4 bedroom Apartment for sale with countryside and panoramic views in Volterra, Tuscany

712,500 EUR 612,750 GBP 769,500 USD

Reference: 226411

Bedrooms: 4
Bathrooms: 3
Floor Size: 298 m2
Plot Size: 0.5 hectares / 1.24 acres

Features

Balcony
Terrace
Private Pool
Air Conditioning
Original Features
Countryside View
Panoramic View
South Facing
Parking
Garage
Good Condition

Details

Unique opportunity to acquire a beautifully restored South facing 4 bedroom apartment within a complex of 15 apartments and an infinity pool, set in over an acre of glorious land enjoying far reaching countryside views over Volterra.

This typical Tuscan style property finds its origins back to 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 12 km, Pisa airport is 1 hour drive as well as Siena and the Coast.

The hamlet can be easily accessible through a 3 km unpaved road in perfect conditions and it is surrounded by a luxuriant vegetation, centuries old olive trees and boasts a stunning panoramic view over Volterra.

The complex is set within 60 ha of land, 4 buildings have been completely renovated and converted into 15 apartments with a communal infinity pool with hydro massage and an impressive view 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 farmhouse is 298m2, south facing and currently divided into 3 independent and completely and finely refurbished apartments.

There is 5,000m2 private garden where it is possible to build a private swimming pool.

Two apartments comprises a living room and kitchen area, bathroom and double bedroom; the third apartment is bigger and it has 2 bedrooms.

All renovations were done in 2006 and to an extremely high quality. It is possible to admire typical Tuscan style features such as beamed and vaulted ceilings, terracotta floors, and apparent stones on the outdoor walls.

All utilities are connected with LPG heating, air conditioning, electric and water mains. It boasts a garage and car space and a cellar.

Nearby there are restaurants with typical Tuscan menus, and farms where you can buy organic products. Shops and supermarkets in the villages of Gambassi Terme or San Gimignano are about 10 km away.

The property is centrally located to visit the art cities of Florence (69 km. ), Siena (62 km. ), Pisa (68 km. ), Lucca (69 km. ), Volterra (26 km. ), San Gimignano (13 km. ), Gambassi Terme (10 km. ), and in about 1h 20 minutes you can reach the Tuscan coast to spend a day at the beach.

There is the possibility to purchase the first floor in order to extend the size of the property. Perfect investment also to be rented out.

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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.