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House 2500 м² in Florence, Italy

15 106 691 $

6 042 $ /м²

4OV5C
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Area

2500 м2

Bedrooms

20

Bathrooms

20

Palace for sale, Via Cavour 10, Florence, Tuscany.

Prestigious Renaissance palace for sale, strategically located in the heart of Florence, with panoramic loggia and breathtaking views of the most beautiful monuments and hills of the city. The impressive building from the sixteenth century has a total area of 2,500 square meters and is spread over 4 levels, which can be reached by means of a convenient elevator. Over the centuries, this historic building has hosted great people from the oldest and most famous families of Florence, who have contributed to improving and keeping the palace in immaculate condition, commissioning the most famous artists of the time to decorate it. The impressive statue of Diana the Huntress, located in the entrance hall, is one of the most important works and is a characteristic element of the Renaissance architectural style. Exquisite late Baroque frescoes decorate the rooms on the first floor and the apartments on the noble floor. The property is characterized by bright and conveniently located rooms. The building currently consists of commercial premises on the first floor with a lovely courtyard, a boutique hotel on the first floor and residential units on the upper floors. The first floor is accessed through a grand entrance hall with loggia, which unites the various commercial units on the floor with a total area of about 360 square meters. The noble floor of about 550 square meters, also accessible by elevator, is fully frescoed and has high ceilings, used as guest accommodation. The second and third floors are currently used as living quarters and guest accommodation, totaling about 600 square meters. One of the apartments on the second floor is located on the steps and serves also the third floor with direct access to a panoramic loggia. The fourth floor is used for living with a beautiful penthouse of more than 200 square meters and a panoramic terrace with unique views of Florence. An immeasurable amount of serenite jewelry, original fireplaces and floors, cross vaults, and loggias are other elements of priceless historical and artistic value that make the property unique and timeless. Registered since 1901 on the list compiled by the Directorate General of Landmarks and Fine Arts, the building is to be regarded as a national artistic treasure. The commercial premises are in excellent condition and the residential accommodation is in need of refurbishment works. Interesting opportunity to develop a luxury hotel with a restaurant, exclusiveA luxury concept with prestigious apartments in the center of Florence. The property is equipped with lighting, gas, electricity, wifi and air conditioning. REF: 518

Additional details

Property type

All Types

Object type

House

Price

15 106 691 $

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Florence; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Florence short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (15 106 691 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Florence: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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