Reference250645
Price1,950,000 EUR
Bedrooms9
Bathrooms9
Floor Space500.0m2
Land Area1.5 Ha

9 bedroom House with countryside view with Income Potential in Ostuni, Puglia

1,950,000 EUR
1,677,000 GBP2,086,500 USD
Fabulous 9 bedroom spacious historical property with separate accommodation, nestling in nearly 4 acres of glorious land with fruit trees, enjoying far reaching countryside views from its peaceful location near Ostuni.

Situated only 10 minutes away from Ostuni, with two private driveways that lead to drystone-gated walls that blend beautifully into the natural landscape.

The original buildings date back to the 17th century and will bring you back in time with its 5-cone Trulli currently hosting two bedrooms, a bathroom and a living area with fireplace; and its adjacent Lammia the original place for pressing the grapes and storing the wine, nowadays converted into a cosy one-be...
Fabulous 9 bedroom spacious historical property with separate accommodation, nestling in nearly 4 acres of glorious land with fruit trees, enjoying far reaching countryside views from its peaceful location near Ostuni.

Situated only 10 minutes away from Ostuni, with two private driveways that lead to drystone-gated walls that blend beautifully into the natural landscape.

The original buildings date back to the 17th century and will bring you back in time with its 5-cone Trulli currently hosting two bedrooms, a bathroom and a living area with fireplace; and its adjacent Lammia the original place for pressing the grapes and storing the wine, nowadays converted into a cosy one-bedroom accommodation with a living area and a bathroom.

For all year round living comfort the main building resembles an ancient Messapian architecture with two aisles and a double pitched roof laid out on two floors.

On the ground floor is a spacious living room hosting several sofas, dining tables, a piano and a fireplace, a spacious kitchen with a French door, a yoga room with big window-doors easily convertible into a small theatre or TV room, a bathroom and a utility room.

From the ground floor there are several doors leading to the outside patio and pergola as well as to a one-bedroom accommodation with its private access.

The first floor is accessible via some internal stairs and here there are
5 en suite bedrooms, a very light office room overlooking the Trulli and a spacious reading area with high ceilings.

This superb property is surrounded by a productive Mediterranean garden of olive, fig, and citrus trees; that can supply an abundance of fresh healthy fruit and vegetables all year round, plus many different roses.
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Mike

Mike Braunholtz

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Mike has over 25 years experience helping international buyers

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This House is located in Ostuni in Italy

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Buying Real Estate in Italy

1. Making the Offer to Purchase (Offerta)

Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.

2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)

The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.

3. Signing the Final Deed of Sale (Rogito or Atto Notarile)

The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.

4. Formalities to be observed after Completion

Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.

IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.