Historical Farmhouse for sale with countryside view in Florence, Tuscany

3,950,000 EUR 3,397,000 GBP 4,266,000 USD

Reference: 224581

Floor Size: 900 m2
Plot Size: 30 hectares / 74.13 acres

Features

Terrace
Fruit Trees
Vineyard or Wine Making
Possible Extra Dwellings
Potential for Income
Countryside View
Private
Parking
Good Condition

Details

Unique opportunity to acquire a historical country estate comprising
a beautiful and traditional style Leopoldina Manor House, a 4 bedroom villa, a castle style farmhouse with 6 apartments, a wine cellar and small restaurant, all on 30 hectares of vineyards, olive groves and forest near Florence.

This Wine estate and working farm is situated in a sought after location neighbouring one of Italy's most famous vineyards.in the countryside surrounding the city of Florence.

This 30 hectare property is of a size that makes it feasible for both private or commercial interest.

The Manor House Built in 1779, the estate's principle property is described architecturally as a 'Leopoldina', which is a rare and sought after style considered by many to be the quintessential Tuscan property.

The symmetrical arches, open loggia and central tower give the property masses of character and an 'old world' charm. The house offers approximately 900 m2 of floor space spread over three floors. The first and second floors are currently divided into two habitable areas with multiple access points.

The first main area which incorporates the tower offers 3 bedrooms, 3 bathrooms, living room and kitchen whilst the secondary area offers a further 2 bedrooms and 2 bathrooms. The secondary area is in need of refurbishment. Both areas could easily be connected to create one large living space.

The ground and lower floors also offer habitable space and a 2 bedroom/2 bathroom apt has been partially restored. Planning permission pending.

There is also a small cantina/wine cellar under the property.

Despite the impressive crenelations giving the appearance of a castle, this property situated at the edge of the estate is actually a farmhouse. Currently comprising of 6 apartments and used as an 'agriturismo' ( farmhouse holidays) in conjunction with the restaurant.

The villa sits in a private and secluded area of the estate and offers potential as a guest house or rental property. Offering approximately
300 m2 of space comprising 4 bedrooms, kitchen, living room, dining area, and billiard room. Surrounded by a large panoramic terrace which may be accessed from most of the ground floor rooms.

The restaurant is not large enough in our opinion to appeal to independent commercial interest, but it is definitely an appealing service to offer to guests of the estate. Currently used only for private events and cooking classes.

The Wine cellar is sufficiently equipped to deal with the yield of the estate.

The Grounds & Estate span a total of 30Ha which comprises 5ha of vineyard ( 1.5 working, 3.5 ha right to plant ), and approximately 15ha of oil producing olive groves. The remainder of the land is forest.

The estate is located approximately 25 minutes from the city of Florence in the hills East of the city.

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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.