HelpWorksItalia
Commercial property for sale - Cortona
Price: €730,000
Holiday Investment Opportunity
Reference: HWI-10** Direct sale! **
- 5
- 4
265m² | village | commercial | 5 bedrooms | 4 bathrooms | garden | central heating | log book
{Hover over a thumbnail to view a larger picture}
Internal 2 
East Facade 
Outside seating Facade 
Big Terrace 
Internal 1
For a couple wishing to retire to Italy, but remain active, this newly restored bed and breakfast (registered as a casa vacanze) and also licensed as a restaurant, would be a fabulous investment opportunity and a great way to become involved in a lively, local community.
The property is situated within walking distance of the small village of Teverina, just off the Cortona - Citta’ di Castello road. The area is home to many foreigners as well as native Cortonese, and Italians who have moved from the big cities in order to enjoy a different pace of life amongst the Tuscan hills. A family run restaurant nearby, especially during the summer months, would be welcomed.
The property’s restoration, of a high standard with exposed chestnut beams, new doors and windows in chestnut wood and floors laid in traditional terracotta, was completed in 2000 and consists, on the upper level, of three apartments and on the ground level a restaurant for a total surface area of approx. 265 square meters.
The largest apartment (approx. 60 sqmts) consists of two bedrooms, one bathroom, a large open plan living room/dining room/kitchen area divided by a brick arch and a good sized terrace for eating al fresco.
The second apartment has two bedrooms, one bathroom, a living room and again, a small terrace.
The third apartment has one bedroom, one bathroom, kitchen/living area and as with the other two apartments, its own terrace.
All three apartments are independent of one another with regard to all utilities: gas central heating, water and electricity.
The entire ground floor - which could be converted into another apartment if one wished - is currently the restaurant and consists of a kitchen (built and fitted out to the required norms), a large, light and pretty dining room with room for approx. 12 tables seating four with a corner bar and fireplace, a bathroom (again built to necessary requirements) and a store room/linen cupboard.
The surrounding land is approx. 1750 square metres which would be easy to look after and there are endless views out over the neighbouring hillsides.
There is a covered seating area for guests to eat ‘al fresco’ during the summer months, a barbeque and also various store sheds.
Teverina has a small bar/grocer’s shop, a garage, a football pitch and a community centre which organises endless ‘festas’ during the warmer months. Any excuse for a festa would seem to be a good one, given that the chick pea, the chestnut, the porcino mushroom and even the local foreign residents are ‘festeggiati’ each year.
The property is 18 kms (25 mins) from the hilltop town of Cortona which again is a mix and match of both foreigners and Italians, giving the town a cosmopolitan air that makes living in the area both interesting and dynamic.
The new town of Camucia, below Cortona, has a mainline train station (Rome-Florence-Milan) and good access to all major motorways. Perugia airport is approximately 40 mins away, Forli 1hr 20 mins, Florence 2 hrs, Pisa 2½ and Rome 2½.
NB: In order to run a restaurant there are certain EU requirements with regard to health and hygiene which necessitate one attending an appropriate course and gaining the necessary certification. This course can be done in your country of origin as long as the certificate is translated into Italian, authenticated by the relevant authorities and deposited here in Italy with the Chamber of Commerce.
Price: €730,000 inclusive of restaurant license and all furniture and equipment OR
€ 650,000 for the property alone.
There is currently a Log Book control in process on this property.
Contact Giuseppina Bastianini
Please complete the form below, ensuring you include your name, telephone number and/or email address, and we will reply as soon as possible.
Please post your completed form to:
HelpWorksItalia
Piazza Sandro Pertini 4
Camucia di Cortona 52042 (AR)
Italy
Tel: 0039 0575 606059 or 0039 347 197 0512.
or fax it to us on 0039 0575 605597.
Disclaimer
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- HWI is not responsible for any agreement - verbal or written - that you as a potential purchaser might voluntarily enter into with a property owner/estate agency. By signing an agreement with a property owner/estate agency you and the property owner/estate agency are entering into a binding, mutual contract and therefore we advise both parties to read, understand and accept any conditions therein with the utmost care.
- HWI's Log Book Certificate is a confirmation that the description and facts supplied by the owner/estate agency and displayed in his/her advertisement are accurate and that the property, as far as a surveyor can be held professionally responsible, is ready for sale. You, as the potential purchaser agree and accept that HWI is not responsible for the accuracy of the Log Book in that its contents are the sole responsibility of the qualified surveyor and the property owner/estate agency and you agree that any claims or expenses arising from any eventual dispute in the matter will be taken up with the property owner and/or surveyor who are the responsible parties.
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