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Hotel for sale in Sinalunga, Italy, 1500 m²

Hotel for sale in Sinalunga, Italy, 1500 m² - photo 1
Hotel for sale in Sinalunga, Italy, 1500 m² - photo 2
Hotel for sale in Sinalunga, Italy, 1500 m² - photo 3
Hotel for sale in Sinalunga, Italy, 1500 m² - photo 4
Price€3,300,000
TypeHotel
Covered area1500 m²
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Description

The current mini-hotel with an area of 1500 sq. m., in the city of Sinalunga (Sinalunga), Tuscany. The main house was carefully restored, while retaining its original style typical of Tuscan country houses. The property consists of three buildings: the main house with restaurant and 9 apartments, outbuilding and outbuilding with two apartments and is currently under restoration. Thus, the total area of buildings in the estate is 1500 sq. m. of which 1000 sq. m. fully restored. There is permission to build additional 8 apartments. Land area of 1.5 hectares. There is a possibility of building a pool. The hotel complex is superbly organized water supply. The estate is surrounded by nature, this is the perfect place to stay, the house is located close to places of historic and cultural interest. Nearby are thermal springs. The estate is within walking distance from the town of Bettolle, which has all the necessary infrastructure, and 2 minutes from exit Valdichiana (Valdichiana) with convenient connections to Rome (airport Fiumicino - 1.5 hours) and Perugia (direct flights to London and a mini-airport for private jets – 40 minutes). Existing business with loyal customer base. At the moment the owner focuses on working with the Asian market (Japan).

Extra Сosts when Buying Property

Notary fees, of the declared price 2.5 - 4%
PURCHASES FROM A COMPANY
*dwellings sold within five years of completion of construction or restoration.
Registration fee from €200
Mortgage tax from €200
Cadastral tax from €200
VAT:
- for first-home resident buyers 4%
- for second-home and non-resident buyers 10%
- on luxury homes 22%
IN OTHER CASES
Registry Tax, of the declared value 3-7%
Registration fee from €50
Mortgage tax from €50
Cadastral tax from €50

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Ongoing Ownership Costs

Water supply €15-20 /month
Electricity (in condominium) €0,2-0,3 kw/h
Property tax, on the cadastral value 0,4-0,7%

Additional Services Costs

Real Estate Agent’s Fee 1.5%-4% +22%VAT
Legal fees 1-2%

Return on Investment

Property Price
Rental Cost
0%
Company Representatives
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