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Real estate and land for sale in Umbria, Italy

EUR €500,000 €1,500,000 for the unrestored site, or various units from €500,000 each fully restored

This collection of houses in the Umbrian countryside lies just outside the Tuscan town of Cortona ... superb vacation development potential

  • Land: 40,000 square metres
  • Extra land: may be negotiated
  • Road: adequate
  • Water: yes
  • Electricity: yes
  • Drainage: sump
  • Size: 1200 square metres

This wonderful property for sale in Umbria is the culmination of several hundred years of endeavour by local farming families to create a habitable and defensible position for themselves and their animals.

The buildings, which cling to naturally occurring outcrops of rock, are built in the typical country style onto, above, below and beside their neighbours, giving, from a short distance, a delightful juxtaposition of roof levels and lines.

Because of the proximity to the internationally known Etruscan centre of Cortona, in Tuscany, the property would lend itself for use as holiday accommodation either for those seeking spiritual retreat or those wishing to immerse themselves in the artistic and architectural ambience of the surrounding area. The grounds include walnut and fig trees, blackberries and grapes as well as a natural spring.

Building on this site was started in the late eleventh century and it is probable that these structures have grown out of the ruins of the Palazzo di Ruffignano, destroyed by fire in 1409 during one of the wars between Florence and Milan.

The properties are to be fully restored and will be brought up to the highest northern European standards. The final finish, fixtures and decoration will be of excellent quality and prices will include, externally, landscaping, car parking areas, tennis court and swimming pools. A management company will be appointed to take on the maintenance of the communal landscaping, car parking areas, tennis court and swimming pools and access to 40,000 square metres of parkland.

The value of the site when finished will be in the region of € 6,000,000.

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