Tuscany can be found on Italy’s west coast and is fondly regarded as one of the most popular destinations to enjoy, as a visitor or resident. Diverse in its offerings, with world-renowned art cities, including Florence, Lucca, Pisa and Siena, to the idyllic countryside; the small towns, castles, villages and villas, and, of course, vineyards of Tuscany, all of which are a far cry from the vibrant, larger Tuscan cities.
Dining on Tuscan food, sampling local wines, marvelling at Renaissance art in Florence and barefoot walks on the beach in Viareggio are just a few of the pastimes you can expect to indulge in when you invest in Tuscany property for sale.
Splendid sunshine, landscapes, seascapes and city horizons become an instant pull for international buyers. Tuscany has every right to boast its appeal due to its captivating scenery and aspiring culture. These alluring qualities can make investors assume that their dream Tuscan property will sport a large asking price. However, owning real estate here could be cheaper than you imagine.
The information provided below will give you insight into the buying and selling procedure, before becoming a fully-fledged Tuscan resident.
What the stats say
Essentially, what the statistics reveal about the real estate market is an increase in investment from foreign investors. There is simply no denying the prevailing charm that Italy provides, enticing investors from across the globes to Tuscan properties.
With the right expert guidance, property purchases in Tuscany can be no more taxing than buying property in any other market. However, having the knowledge of the Italian property purchase process to hand is always advisable.
Although, many may be wondering if it is possible to get a dream Tuscany property for under €500K? Below, we have listed a selection of various luxury properties in Tuscany that are available for under €500,000 to give you an idea of the type of property you can buy within this price range.
The former watermill, located in the heart of a charming chestnut and oak wood, in the municipality of Cortona, offers potential owners the chance to acquire property within a characteristic town, steeped in history, and bursting with vibrant art and important cultural events.
Locations such as Siena, Montalcino, Montepulciano, Cetona, and Florence in Tuscany and Todi, Spello, Perugia, Assisi, Montefalco, Spoleto and Castiglione del Lago in Umbria lie just a short distance away, meaning there’s plenty to see and do to suit all tastes and ages.
The property’s original, ancient watermill building dates back as far as 1500. So, if a classic Italian property is what you are looking for, this mill could be the ideal abode for you.
As part of the renovation of the mill, the original characteristics were kept intact, a factor that will surely please many. The millstone is visible from the living room on the ground floor, where a large kitchen, atrium which acts as a sitting room with fireplace, and a private WC is located. The mill’s sitting room boasts a staircase with steps in original pietra serena and antique wood which are set into exposed stone, solidifying an original look and feel.
The first floor is made up of a double bedroom – complete with original fireplace dating back to 1500 and exposed stone walls – along with a second double bedroom and a large bathroom, that homes a 19th-century style bathtub.
The house itself is located in the heart of a plot of land measuring around 8,000 square metres. The property has much to offer, and one of the other enticing factors is the built-in swimming pool that has been installed.
If this type of property is something that you think you are in the market for, then why not contact us today to discuss more?
A Mill
The former watermill, located in the heart of a charming chestnut and oak wood, in the municipality of Cortona, offers potential owners the chance to acquire property within a characteristic town, steeped in history, and bursting with vibrant art and important cultural events.
Locations such as Siena, Montalcino, Montepulciano, Cetona, and Florence in Tuscany and Todi, Spello, Perugia, Assisi, Montefalco, Spoleto and Castiglione del Lago in Umbria lie just a short distance away, meaning there’s plenty to see and do to suit all tastes and ages.
The property’s original, ancient watermill building dates back as far as 1500. So, if a classic Italian property is what you are looking for, this mill could be the ideal abode for you.
As part of the renovation of the mill, the original characteristics were kept intact, a factor that will surely please many. The millstone is visible from the living room on the ground floor, where a large kitchen, atrium which acts as a sitting room with fireplace, and a private WC is located. The mill’s sitting room boasts a staircase with steps in original pietra serena and antique wood which are set into exposed stone, solidifying an original look and feel.
The first floor is made up of a double bedroom – complete with original fireplace dating back to 1500 and exposed stone walls – along with a second double bedroom and a large bathroom, that homes a 19th-century style bathtub.
The house itself is located in the heart of a plot of land measuring around 8,000 square metres. The property has much to offer, and one of the other enticing factors is the built-in swimming pool that has been installed.
If this type of property is something that you think you are in the market for, then why not contact us today to discuss more?
A Villa
This villa is a charming house on the hillside, not far from the medieval village of Fosdinovo.
The villa features 216 square metres of living accommodation and is located on an idyllic flat plot of land, approximately 2,800 square metres in size.
This property provides many alluring features, with a large sitting room, generous kitchen, two bathrooms, two bedrooms, a utility room and the added bonus of basement; this makes for a prime example of a Tuscan villa on the market, that is well below the €500,000 mark, at an asking price of €260,000.
An Apartment
We have picked out this apartment as our example of a great apartment choice under €500,000. This 3-bedroom apartment situated in a beautifully restored stone built farmhouse, located in the heart of Tuscany, is the picture of perfection for many international investors looking at the Tuscan property market.
Located within walking distance of the charming medieval village of Radicondoli, Siena, the views and surroundings are second to none, adding to its appeal.
This spacious and bright ground floor apartment has a living area of around 190 square metres and features a private garden and courtyard.
On the approach to the property, you are greeted with superb views of the landscape that are unsurpassable. The house is set atop a quintessential Tuscan hill, overlooking the unspoilt valley.
The terracotta tiled courtyard comprises of an entrance hall, living room with three panoramic windows and access to the large and fully equipped kitchen/dining room, with a French door feature that opens onto the courtyard. Three double bedrooms, one of which has a study with panoramic views, and another offering access to the garden. Two bathrooms, a study and a single bedroom also feature in this property.
As with many properties in this region, a swimming pool comes with the house. This property’s pool is shared and measures 4 x 15m.
Located in Pratovecchio, this farmhouse is a wonderful example of a typical farmhouse renovation you can buy for under €500,000.
The property is located in Poppiena di Sopra, in the Casentino valley, near several castles including Romena, Poppi and Porciano, in a more than appealing position for potential buyers, with stunning views over the Casentino valley, opposite the Castle of Romena.
The residential building has a living area of 288 square metres, boasting a total of 12 rooms.
The first floor is accessed by an external staircase and has a balcony. There is a lovely kitchen with a fireplace, a hallway with an oven, two bedrooms and an additional two reception rooms.
On the ground floor, you’ll find several rooms used as a cellar and storage room.
This example of a Tuscan farmhouse comes complete with its own former stable, which is always an appealing factor for those who may want to consider further renovations in the future.
If any of the properties in this feature have appealed to you, or you would like to look at similar properties in the area, get in touch with the Prestige Property Group team today.