Luxury 8 bedroom Villa for sale in Peschiera del Garda, Veneto

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Reference: 215509

Bedrooms: 8
Bathrooms: 12
Floor Size: 600 m2
Plot Size: 500 m2

Features

Terrace
Fruit Trees
Vineyard or Wine Making
Hot Tub or Sauna
Possible Extra Dwellings
Potential for Income
Private
Parking
Garage
Turnkey
Good Condition

Details

Spectacular 8 bedroom villa which is ideally set in a hilly position in Peschiera del Garda, immersed in the Lugana countryside amongst vineyards and with wonderful lake views.

Set on a plot of around 500m2 with a swimming pool, this superb villa, which is ideal as a B&B business, is divided into 2 units, both of which are set out over 2 floors and connected by a living room and a room which is used as a breakfast area.

Features include: entrance hall, living room with pool view, kitchen area and 2 double bedrooms with en-suite bathrooms. The rooms on the first floor all have panoramic terraces. The villa is excellently furnished in a contemporary style with high quality finishes throughout.

In addition to the main villa, there are another 3 bedrooms with en-suite bathrooms, which have independent access from the garden as well as a further suite on the first floor, with a Jacuzzi, accessed by a stylish external spiral staircase.

The property also has a large semi-underground multi-purpose area which is equipped with spacious rooms, and which are already set up for a small wellness centre with therapeutic showers, a Turkish bath, sauna and salt room. Plus there is also a garage, of approximately 125m2, which can accommodate up to 6 cars. The property also benefits from a modern photovoltaic system.

The sale of the villa includes all furnishings and fittings, which would allow to continue with the current tourism / accommodation business immediately. Alternatively, the villa could be 2 prestigious and spacious residential houses.

There is also the possibility to expand further by purchasing some neighbouring land of approximately 750m2, which has the option to build another residential unit of around 190m2.

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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.