7 bedroom Farmhouse for sale with countryside view with Income Potential in Gaiole in Chianti, Tuscany
5 bedroom farmhouse with 2 bedroom annex, lush mature garden and pool, enjoying countryside views from its location near Gaiole in Chianti.
Situated between Florence and Siena, this elegant property dates back to the 11th century when it was built as a watchtower and connection with the nearby castles of Brolio, Cacchiano, Vertine, and Meleto.
It was purchased by the Ricasoli family and became part of their possessions; it was then transformed into a private farmhouse and around 2000 perfectly restored as a country house, preserving its original beauty thanks to the use of materials as can be seen i...
5 bedroom farmhouse with 2 bedroom annex, lush mature garden and pool, enjoying countryside views from its location near Gaiole in Chianti.
Situated between Florence and Siena, this elegant property dates back to the 11th century when it was built as a watchtower and connection with the nearby castles of Brolio, Cacchiano, Vertine, and Meleto.
It was purchased by the Ricasoli family and became part of their possessions; it was then transformed into a private farmhouse and around 2000 perfectly restored as a country house, preserving its original beauty thanks to the use of materials as can be seen in the beautiful brick vaults on the ground floor and in the seventeenth-century terracotta floor.
The main building has a surface area of 440 m2 and is on two levels. On the ground floor there is a large kitchen, the dining room, the living room with fireplace, a charming double bedroom with vaults, the cellar, and a bathroom.
On the upper floor, there is a characteristic living room with a fireplace where there is a billiard table, and four double bedrooms, 3 of the bedrooms have an en-suite bathroom and shower, one with an adjacent bathroom and bathtub.
There is a heating system with pellet stove for heating and domestic hot water.
The annex has a surface area of approximately 160 m2 and is composed of a large living room, a large and bright kitchen, a double bedroom, 2 bathrooms and a mezzanine of approximately 30 m2 with bedroom.
The renovation excellently combines all the comforts of a modern villa with the original characteristics of a country residence.
The land is approximately 24,000m2 with a recently renovated irrigation system powered by automatic pumps. A small wooden bridge allows access to the swimming pool whose garden has been equipped to allow you to stay in maximum relaxation under a large pergola equipped with a table, barbecue, fridge and sauna.
The lighting was designed in order to create a pleasant and evocative atmosphere that characterises the property. The roof is insulated. There are new thermal fixtures, a heat pump in the barn; pellet boiler in the farmhouse and water from a private well.
Main distances: Siena 20 minutes, Florence 50 minutes, Radda in Chianti 15 minutes, Castellina in Chianti 20 minutes, Gaiole in Chianti 10 minutes.
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This Farmhouse is located in Gaiole in Chianti in Italy
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Buying Real Estate in Italy
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.