9 bedroom Villa for sale with countryside and panoramic views in Piegaro, Umbria

695,000 EUR 597,700 GBP 750,600 USD

Reference: 229153

Bedrooms: 9
Bathrooms: 6
Floor Size: 600 m2

Features

Balcony
Fruit Trees
Lake or River Included
Hot Tub or Sauna
Fireplace
Renewable Energy
Possible Extra Dwellings
Potential for Income
Countryside View
Panoramic View
Private
Garage
Turnkey
Good Condition

Details

Nestling in 64 hectares of glorious land and olive trees are these
2 beautiful stone houses, one dating back to the 14th century, with expansive pool, solarium and sauna, enjoying panoramic views from its elevated location near Piegaro.

Surrounded by forests of oaks, one of these charming properties was an ancient monastic settlement. Now they are divided into six residential units, three of which are three roomed and three two roomed.

The units are furnished in the typical Umbrian-Tuscan style, offering generous spaces and high living comfort, and all have its own entrance, independent heating and outdoor spaces equipped for pleasant outdoor lunches and dinners.

Three apartments have a fireplace in the living area which will make the atmosphere pleasant even in the winter months.

The property includes an 18 x 6m swimming pool with salt chlorination, as well as a solarium and dry sauna for 4/5 people.

The pertaining land totals approximately 64 hectares, part of which are olive groves with 500 trees in full production, part arable land and the remaining part wood.

There is great attention to water recovery and the water system. Above the farm there is a spring from where the water flows into a 10,000 litre tank and then is pumped into the buildings.

There is also an artificial lake that fills with rainwater used to irrigate the lawns. 10 kW photovoltaic system.

A possible and interesting development given the position is the start of a cultivation of truffles through the planting of mycorrhized trees. In the surrounding area Scorzone can be found and it is well suited to this type of cultivation.

There is also an important possibility of expanding the volume of the buildings with approximately 200m2. The property is accessed by 5 km of unpaved road inside the woods, which can be covered in about 15 minutes by car.

It is located on the border with the Unesco Biosphere Reserve of Monte Peglia, a junction point between the natural reserves of northern Italy, Europe and southern Italy.

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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.