1 bedroom Apartment for sale with countryside and panoramic views in Gambassi Terme, Tuscany

255,000 EUR 219,300 GBP 275,400 USD

Reference: 233227

Bedrooms: 1
Bathrooms: 1

Features

Terrace
Potential for Income
Countryside View
Panoramic View
Parking
Turnkey
Good Condition

Details

Charming and beautifully presented 1 bedroom ground floor apartment, situated with a prestigious borgo in Gambassi Terme, which has been completely refurbished according to the typical Tuscan style and which finds its origins back to the 979, when it was part of the Church patrimony.

The complex is completely immersed in the countryside between Volterra and Gambassi Terme, San Gimignano is 12km, Pisa airport 1 hour as well as Siena and the Coast. The hamlet can be easily accessible through a 3km unpaved road, which is in perfect condition and it is surrounded by lush vegetation, centuries old olive trees and has stunning panoramic views over Volterra.

The complex is set within 60 hectares of land, with 4 buildings which have been completely renovated and converted into 15 apartments with a communal infinity swimming pool with hydro massage and impressive views over Volterra town and the hills.

The project foresees also the creation of a spa by taking advantage of the source of hot spring waters underground. Each apartment is assigned an exclusive car-space, an exclusive garden or terrace and the use of the communal areas.

The apartment is set on the ground floor, the location is intimate as there is only one other apartment on top and a little chapel.

With a total cosy living area of 45m2, features include: living room/kitchen with access to the little terrace/garden which has been exclusively assigned to the apartment, bright and good sized bedroom, with a second access to the outside and a bathroom.

Tastefully furnished and equipped with all comforts, wifi, air cooler and heater, amazing terracotta floors, beamed ceilings and antique chestnut doors.

Perfect investment also to be rented out.

Nearby there are restaurants with typical Tuscan menus, farms for buying organic products. Shops and supermarkets in the villages of Gambassi Terme or San Gimignano about 10km away. In a central position to visit the art cities of Florence (69km), Siena (62km), Pisa (68km), Lucca (69km), Volterra (26km), San Gimignano (13km), Gambassi Terme (10km), And in about 1h20 is the Tuscan coast to spend a day at the beach.

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Italy Property Buying Guide

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.