5 bedroom Villa for sale with panoramic view in Terni, Umbria

1,200,000 EUR 1,032,000 GBP 1,296,000 USD

Reference: 198686

Bedrooms: 5
Bathrooms: 5
Floor Size: 480 m2
Plot Size: 1.35 hectares / 3.34 acres

Features

Terrace
Gym
Hot Tub or Sauna
Fireplace
Possible Extra Dwellings
Potential for Income
Panoramic View
Turn Key Good Condition

Details

Perfectly located only 30 minutes from the historical towns of Todi, Spoleto and Orvieto, this fabulous villa is in the peaceful countryside in Terni and yet within walking distance of the town.

Surrounded by the glorious Umbrian landscape giving panoramic views from this delightful villa which is in fact two units with a total floor space of 480m2.

The properties have been recently constructed and the main dwelling is elegant and impressive with an interior floor space of 400m2, while the adjoining two floor annex comes with 80m2.

The property stands at the heart of its 13,500m2 of land which is lush with Mediterranean plants and where there is a fabulous 5m x 10m swimming pool on two levels, with an area dedicated to the children.

The estate is made of fine local stone with finishes of the highest quality and is enhanced by beautiful covered and open terraces that measure around 70m2.

On the lower ground floor there is a studio area, a gym and a spa with a Turkish bath; there are then utility rooms, a laundry room, a bathroom, and two bedrooms. The ground floor has a wonderful living room with stone fireplace, a large, fully fitted and light kitchen, two bedrooms, one with terrace, a wardrobe, and 2 bathrooms; while on the upper floor there is the master suite with a fireplace and a private bathroom, as well a terrace at roof level.

This area is a really haven of peace and tranquillity in the Umbrian countryside, offering comfort and privacy within walking distance from the city centre.

Not far from Orvieto, Todi, Spoleto and Viterbo, and also very close to Mount Argentario, where you can enjoy the wonderful Italian beaches. Easy accessible for the highway to Rome and all the important Italian cities.

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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.