Farm in Tuscany

Montepulciano, 85, Italy

For Sale

€860,000

REF: 885472 €860,000


3

Description

This intriguing winery business is located just a short distance from Montepulciano and includes a countryside farmhouse of approximately 300 sqm spread over three levels as follows: Ground Floor: Features a living room with kitchen, two spacious bedrooms (one with en-suite bathroom and the other with a walk-in closet), an additional bathroom with a bathtub, and a small storage room.

This floor also houses a laundry and storage area that can only be accessed from the outside. First Floor: Contains a dining room with kitchen and large window leading to a terrace, a large living area with external access, and three bedrooms. There is also an attic space. Basement: Accessible only from the outside, it consists of a large room used as a wine cellar.

The winery also includes two outbuildings: one of about 80 sqm in rough condition intended for equipment storage, a 30 sqm structure for animals, and a detached barn of about 35 sqm in a state of disrepair. The property is completed by 5,244 sqm of garden with an olive grove of approximately 95 trees and 4.7 hectares of vineyard producing Vino Nobile di Montepulciano, Rosso di Montepulciano, Chianti, and IGT Toscano wines.

Additionally, there is the option to request a takeover of the lease for adjacent vineyards (18,500 sqm). The house has all necessary utilities. Heating is provided by a GPL system and pellet stove, while water supply is from the municipal aqueduct. Irrigation for the garden and orchard is through a private well.The ground floor of the property was renovated in the 2000s, while the first floor requires some modernization work.The winery can continue its wine production, and with some restoration, the countryside house could be transformed into a hospitality facility, thanks to its beautiful location and proximity to the renowned town of Montepulciano.The property is just ten minutes from Montepulciano.

Other easily accessible destinations include Torrita di Siena (5 km), Pienza (20 km), Monticchiello (20 km), and Cortona (30 km). The nearest airports are Perugia and Florence, about 1.5 hours by car. The A1 motorway exit is very close.The Great Estate group on each property acquired carries out, through the seller client's technician, a technical due diligence that allows us to know in detail the urban and cadastral situation of each property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of a natural person.
This intriguing winery business is located just a short distance from Montepulciano and includes a countryside farmhouse of approximately 300 sqm spread over three levels as follows: Ground Floor: Features a living room with kitchen, two spacious bedrooms (one with en-suite bathroom and the other with a walk-in closet), an additional bathroom with a bathtub, and a small storage room.

This floor also houses a laundry and storage area that can only be accessed from the outside. First Floor: Contains a dining room with kitchen and large window leading to a terrace, a large living area with external access, and three bedrooms. There is also an attic space. Basement: Accessible only from the outside, it consists of a large room used as a wine cellar.

The winery also includes two outbuildings: one of about 80 sqm in rough condition intended for equipment storage, a 30 sqm structure for animals, and a detached barn of about 35 sqm in a state of disrepair. The property is completed by 5,244 sqm of garden with an olive grove of approximately 95 trees and 4.7 hectares of vineyard producing Vino Nobile di Montepulciano, Rosso di Montepulciano, Chianti, and IGT Toscano wines.

Additionally, there is the option to request a takeover of the lease for adjacent vineyards (18,500 sqm). The house has all necessary utilities. Heating is provided by a GPL system and pellet stove, while water supply is from the municipal aqueduct. Irrigation for the garden and orchard is through a private well.The ground floor of the property was renovated in the 2000s, while the first floor requires some modernization work.The winery can continue its wine production, and with some restoration, the countryside house could be transformed into a hospitality facility, thanks to its beautiful location and proximity to the renowned town of Montepulciano.The property is just ten minutes from Montepulciano.

Other easily accessible destinations include Torrita di Siena (5 km), Pienza (20 km), Monticchiello (20 km), and Cortona (30 km). The nearest airports are Perugia and Florence, about 1.5 hours by car. The A1 motorway exit is very close.The Great Estate group on each property acquired carries out, through the seller client's technician, a technical due diligence that allows us to know in detail the urban and cadastral situation of each property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of a natural person.
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Property on Map

#8955

Currency Exchange

Montepulciano, 85, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £712,347 £739,127 £26,780
Property Price € €860,000
Minimum cost in the last six months £712,347
Maximum cost in the last six months £739,127
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,780

Montepulciano, 85, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £712,347 £739,127 £26,780
Property Price € €860,000
Minimum cost in the last six months £712,347
Maximum cost in the last six months £739,127
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,780

The exchange rate on the day you make an offer on your property in Italy will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £26,780 more.

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