A ‘townhouse’ within an early 19th century palazzo situated in a prestigious historic centre in Umbria with caves, large garden and garage, rare in a medieval village. The property is 350 square metres in size with two independent entrances for two/three adjoining very bright and elegantly restored apartments. It is in ‘move in’ condition and is also ideal as a B&B. An enchanting and picturesque view of the small village with the medieval fortress and home to the surrounding countryside of the rolling hills. The energy classification is currently in progress.
This prestigious palazzo is located near the centre in the small historic hilltop town of Ficulle with a garden, in the green heart of Italy, between Tuscany and Umbria. It has aspects of the castle walls that look towards the open countryside and the town which has all the necessary services, and is a typical medieval village situated between Umbria, Lazio and Tuscany. It is only 10 minutes by car from the main motorway and Fabro train station. About 25-30 km away are: Città della Pieve, Orvieto and the Chianti area, renowned for its cooking and excellent wines. In little over an hour and a half you can reach Airports and Cities like Rome, Florence, Perugia, Pisa, Arezzo, Siena, Assisi as well as areas such as Val d’Orcia and Val di Chiana. This is in addition to Lake Trasimeno and Bolsena and there are also the thermal spa resorts like San Casciano and Saturnia.
” Pink House” This ‘townhouse’ covers 350 sqm with two independent entrances. The interior spaces are currently divided into three areas, one of which is already an independent apartment with an entrance on the ground floor. In total there are 9 rooms, one with a fireplace, 2 kitchens and a kitchenette, 4 bathrooms, a garage/storage area, all about 280 sqm in size. The building was completely renovated using only the best quality materials. There is Umbrian fired terracotta flooring, reclaimed/discovered wood and brick, wooden window and door frames as well as wooden doors and wrought iron crafted pieces. The roof has been completely designed and newly rebuilt with a wooden frame. The property has also been designed as a B&B or holiday home that has, in the past, had had active income streams. Below the property, there are spacious and beautiful caves of about 80sqm carved out of the ‘tufo’ rock on which the town rests. There are four vaulted arched rooms which have linked tunnels with each other on three levels. Through one of the tunnel’s, which leads to the town’s old paved street, you will arrive at the base of the wall in front of the garden; which is rare for a historic centre. The caves have been completely renovated with exposed walls, terracotta flooring, and are equipped with electricity, running water, toilet and cellar. These charming characteristic rooms have been turned into an enchanting spa. The property has about 2500 sqm of exclusive land, a terrace with olives producing excellent olive oil as well as fruit trees. Located in front of the property, the caves can be accessed across the road in front of the town walls. In the garden there is a shed/gazebo of about 20 square metres and an outbuilding for tools, with electricity, running water and well to irrigate the vegetable garden and fruit trees. Possibility to purchase only part of the property: ground floor apartment, tavern and caves at € 110.000, and the rest of the property at € 290.000
State of repair:
The property in the prestigious historic centre with land and olive trees – ” Pink House” was the subject of an extensive renovation with excellent quality electric, plumbing etc systems and finishes. Everything has been restored with great attention to detail and respect for traditional materials of the area. There are nice features like the reclaimed vaulted ceilings with exposed wooden beams and terracotta tiles, walls with exposed inserts and enchanting natural caves. The property has been equipped with every comfort and convenience.
All the necessary utilities are present in the palazzo of the historic centre. These include mains water supply as well as an old water well for the garden. The heating is by mains gas with independent boilers which have been recently upgraded. There is also A.D.S.L. (Internet), telephone and electricity.
Land registry details:
The early 19th Palazzo has been classified as pre 1967. The property was recently renovated with building permits granted by the urban town planning department. The property has also been registered with the land registry, at the N.C.E.U. for the relevant municipality.
Ownership Details/Contractual Obligations:
The property which is located in a prestigious historic centre in Umbria is owned by a private individual. Any possible tax advantages will be examined by an expert in that field.
Potential Land Use:
The owners currently use this property in the historic centre, as their second home, but given its size, it has the potential to become not only a spacious and luxurious residence to live and share with family and friends, but also as tourist rental accommodation for a useful income stream. Given it’s the strategic location as well as being well served by amenities, it is convenient for visiting the main towns of Tuscany and Umbria. Thanks to its size and potential division into several units, this is an excellent investment.
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