19 bedroom Castle for sale with countryside view in Chianti, Tuscany

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Reference: 177946

Bedrooms: 19
Bathrooms: 19
Floor Size: 5,000 m2
Plot Size: 94 hectares / 232.28 acres

Features

Woodland
Fruit Trees
Vineyard or Wine Making
Countryside View
Private
Turn Key Good Condition

Details

For over a millenium, this majestic castle with a rich history has sat atop a hillside in the heart of the Chianti countryside between Florence and Siena.
The two towers of the castle have dominated the surrounding countryside and views from the external rooms of the castle, and indeed from the towers themselves, are quite breathtaking.

In total there is a floor area of 5000 sqm and land which covers 94 hectares which includes established 18 hectares of vineyards, as well as olive groves, arable land and extensive woodland.
This property is centred around a charming courtyard and the grounds include a swimming pool of 13m by 7m.

The main body of the castle has been fully restored with 19 ensuite bedrooms, grand state rooms, extensive cellars, staff accommodation, offices and 300sqm of unrestored rooms.

The property lends itself for use as a hotel, events venue or indeed as a working wine estate with private residence for corporate and/or private entertaining.

The restored areas of the property provide a high level finish typical of Tuscan residences. Terracotta floors and beamed ceilings are found alongside newly restored bathrooms.

The 94 hectares of land encircle the castle; effectively the whole hill is the property of the castle as the centrepiece. This allows absolute privacy and security. The land is divided as follows: 12 hectares of vines with a further 6 hectares recently planted with vines, 15 hectares of olive groves, 30 hectares of arable land (of which 6 hectares could be planted with vines), the remaining land is woodland.

At present the vines are producing between 70,000 and 90,000 bottles per annum with the possibility to increase this volume to between 120,000 and 150,000 bottles per annum once the newly planted vines are producing. Production of the wine is managed by a local winery however a winery could be brought on site.

There are 300 sqm of agricultural rooms which could be restored to create further accommodation and the separate 'tinnaia' offers further potential as guest or staff accommodation.

The rural location of the castle provides absolute tranquillity as well as some of Tuscany's most breathtaking views. A short distance from the castle there is a small village with basic services and a choice of a couple of restaurants. Further afield one can reach Florence in just 35 minutes, Siena in 45 minutes and Pisa airport in 1 hour.

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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.