About the property

This farmhouse, although in need of complete restoration, has great potential and enjoys a prime location with breathtaking views of the Val d’Orcia an area of considerable beauty. The original farmhouse and buildings later added have a total surface area of 600sqm. A skillful restoration is necessary in order to harmonise the various buildings .The property is sold with 1,3 hectares of land with the possibility of adding more.Repair StateThe property is in need of complete restoration. Reconstruction of this kind costs approx. 1000 - 1500€ per sqm depending on the kind of material chosen.AmenitiesThe property has a well and can be connected to mains water and electricity. The nearest connection point being a neighbouring farmhouse.Land Registry DetailsThe property is registered as a rural building ( farmland with an agricultural building on it ). It will be necessary to pay the urbanisation taxes and register it with the urban land registry.Ownership DetailsThe property being sold is owned by a person and there will be a purchase tax payable, levied at 10% of the cadastral value of the property. However, if the purchaser will be taking official residency in the property within 18 months from the signing of the deed of sale, the taxes are reduced from 10% to 3%. Land is taxed at 18% of the declared price.Potential Land UseThe property has great potential. It may be transformed into an exclusive, private, holiday residence and is also suitable for the creation of apartments which could be used as holiday lets..LocationThe Val d’Orcia, a UNESCO world heritage site, is one of the most desirable locations in Italy due to the unique landscape. Many charming, medieval and renaissance villages are within easy reach of the property. The house is approx.25km from the motorway exit of Chiusi-Chianciano.