Farmhouse-rustico in Tuscany

Cortona, 856, Italy

For Sale

€3,500,000

REF: 725072 €3,500,000


18

Description

In the immediate proximity of Cortona in Tuscany, an historic villa with park and swimming pool is for sale. The property, which has been completely restored, is currently used as an hotel and comprises 15 rooms, 18 bathrooms and 5.8 ha of land. The complex has a total area of 1074 sqm divided into 3 buildings and 1 basement room.

The main body consists of a splendid villa, on 3 levels, of 761 sqm approx.; on the ground floor there is the reception, the restaurant/breakfast room, the kitchen, the service bathrooms for the floor and 3 bedrooms with en-suite bathrooms. The first and second floors are entirely used as sleeping area comprising a further 10 bedrooms with en-suite bathrooms.

Near the villa there is a small outbuilding for office use measuring 35 square metres and a stone building divided into a further 2 bedrooms with bathroom measuring 96 square metres. There is also a basement level with a surface area of 182 sqm where the technical rooms, various rooms for storage use and garages are located.

In a slightly elevated position above the house is the swimming pool area with a 20*10 m pool, terracotta solarium area and panoramic view of Cortona. The property includes 5.8 ha of land of which the beautiful park with century-old oak trees, a small vineyard, olive grove and arable land. The villa is provided with all utilities.

The water supply is guaranteed by the municipal aqueduct while heating is provided by the autonomous methane system. In addition, there is air conditioning. Villa Mecenate is an ancient villa dating back to the 1600s that has recently been restored by the current owners and has been brought back to its splendour, becoming a luxury hotel with all modern comforts.

The exterior architecture is the original one, with its brick arches and pietra serena doors. Inside, the characteristics of a past era have been maintained: plaster walls, brick ceilings supported by wooden vaults, terracotta floors, all restored using original materials. The property is perfect to be put to income as the predisposition is already that of a luxury hotel with reception and all services.

The proximity to all the most famous tourist destinations makes this property perfect for those who love charm but also the countryside.The property is only 3.5 km from the historic centre of Cortona, within a 30-minute range are towns such as Arezzo, Montepulciano and Lake Trasimeno. The nearest airports are Perugia (50 km, 45 min), Florence (100 km, 1 h 15 min), Pisa and Rome (180 km, 2 h).The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
In the immediate proximity of Cortona in Tuscany, an historic villa with park and swimming pool is for sale. The property, which has been completely restored, is currently used as an hotel and comprises 15 rooms, 18 bathrooms and 5.8 ha of land. The complex has a total area of 1074 sqm divided into 3 buildings and 1 basement room.

The main body consists of a splendid villa, on 3 levels, of 761 sqm approx.; on the ground floor there is the reception, the restaurant/breakfast room, the kitchen, the service bathrooms for the floor and 3 bedrooms with en-suite bathrooms. The first and second floors are entirely used as sleeping area comprising a further 10 bedrooms with en-suite bathrooms.

Near the villa there is a small outbuilding for office use measuring 35 square metres and a stone building divided into a further 2 bedrooms with bathroom measuring 96 square metres. There is also a basement level with a surface area of 182 sqm where the technical rooms, various rooms for storage use and garages are located.

In a slightly elevated position above the house is the swimming pool area with a 20*10 m pool, terracotta solarium area and panoramic view of Cortona. The property includes 5.8 ha of land of which the beautiful park with century-old oak trees, a small vineyard, olive grove and arable land. The villa is provided with all utilities.

The water supply is guaranteed by the municipal aqueduct while heating is provided by the autonomous methane system. In addition, there is air conditioning. Villa Mecenate is an ancient villa dating back to the 1600s that has recently been restored by the current owners and has been brought back to its splendour, becoming a luxury hotel with all modern comforts.

The exterior architecture is the original one, with its brick arches and pietra serena doors. Inside, the characteristics of a past era have been maintained: plaster walls, brick ceilings supported by wooden vaults, terracotta floors, all restored using original materials. The property is perfect to be put to income as the predisposition is already that of a luxury hotel with reception and all services.

The proximity to all the most famous tourist destinations makes this property perfect for those who love charm but also the countryside.The property is only 3.5 km from the historic centre of Cortona, within a 30-minute range are towns such as Arezzo, Montepulciano and Lake Trasimeno. The nearest airports are Perugia (50 km, 45 min), Florence (100 km, 1 h 15 min), Pisa and Rome (180 km, 2 h).The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
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Property on Map

#7707

Currency Exchange

Cortona, 856, 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 €3,500,000 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
€3,500,000 £2,977,415 £3,067,890 £90,475
Property Price € €3,500,000
Minimum cost in the last six months £2,977,415
Maximum cost in the last six months £3,067,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £90,475

Cortona, 856, 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 €3,500,000 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
€3,500,000 £2,977,415 £3,067,890 £90,475
Property Price € €3,500,000
Minimum cost in the last six months £2,977,415
Maximum cost in the last six months £3,067,890
Fluctuating exchange rates over the last six months could have increased the cost of this property by £90,475

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 £90,475 more.

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