6 bedroom Farmhouse for sale with countryside and panoramic views in Villa Palagio, Val d'Orcia, Tuscany

Enquire For Price

Reference: 172776

Bedrooms: 6
Bathrooms: 9
Reception room(s)::2
Floor Size: 430 m2
Plot Size: 8 hectares / 19.77 acres

Features

Fruit Trees
Vineyard or Wine Making
Fireplace
Outbuildings
Countryside View
Panoramic View
Turn Key Good Condition

Details

This Tuscan property really is a rare opportunity to acquire a Tuscan farmhouse with panoramic views in this world-renown UNESCO corner of Tuscany.

The property comprises of three principle structures, the fully restored main house measuring 430 sqm plus two further structures, offering the opportunity to use the property as a private residence or to run it as a boutique hotel or agristurismo.

The Main House
This property is and immaculately renovated rural residence surrounded by 8 hectares of private grounds with panoramic views over the Val d'Orcia.
This is a rare opportunity to acquire a Tuscan farmhouse in a world famous UNESCO area of Tuscany.
There are 3 main components in this property: the fully restored main house of 430m2 and 2 other structures giving the opportunity for use as a private residence or to develop a boutique hotel or agriturismo.

The main house has accommodation spread over two floors providing two apartments, four bedrooms, a large open plan reception room with wonderful fireplace as its centrepiece, a kitchen and laundry.

The restoration has been carried out to the highest standard respecting all the traditional Tuscan features and materials such as terracotta floorings and beamed ceilings. The meticulous restoration has also contemporary tastes for energy efficiency by investing in high quality insulation to the walls and ceilings, rain water collection and advanced anti-damp provision.

Gardens and Land:
The property boasts an impressive panoramic swimming pool measuring 140 sqm with large sun bathing deck and manicured lawns.

The 8 hectares of land is laid to 5.5 hectares of olive groves producing an excellent olive oil annually from its 700 trees. There is also a small orchard with trees providing peaches, pears, apples, apricots, figs and plums. The remaining 1.5 hectares of land can be used accordingly to one’s requirements planting further olive groves or planting vineyards.

Further Accommodation and Outbuildings
The first of the outbuildings is part restored and measures 120 sqm. In addition there is an agricultural building measuring 400 sqm which could provide further accommodation or storage.

Location
Being located in the heart of the Val D’Orcia one can enjoy absolute tranquillity whilst within ten minutes there are a range of services and restaurants in the charming nearby towns and villages. If one is looking for a larger city Siena can be reached in 45 minutes and one can choose between the airports at Rome, Pisa and Perugia.

Show Map

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.