Farmhouse-rustico in Umbria

Ficulle, 84, Italy

For Sale

€860,000

REF: 117190 €860,000


Description

Borgo San Nicol is a rarely available original complex, to be completely restored, with authentic rural flavour. It will show new glory thank to a rebuilding and restoration work. Harmoniously proportioned, it boasts important features such as the old tower and stone portals. Party divided and partly flanked, the buildings cover a total area of 1.500sqm, within which several living units could be built (for example, 10/15 accommodation units with independent access, overlooking the garden, which could be private too).

With the necessary permits, it could be possible to recover additional space and enlarge the property with, for example, office space or accommodation with parking, gardens and swimming pool. Given the location, the property has interesting potential as agritourism (self-catering holidays), perfect to enjoy the countryside.

The local historic context could also add value through the presence of a beautifully restored and consecrated church of ancient Roman and Franciscan origins. This is where the illustrious Monaco Graziano wrote some important documents of canon law that are still in use today. Thus, the local historic value would bring added interest and make the property an ideal setting for conferences, weddings, functions, receptions and catering events due to its large spaces.

The surrounding land, which is partly terraced, covers about 26 hectares, divided into 4.3 of wood, 8.6 of arable land, 1.6 of olive grove, 4.7 of arable land planted with trees, and 5.6 of grazing land plus natural parkland, uncultivated areas and courtyards. With careful restoration it would be possible to establish various types of flora and fauna thanks to streams and springs that are here.

The property needs a reactivation of the utilities; energy supply is available in the area.The entire property and the hamlet need restoration, renovation and/or a complete rebuilding, preserving the typical local characteristics. A town water supply is approximately 500 metres away, and there are also numerous wells and springs that could be further utilised.

There is no sewage or electricity supply, although there are possible nearby connections. The Energy class cannot be determined at this time as it is a complete renovation project.Thanks to its surface and location, this property would be perfect for several uses: splendid private residence as first or second home, touristic facility as agritourism or holiday home.

There is also the possibility to restore the complex and divide it into several living units to be sold separately or seasonally rented out.The property is located within the Badia area in the Ficulle municipality and enjoys a valley location within the open countryside below Mount Orvieto situated in the heart of Italy on the Tuscan and Umbrian border, in the famous Chianti/Orvieto area halfway between Rome and Florence.

The property is accessed via a paved road and ultimately a short stretch of country road of 2,5 Km. Within 6-7 km there are all amenities of neighbouring towns such as the historic centre of Ficulle and Parrano as well as the shopping area of Fabro with its train station and the A1 motorway exit.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by a company.
Borgo San Nicol is a rarely available original complex, to be completely restored, with authentic rural flavour. It will show new glory thank to a rebuilding and restoration work. Harmoniously proportioned, it boasts important features such as the old tower and stone portals. Party divided and partly flanked, the buildings cover a total area of 1.500sqm, within which several living units could be built (for example, 10/15 accommodation units with independent access, overlooking the garden, which could be private too).

With the necessary permits, it could be possible to recover additional space and enlarge the property with, for example, office space or accommodation with parking, gardens and swimming pool. Given the location, the property has interesting potential as agritourism (self-catering holidays), perfect to enjoy the countryside.

The local historic context could also add value through the presence of a beautifully restored and consecrated church of ancient Roman and Franciscan origins. This is where the illustrious Monaco Graziano wrote some important documents of canon law that are still in use today. Thus, the local historic value would bring added interest and make the property an ideal setting for conferences, weddings, functions, receptions and catering events due to its large spaces.

The surrounding land, which is partly terraced, covers about 26 hectares, divided into 4.3 of wood, 8.6 of arable land, 1.6 of olive grove, 4.7 of arable land planted with trees, and 5.6 of grazing land plus natural parkland, uncultivated areas and courtyards. With careful restoration it would be possible to establish various types of flora and fauna thanks to streams and springs that are here.

The property needs a reactivation of the utilities; energy supply is available in the area.The entire property and the hamlet need restoration, renovation and/or a complete rebuilding, preserving the typical local characteristics. A town water supply is approximately 500 metres away, and there are also numerous wells and springs that could be further utilised.

There is no sewage or electricity supply, although there are possible nearby connections. The Energy class cannot be determined at this time as it is a complete renovation project.Thanks to its surface and location, this property would be perfect for several uses: splendid private residence as first or second home, touristic facility as agritourism or holiday home.

There is also the possibility to restore the complex and divide it into several living units to be sold separately or seasonally rented out.The property is located within the Badia area in the Ficulle municipality and enjoys a valley location within the open countryside below Mount Orvieto situated in the heart of Italy on the Tuscan and Umbrian border, in the famous Chianti/Orvieto area halfway between Rome and Florence.

The property is accessed via a paved road and ultimately a short stretch of country road of 2,5 Km. Within 6-7 km there are all amenities of neighbouring towns such as the historic centre of Ficulle and Parrano as well as the shopping area of Fabro with its train station and the A1 motorway exit.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by a company.
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Property on Map

#5709

Currency Exchange

Ficulle, 84, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £731,593 £753,824 £22,231
Property Price € €860,000
Minimum cost in the last six months £731,593
Maximum cost in the last six months £753,824
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,231

Ficulle, 84, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £731,593 £753,824 £22,231
Property Price € €860,000
Minimum cost in the last six months £731,593
Maximum cost in the last six months £753,824
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,231

The exchange rate on the day you make an offer on your property in Italy will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,231 more.

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