Fivizzano, Lunigiana, Tuscany, Italy

Positioned within the historic centre of Fivizzano, overlooking Piazza Marzocco, this substantial palazzo occupies a central and highly visible position within one of Lunigiana's most established and sought-after market towns.
Fivizzano is recognised for its architectural integrity, cultural activity and consistent demand, supporting long-term value growth and increasing interest in high-quality redevelopment projects.
The building extends to approximately 420 sqm across three principal levels, complemented by cellar spaces and ancillary volumes, forming a large and articulated internal structure.
The current configuration comprises approximately 25 rooms, including bedrooms, bathrooms and service areas. This reflects the historic organisation of the property while providing a flexible base for redistribution and repositioning.
The lower-ground level includes a series of cellar spaces, offering strong potential for conversion into food and wine environments, leisure areas or service functions.
At ground floor level, multiple access points and internal divisions allow for a range of configurations, including mixed-use concepts combining residential, hospitality and commercial elements.
The upper floors provide a sequence of rooms with varying proportions and orientations, supporting subdivision into independent residential units, guest accommodation or a single large residence.
The property requires full renovation and is therefore positioned as a complete redevelopment project.
Its scale, central location and typology support a range of development strategies, including boutique hospitality schemes, multi-unit residential conversion or hybrid live-work concepts.
A key opportunity lies in the potential creation of a roof terrace, introducing an elevated outdoor space and a defining architectural feature within the historic context. Additional possibilities include the integration of a private courtyard at street level and the implementation of a time-share or fractional ownership model.
The property is located approximately 30 metres from Piazza Medicea and also engages with a secondary historic square with a central garden, offering a quieter yet equally distinctive setting.
Within this context, the building represents one of the notable historic palazzos in the town, offering a clear opportunity for repositioning within a market demonstrating sustained demand and progressive value growth.
Feasibility studies, spatial development scenarios and preliminary cost guidance are available, enabling a structured and informed approach to the transformation of the property.