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Cortona, Arezzo, Tuscany, Italy

Guide Price
€300,000
Cortona International, Cortona
PROPERTY TYPE
Farm House
BEDROOMS
×2
BATHROOMS
×1
SIZE
2,368 sq. ft.
(220 sq. m.)

Key features

  • REALLY LOVELY CLASSIC FARMHOUSE
  • HAS ENORMOUS POTENTIAL
  • IMMEDIATELY HABITABLE FIRST FLOOR
  • GROUND FLOOR AND TOWER TO RENOVATE
  • SOUTH FACING
  • HILLSIDE POSITION
  • 1 HECTARE OF LAND
  • 2 KMS TO NEAREST VILLAGE
  • 1 HOUR FROM PERUGIA AIRPORT
  • EXCELLENT VALUE FOR MONEY!

Property description

Free standing properties with no immediate neighbours are few and far between these days, but this beautiful stone farmhouse (circa 220 sqm), standing in one hectare of land (approx. 2.5 acres) nestled on a hillside near to Mercatale di Cortona is an idyllic location for bringing family or friends together for long and lazy holidays in blissful privacy.

At E.300,000 the property has great potential and is a good buy: the first floor is immediately habitable (in a very basic manner; clean, tidy and well maintained, but restored over 30 years ago) with 2 bedrooms, a bathroom, a kitchen and living room. The ground floor and ex-tobacco drying tower are to renovate and could be done equally simply, providing further bedrooms and bathrooms. A pool would be permissible and there is a beautiful traditional pizza oven, ideal for cooking up roasts (or pizzas!) for large numbers.

The access road is long and gravelled, but in excellent condition. Electricity is attached, water is supplied from a spring for which there is an established right of use, with a wood stove and LPG gas used for heating.

The quaint town of Mercatale is at 8 mins, the village of Lisciano Niccone at 10 kms, Umbertide at 25 kms, Lake Trasimeno 25 kms, Cortona 32 kms.

Perugia airport is just 1 hour away, Florence 2 hours, Rome 2 hours.

If you're aiming to buy a small holding in Tuscany, this could be considered the perfect property, at the perfect price; something immediately habitable and to enjoy which can slowly be improved over the years.

Definitely worth viewing!

Annual council tax (Imu) - circa Euro 400 per annum
Purchase taxes (as non-resident) - Euro 6.000
Notary fees - Euro 4.000

THE UNIQUENESS OF CORTONA

Each year, visitors arrive in Cortona and are enchanted by its beauty, its vibrancy and its eclectic mix of both Italian and international residents.

It must be one of Tuscany's most unique hilltop towns: It sits on a hillside dominating the vast expanse of the Valdichiana and enjoys spectacular views over the plains towards Montepulciano and Lake Trasimeno.

It dates back to the Etruscans and is rich in history. The Romans and the Medici family both fought to have and retain this special hilltop citadel and in their turn, greatly influenced and contributed to its architecture and its development. Its star shone throughout the Middle Ages and the Renaissance; as such there are treasures to be found throughout the town.

It is one of the largest municipalities in Tuscany with 25,000 habitants, 2500 of whom live within the ancient walls of the town, and the remainder in the outlying countryside.

It has an excellent infrastructure with two main line rail stations (Rome-Florence-Milan) and access to all major motorways. Perugia airport is 40 minutes away, Florence 1hr 30 minutes, Pisa, Bologna and Rome approx. 2 hrs.

Perhaps not so strangely, Cortona has a very high percentage of return visitors, many of whom have bought property and all of whom cite the same mantra - 'Cortona has something special'.

Maybe this is because of its rich cultural season of theatre, literary recitals, art shows, photographic exhibitions and music festivals, with many events based on the culture of 'slow food' gastronomy combined with fine wines (many of which are local and acclaimed worldwide - Avignonesi, Baracchi, Vegni).

Maybe it is because its numerous restaurants offer fine dining together with prestigious Italian wines: Osteria del Teatro, La Locanda nel Loggiato, AD Braceria, Trattoria Dardano, Ambrosia and La Bottega Baracchi (to name just a few).

Or maybe its because of its vicinity to the best of what Tuscany and Umbria has to offer - Montepulciano, Pienza, Montalcino, Val d'Orcia, Florence, Gubbio, Perugia, Assisi, Spoleto, Spello etc...are all within a radius of 90 minutes or less. The Maremma and its beautiful coastal towns such as Punta Ala and Castiglione della Pescaia are less than a two hour drive.

More probably it is because Cortona has intelligently embraced the challenge of modern times. Unlike so many ancient Italian towns destroyed by mass tourism and/or unchecked building regulations, Cortona has not compromised its authenticity, even in the aftermath of Under the Tuscan Sun, the famous book made into a film by Cortona's resident writer, Frances Mayes. It has managed instead to carve itself a unique niche in the wider world and as any visitor to the town will attest, it has a vitality and sense of purpose that sweeps you off your feet and grabs at the heart strings.

Cortona International looks forward to introducing you to the area: to the majestic and cosmopolitan town itself, but also its surrounding countryside which ranges from rural and peaceful mountainside, to classic hillside and to cultivated farmland areas, all of which abounds with olive groves, vineyards and spellbinding views.

By specialising in this small niche of Tuscany, not only does Cortona International ensure a trouble-free purchase, but we are also able to offer a host of post purchase services which allow us to take care of your interests from the day you buy until the day you may choose to sell.

ABOUT CORTONA INTERNATIONAL

In a unique collaboration, Cortona International, offers its clients a team of English speaking professionals whose individual strengths provide specialist knowledge in all aspects of buying or selling a property. We also offer a post-purchase property and rental management service for international buyers who may be absent for part of the year.

SURVEYS
We do our UTMOST to do pre-marketing checks on our properties in order to ascertain their compliance status.
This does not necessarily mean they are compliant (many owners are resistant to regularising their properties until they have a firm offer), but it does mean we have a complete picture for you, know what the owner must do in order to obtain compliance and the timelines in which this can be done.
A survey of your own should confirm our findings.

CONVEYANCING
We work together with the registered Italian notary regarding the preparation and drawing up of all and any contracts.
English translations and/or an interpreter are provided.
All money deposits are held in escrow by the notary until completion.

VIEWINGS
We collaborate with international and local agencies in the area and can organise and accompany you on viewings of properties also listed by them. This is done on a split commission basis and at no extra cost to you.

DOCUMENTATION
We will supply you with all paperwork pertaining to a property when you view it.
We will also calculate all costs relative to the purchase (notary fees, purchase taxes etc...), future council taxes and overheads and, in advance of any commitment to a purchase, complete estimates for any works which might need to be undertaken.

POST-PURCHASE SERVICES
We offer, together with our professional associates, a full range of post-acquisition services: General caretaking & maintenance; organisation of projects, permissions & renovations/small building works and a rental management service for people wishing to rent out their properties.

The agency is registered at the Chamber of Commerce in Arezzo and has been a member of FIAIP (Federation of Professional Italian Estate Agents) since 1997.

Cortona, Arezzo, Tuscany, Italy

NEAREST AIRPORTS

Distances are straight line measurements
  • Florence(International)
    59.5 miles
  • Galileo(International)
    90.6 miles
  • Borgo Panigale(International)
    97.8 miles
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About the agent

Cortona International, Cortona

Branch office: Via Nazionale 73, Cortona Head office: Piazzale Europa 5, Arezzo 52044

About Cortona International

If you don’t yet know the wonderful town of Cortona in the heart of Tuscany which dates back to the Etruscans, we look forward to introducing you to the area: to the majestic and cosmopolitan town itself, but also its surrounding countryside which ranges from rural and peaceful mountainside, to classic hillside and to cultivated farmland areas, all of which abounds with olive groves, vineyards and spellbinding views.

In a unique collaboration, Cortona I

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Cortona International, Cortona (reference Ci331) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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