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Property for Sale in Umbria, Terni, Terni. 0895929

€ 550.000
Montecchio, ,
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Umbrian Farmhouse for sale – “Podere Panolfo”

Evocative farmhouse for sale in Umbria, located in a pristine and beautifully scenic area, between the towns of Baschi and Montecchio. The residential building and outbuildings, in adherence, cover a total of 490 square meters; yet it does requires a complete renovation.
The estate comprises 38 hectares of land, with 2500 olive trees, 10 hectares of woods for timber, 6 ha of arable land and the rest woodland and pasture.
Unique location, just over 1 hour drive from Rome.

This valuable farmhouse for sale is located in panoramic location, a short distance (5 km) from the town of Montecchio, with approximately 2.5 km of gravel road; the last section, a little less than 1 km, is a local road, all in very good condition.
Montecchio is a pleasant country town that retains the character of a medieval village. Baschi is found at 6 km and the exit from the A1 motorway of Orvieto at 15 km.
The property is easily accessible by car or train, given the proximity of the A1 exit of Orvieto and the railway station of Orvieto.
The centre of Rome is 130 km.

“Podere Panolfo” is a traditional and characteristic farm for sale in Umbria, located in a pristine and scenic area between the towns of Baschi and Montecchio.
The property covers a total of about 38 hectares of land, in one body, though cut in two by the local road, which however ends at the property itself.
On circa 10 ha there have been planted trees for timber (ash, walnut, cherry), with a reforestation program that will expire in 2019.
7 hectares have been dedicated to olive grove, with about 2,500 olive trees, about 6 are arable land, 0.3 ha of vineyards (to be restored) and the remaining is woodland and pasture.
The dwelling is located approximately in the middle of its own grounds; it consists of a stone façade and brick structure on 2 levels, of an uncertain age and altered several times over the course of the years.
The interior is currently divided into two independent units plus ancillary rooms: the first residential unit, on two levels, consists of living room with fireplace, kitchen, bathroom on the ground floor, and two bedrooms on the second floor. The second unit, also on two levels, has a living room with fireplace, kitchen, bathroom on the ground floor and two bedrooms second floor.
On the ground floor there is also a large rectangular warehouse, which could easily be combined with one of the two apartments, a roof shed on the west, stables and a shed for the tractor. Included in the sale is farm machinery (caterpillar tractor 70 hp at 1300 h, milling cutter, extirpator/grubber, and plows.
About 12,000 euro per year are perceived from PAC contributions and reforestation.

State of repair
The land is currently fallow.
The main dwelling shows important cracks, probably caused by small movements in the foundations; given these the farmhouse is in need of a complete renovation, that focuses on the foundations possibly adding micro piles, the roof, which has some leaks, the electrical system and the water-heating, painting and flooring, and lastlythe restoration of the windows with the addition of double glazing.
The last effort in consolidation has been recently carried out, with the strengthening of the external walls, of part of the property; the roof, the floors and all finishes date back to 1974/75.
The roof is covered by a blanket of old tiles; there is a sheath present but not the insulation.

The heating system of the building is electric convectors.
The electrical system is present but not up to code.
The water supply is guaranteed by waterworks; There is also a private source on the downstream portion of the property, with pipelines to restore.

Land registry details
The building is duly recorded with the Building Register of Montecchio.
Urban situation is fine; certificates were released in 1976.

Data ownership and constraints
The building is owned by individuals, the sale is subject to tax on properties equal to 9% of the revalued cadastral valued (2% in the case of the first house) and 12% on land, except tax benefits for IAP.

Potential Property Use
This prestigious estate for sale in Umbria, once restored and brought back to full functionality, can become a truly exclusive property given its astounding location, landscape and agricultural potential; until a few years ago, the oil produced in the company had a very high approval rating and was completely sold out.

Please note that, to protect the privacy of the owners, the GPS point marked on the map is only approximate. Please contact us for precise information on this property or others in our extensive database.

Address: Montecchio
Country: Italy
Property Id : 75693
Price: € 550.000
Property Size: 490 m2
Bedrooms: 2
Bathrooms: 4
Agent-property-title: Farm: Podere Panolfo
Agent-property-id: s493

(please note, this may not be the properties exact location due to security reasons)

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Stefano Calafà

Via dei Colli International Real Estate
+39 075 6079230

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