By , 5000 m²

Pratovecchio Stia, Arezzo (provins)

The village: the existence of a complete and original medieval village for sale not far from Florence is a unique development opportunity. The village is made of 25/30 dwellings, many of which are overgrown by thick vegetation. The village would be an ideal project for Hotel village, Club hotel, Spa hotel or Cultural centre for schools or conventions, place of retreat for religious communities or International home for the elderly or Holiday cottages, or alternatively independent lots could be created and sold individually. The current area of the village is about 5,000 sq m (50,000 sq ft of constructions) will get a development permit. The ground of the whole property amounts to approximately 9 hectares (24,183 Acres, about 90.000 sq ft).

Location : The medieval Village - The Location -Distances – Forty minutes from Florence and located deep in the heart of Tuscany, an exceptionally, potential attractive farm property of agritourism is for sale. It is located in that part of the Appennine Mountains which is rich in important historical sites, such as The Castles of Poppi, Romena and Porciano; as well as the Monasteries of La Verna, Camaldoli and Vallombrosa. The maximum distance from the farm to any of these locations is Km. 15-30. Furthermore, this property is conveniently near the major artistic and cultural centers of Florence, Arezzo, Bologna, Perugia, Assisi and others. 1) Camaldoli Hermitage constructed at 1,104 meters of altitude in 1012 by St. Romualdo. In the XV Century it was an important centre of humanistic studies promoted by Lorenzo The Magnificent. now, it is an important laboratory for the restoration of antique books. 2) La Verna Convent founded by St. Francesco in the XIII Century with the annexed Church of the Angels, which has the grotto in which the saint received the stigmata. 3)Poppi Castle of The Counts Guidi of the XIII Century. 4)Vallombrosa: important Benedectine Abbey constructed in the XI Century and noted also for the magnificient forest that surrounds it.
Distances from the most important cities: Florence 45 Km, Arezzo 55 km, Siena 90 Km, Lucca 90 Km, Rimini 100 Km, Perugia 130 Km, Assisi 150 Km, Bologna 150 Km, Rome 280 Km, Milan 300 Km.

The medieval Village - The picturesque medieval village is approximately situated 850 meters above the level of the sea. The village could be adapted to various solutions. It could be used, for example, as a beauty spa, which would be a vacation centre for health and beauty, or into a logistic centre for agritourism, or as a cultural centre for schools or conventions, or as a place of retreat for religious communities. The buildings are constructed entirely of stone and typologically resemble the plans of the rural houses of The Casentino Mountains. Around the piazza a series of agricultural constructions and annexes had been developed (25/30), which comprise an area of approximately 9000 square meters. Now, because of abandonment, all constructions are covered by thick vegetation.

Surrounding area -  The farm property is in the centre of the most attractive natural reserve in Tuscany and borders on newly established National Park of Tosco-Emiliano. This park includes scenic Mount Falterona, which houses the source of the beautiful river Arno. This territory contains some of the most breath-taking spots in all of Italy.
Services: Well-drawn water, mains electricity nearby.

Viewing: Strictly by appointment. Mobile:+39 338 4435402 - Tel.: +39 0574 606886
Our personal opinion: A truly unique property with great potential for a commercial project in a very peaceful location in the heart of Tuscany. A once-in-a-lifetime opportunity.

VERY IMPORTANT NOTE. The village for its renovation/reconstruction has the opportunity to benefit from the SUPERBONUS 110% because, with D.L. 34/2020, converted into Law 77/2020, the Italian State has provided for a large tax relief under the "Decreto Rilancio" that allows a 110% deduction (for expenses incurred from 1st July 2020 to 31st December 2023) in the context of specific building interventions aimed at optimising and restoring all properties to increase their housing/reconstruction quality in order to improve energy efficiency as well as to reduce the seismic risk including the installation of photovoltaic systems. Compared to the provisions already in force, there are also other important innovations:
- you are able to take advantage of the tax bonus by transferring the credit and tax to banks and other financial intermediaries
- a discount on the invoice from the supplier of goods and services relating to the subsidised interventions
- you can receive cash through the transfer of the tax credit generated by the renovation and redevelopment works and, if you need it, you can ask for financial support to carry out the various types of interventions.

Other deductible expenses
In addition to the expenses incurred in carrying out the work, for the purposes of the deduction should also be considered other expenses such as those for the design and other related professional services (such as those for the preparation of energy certification), those relating to the purchase of materials and for the conduct of surveys and inspections, expenses for the implementation of electrical systems, etc..

Which building renovation works are deductible?
A building renovation is a work that transforms the property, resulting in a building that is wholly or partly different from the original one, provided that the same volume and surface area as the pre-existing one are maintained.