4 bedroom Villa for sale with countryside view with Income Potential in Pieve di Teco, Liguria

620,000 EUR 533,200 GBP 669,600 USD

Reference: 246017

Bedrooms: 4
Bathrooms: 6
Floor Size: 241 m2
Plot Size: 1,120 m2

Features

Balcony
Terrace
Garden
Original Features
Possible Extra Dwellings
Countryside View
Parking
Traditional Style
Turnkey
Good Condition

Details

Beautifully renovated, exquisite 4 bedroom historical villa with separate guesthouse, nestling in glorious landscaped gardens while enjoying panoramic countryside views from its location in Pieve di Teco.

This spectacular property is situated in Lovegno, a captivating village seemingly frozen in time near Pieve di Teco. Thanks to expert renovation it seamlessly blends luxury with tradition, and captivates with its elegant and charming character, earning it the moniker "Casa della Magnolia" in honour of the majestic magnolia tree that distinguishes it and makes it famous in the valley.

Meticulously renovated to offer modern comforts without compromising its original charm, this residence is an absolute rarity in the market.

With ancient roots dating back to the 18th century, this sumptuous villa spans two floors and offers a spacious and bright living and dining room, fitted kitchen, four bedrooms and six bathrooms, ensuring ample space for hosting family and friends.

Additionally, it features a delightful, fully independent guest house with a spacious terrace providing marvellous panoramic views over the hills and the sea. The house is lavishly furnished with carefully selected, harmonious pieces to create a unique and refined atmosphere, celebrating elegance.

Externally, the property is embraced by a large, completely level private garden, a perfect space for sunbathing or the possibility of constructing a fantastic pool.

It has recently undergone a renovation that makes it truly special, with meticulous attention to detail. The wood parquet floors, stone elements, antique keys, original materials, towering wooden ceilings, skilful use of mezzanines, perfect stone walls, antique doors, and numerous meticulously cared-for details, provide the house with warmth and authenticity, creating a unique charm.

The strategic location of this villa is another of its strengths. In a short time, one can immerse themselves in the crystal-clear waters of the Ligurian Sea, perfect for basking in the sun. Alternatively, the nearby slopes can easily be accessed for skiing, making it an ideal retreat for all seasons. Furthermore, one can explore the beauties of Lower Piedmont, known for its exceptional wines and sublime culinary experiences.

This superb property represents the perfect balance between elegance, history, and contemporary comfort, a true oasis of tranquility in an extraordinary natural and landscape setting.

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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.