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Available - € 250,000 (Click here for a currency convertor)

PRICE REDUCED! Tuscan borgo - with four separate properties to renovate

Ref: RTZ 0826

Location: Pescaglia valley
Property: approx 1,000 sqm
Land: approx. 2.5 hectares
Bedrooms: 20
Bathrooms: 20

Space to build pool
Renovation property
Panoramic views
Investment potential
Garden / Land

•  Under 30 minutes drive to Lucca
•  Space for pool, tennis court or stables
•  Fantastic value, with huge potential - offers considered!


click here to view more photos »

Download - casa padronale - first floor.jpg
Download - casa padronale - ground floor.jpg
Download - contadino - ground floor.jpg
Download - contadino - first floor.jpg
Download - contadino - second floor.jpg
Download - limonaio - ground floor.jpg
Download - limonaio - first floor.jpg
Download - general plan.jpg
Download - Land map RTZ 0826.jpg
Full Details

An exceptional development prospect in the Pescaglia valley, Tuscany.  Represents an excellent opportunity to create a high quality holiday complex or for a group of friends to renovate together.

The existing four separate buildings are dilapidated, totalling approximately 1,000 sqm. 
Three of the buildings are quite near together, around a courtyard.  The fourth is slightly further away.

The land is approximately 2.5 hectares in total. 
There is a flat area near the river, suitable for a parking area, tennis court or stables.
A swimming pool could be installed either near the buildings or on the shelf of land above the buildings.

There is approximately half a hectare of land slighlty away from the main property.

The comune of Pescaglia will welcome and support the request to  renovate and expand this historic farm complex in a relevant Tuscan style. 

The attached plans show only three of the buildings, the fourth house is slightly further away from the other three.

Potential for about 10 apartments of one, two and three bedrooms, most could have ensuite bathroom facilities.

Infrastructure could include a large swimming pool (the local council has indicated that they would give permission for a pool up to 120 sqm), tennis court, a children's play park, stables and a communal sauna and jacuzzi facilities.

A lot of property for a great price!

Currently access is across a small stream

1 km Piegaio - nearest shops, restaurant, bars
20 km Bagni di Lucca (thermal spa)
23 km Lucca
30 km Viareggio (beach)
45 km Pisa airport
56 km Abetone (skiing)
92 km Florence

Please note that any utility services, heating system or appliances have not been tested and no warranty can be given or implied as to their working order.

#renovationtuscany  #investmentprojectnearlucca

Additional costs 

 1)        Agency charges amount to a minimum of € 1,500, otherwise up to 3% of purchase price (see our SERVICES page for a full description of the assistance we provide)

2)        Investigation of existing ownership and boundaries of a property, normally carried out by a geometra, generally costs from € 750 plus, as a rule, 1% of the purchase price

 3)        Notary fees are based on the declared value for tax purposes. There is no published tariff but experience points to about 3% on lower value properties, perhaps 2% on higher value

 Please note that all professional fees are subject to IVA (Italian purchase tax)

4)        Land registry + Government taxes:

a) 1st home, Italian resident: € 336 + 2% of declared value

b) 2nd home, or non-resident: 9% of declared value

c) agricultural land: 18% of declared value

 Declared values are determined by the notary at the time of the ‘rogito’ (final contract). Villatua recommends all prospective purchasers to seek advice on likely tax obligations, as individual circumstances may alter the amount significantly

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