9 bedroom Tuscan Farmhouse for sale with panoramic and countryside views with Income Potential in Volterra, Tuscany
The estate is accessible via a 6 km unpaved road in perfect condition just 20 minutes by car from the Etruscan town of Volterra. The estate is situated at the end of the lane boasting absolute intimacy and privacy and a fantastic panoramic view over the fruit and olive trees.
The character property was originally an old sighting tower and during the years it has been carefully renovated by the current owners and converted into a majestic farm.
The estate...
The estate is accessible via a 6 km unpaved road in perfect condition just 20 minutes by car from the Etruscan town of Volterra. The estate is situated at the end of the lane boasting absolute intimacy and privacy and a fantastic panoramic view over the fruit and olive trees.
The character property was originally an old sighting tower and during the years it has been carefully renovated by the current owners and converted into a majestic farm.
The estate comprises a main building, a guest house, swimming pool, outbuildings which are currently used as storage/cellar and 12 hectares of land.
The main building of circa 420m2 is spread over two floors and is divided into 4 apartments: one apartment is on the ground floor and two apartments are situated on the first floor.
The ground floor flat consists of: living room/kitchen, bedroom and bathroom. Also on the ground floor there is a kitchen and a spacious living room, all with fantastic cross-vaulted ceilings. Also a bathroom, storage room, and a pantry.
Finally, the ground floor is completed by a cellar and another storage room.
The first floor is accessible via an external staircase and features 2 apartments, both 90m2 and they comprise: living room with fireplace, bathroom, kitchen, ante-room and 3 bedrooms.
Nearby there is a 100m2 guest house with a spacious living room/kitchen, double bedroom, bathroom and a loft which can be used as sleeping area.
All the apartments are ready to move in and they boast typical Tuscan style features such as terracotta floors and beamed ceilings.
The estate is supplied with a 12 kWh photovoltaic plant and mains water. There are additional 143m2 of storage areas, with tasting room, bottling room and cellar.
The sale includes 12 hectares of land with the farmhouse at its heart, with a swimming pool and lovely pathways.
The estate sits in a natural park, perfect for trekking, jogging, or simply walk and relax amongst the surrounding hills.
The land consists of 3.5 hectares of woodland, 4.5 hectares of arable land and 3 hectares olive groves with 860 olive trees under production and 1 hectare of garden around the buildings.
There are 3 water springs in the land, one is superficial and the other two are connected to a 2600 litres water deposit with pump system for the irrigation.
The land is also perfect for the wine cultivation, as in the past there was a vineyard that produced high quality wine.
Distances:
Volterra 12 km, Siena 54 km, Florence 74 km, The Coast is 55 km, Pisa airport 70 km.
Breath-taking panoramic views.
Features
Location
Where is this property?
This Farmhouse is located in Volterra 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.