Farmhouse-rustico in Umbria

Cannara, 84, Italy

For Sale

€850,000

REF: 312472 €850,000


6

Description

In an almost surreal atmosphere due to its silence, only occasionally interrupted by the sounds of surrounding nature, in a privileged hilly position (naturalistically protected area) from which the gaze is lost on the Umbrian valley and on the hill directly opposite where the stupendous city of Assisi, stands a typically Umbrian farmhouse that takes you back to peasant times of genuine and authentic flavors.

The spectacular nature that surrounds this farmhouse, made up of olive groves and vineyards, is just a few km from the most important urban centers in the area: Assisi, Spello, Bevagna, Montefalco and Perugia. This magnificent property consists of a 15th century stone farmhouse, surrounded by greenery just a few km from Assisi, partly used as an accommodation business and a cellar for use by the small agricultural company.

The farmhouse is divided into a part of approximately 300 sqm (renovated in 2014) and composed of 2 mini apartments, 3 bedrooms with bathroom, common breakfast/tasting room, a relaxation room, all for hospitality use. There is also a cellar for the production of wine. The other part of the farmhouse of approx.

150 sqm needs a major renovation. Each room is equipped with all comforts: ensuite bathroom, some with hydromassage tub and chromotherapy. Surrounded by DOC and DOP land (Martani hills) of 4.17 hectares (1 ha of DOP vineyard + 3 ha of centuries-old olive grove + 150 ancient fruit trees). The farm has one of the few remaining vines in Italy and in the world to still be cultivated "ungrafted", that is, without any grafting.

The company specializes in passito wines and, in limited editions, also produces traditional local wines, and dessert wines such as Vernaccia di Cannara DOC. An excellent Moraiolo monovarietal extra virgin olive oil is also produced. The warehouse stock at the time of the proposal must be added to the asking price.

Watch our video interview with the owner of the estate: https://youtu.be/ENMUIF_taIU The property is provided with all the necessary utilities.The largest part of the property was restored in 2014, preserving the original features with the addition of modern comforts, and is now used as a tourist facility.

The other part needs an important restoration.Prestigious touristic facility with farmhouse, functioning, and agricultural production business with olive groves and vineyards. The part that needs restoration could be used as a private residence for the new owners. In a strategic well-connected position, this property is a convenient point of start to visit the major centres in Umbria.

Considering its strong touristic appeal, with Spello, Montefalco, Bevagna, Assisi, Norcia and Spoleto, it represents an investment with great potential.The property is located in the municipality of Cannara (2km away from the town), in the area of the most prestigious winemakers in Umbria. In fact, it is just a few steps away from the most famous winery, Cantina Carapace, designed by Arnaldo Pomodoro, in front of Assisi and Spello.

The airport of Perugia is only 20km away.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 private individuals and the purchase will be taxed according to the current laws.
In an almost surreal atmosphere due to its silence, only occasionally interrupted by the sounds of surrounding nature, in a privileged hilly position (naturalistically protected area) from which the gaze is lost on the Umbrian valley and on the hill directly opposite where the stupendous city of Assisi, stands a typically Umbrian farmhouse that takes you back to peasant times of genuine and authentic flavors.

The spectacular nature that surrounds this farmhouse, made up of olive groves and vineyards, is just a few km from the most important urban centers in the area: Assisi, Spello, Bevagna, Montefalco and Perugia. This magnificent property consists of a 15th century stone farmhouse, surrounded by greenery just a few km from Assisi, partly used as an accommodation business and a cellar for use by the small agricultural company.

The farmhouse is divided into a part of approximately 300 sqm (renovated in 2014) and composed of 2 mini apartments, 3 bedrooms with bathroom, common breakfast/tasting room, a relaxation room, all for hospitality use. There is also a cellar for the production of wine. The other part of the farmhouse of approx.

150 sqm needs a major renovation. Each room is equipped with all comforts: ensuite bathroom, some with hydromassage tub and chromotherapy. Surrounded by DOC and DOP land (Martani hills) of 4.17 hectares (1 ha of DOP vineyard + 3 ha of centuries-old olive grove + 150 ancient fruit trees). The farm has one of the few remaining vines in Italy and in the world to still be cultivated "ungrafted", that is, without any grafting.

The company specializes in passito wines and, in limited editions, also produces traditional local wines, and dessert wines such as Vernaccia di Cannara DOC. An excellent Moraiolo monovarietal extra virgin olive oil is also produced. The warehouse stock at the time of the proposal must be added to the asking price.

Watch our video interview with the owner of the estate: https://youtu.be/ENMUIF_taIU The property is provided with all the necessary utilities.The largest part of the property was restored in 2014, preserving the original features with the addition of modern comforts, and is now used as a tourist facility.

The other part needs an important restoration.Prestigious touristic facility with farmhouse, functioning, and agricultural production business with olive groves and vineyards. The part that needs restoration could be used as a private residence for the new owners. In a strategic well-connected position, this property is a convenient point of start to visit the major centres in Umbria.

Considering its strong touristic appeal, with Spello, Montefalco, Bevagna, Assisi, Norcia and Spoleto, it represents an investment with great potential.The property is located in the municipality of Cannara (2km away from the town), in the area of the most prestigious winemakers in Umbria. In fact, it is just a few steps away from the most famous winery, Cantina Carapace, designed by Arnaldo Pomodoro, in front of Assisi and Spello.

The airport of Perugia is only 20km away.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 private individuals and the purchase will be taxed according to the current laws.
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Property on Map

#6391

Currency Exchange

Cannara, 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 €850,000 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
€850,000 £723,087 £745,017 £21,930
Property Price € €850,000
Minimum cost in the last six months £723,087
Maximum cost in the last six months £745,017
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,930

Cannara, 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 €850,000 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
€850,000 £723,087 £745,017 £21,930
Property Price € €850,000
Minimum cost in the last six months £723,087
Maximum cost in the last six months £745,017
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,930

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 £21,930 more.

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