Extensive Estate with Golf Course &
5,750,000 EUR
5,117,500 GBP 6,440,000 USD
- Bedrooms: 33
- Bathrooms: 32
- Floor Size (m2): 1,770
- Plot Size (m2): 150,000
- Work Required: None
- Swimming Pool
- Gite / Additional Accommodation
- Golf: 1
Beautiful period villa set in the Sienese hills in the national park of the Montagnola.
The estate comprises the villa, 2 large guesthouses and 5 other buildings, surrounded by approximately 15 hectares of parkland, part of which has been converted into a 10 hole golf course. The villa which dates back to the 1500's, measures approximately 1,000m2, which offers 14 bedrooms each with en-suite bathroom, 3 reception rooms, lounge bar, kitchen, cellar, reception area and studio.
As with many other historic residences of this period, the villa has its own private chapel, restored in the 80’s and measuring approximately 60m2, with the possibility of being deconsecrated. The first guest house is a barn conversion dating back around 20 years. The conversion was based upon the owners desire to create an area where he could cook and entertain friends and other food enthusiasts. The property comprises a spacious professional kitchen, living room, 2 bathrooms on the ground floor, and 4 bedrooms with bathroom on the first floor. The property measures approximately 170m2.
The second and largest guesthouse has recently been restored and converted into a typical Tuscan farmhouse. The property offers around 600m2, and comprises 15 bedrooms each with en-suite facilities, an office, and various service rooms in need of refurbishment to create living areas. A separate annex offers laundry facilities and utility rooms.
There are various other barns which could be restored, the largest of which is a stone barn of approximately 150m2.
The land surrounding the property is divided into 2.5 hectares of forest, 1.5 hectares of olive groves and 11 hectares of parkland, which includes the golf course, large swimming pool, tennis courts and a football pitch, all fully functional.
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Italy Property Buying Guide Property Blog
Guide to the Italian Buying Process
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.
