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House 185 м² in Penne, Italy

1 055 409 $

5 704 $ /м²

4OTus
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Area

185 м2

Bedrooms

14

Bathrooms

11

A 14 bedroom villa for sale in Penne, Pescara region, Abruzzo, Italy.

The property is in a strategic location, on a very quiet plug of a rural road in a good area of the town of Penne. Penne is a very lively town in the province of Pescara, just 30 minutes from the coast, with many restaurants, stores, markets, cafes, etc. Pescara airport is only 32 kilometers away. The property is currently used as a B&B and is in perfect condition. It has 14 bedrooms and 11 bathrooms. The property consists of four independent blocks.BLOCK 1: On the first floor there is a very large kitchen and spacious dining room with fireplace, two bedrooms and one bathroom. The first floor is surrounded by a lovely veranda overlooking the beautifully manicured garden.BLOCK 2: On the first floor is a detached apartment with 4 bedrooms, two bathrooms and an open space with kitchen-living-dining room. The apartment has a large studio and a beautiful panoramic terrace overlooking the garden and the surrounding area. The apartment is internally connected to the rest of the house.BLOCK 3: Through an external staircase on the first floor there is a large and bright dining room with fireplace; on the second floor there are 8 more bedrooms with bathrooms.BLOCK 4: Located in the garden area, there is a separate building with two bedrooms and two bathrooms.The two buildings are surrounded by eight acres of land. Outside the main house is part of the land of the first 9000 square meters of the garden, fully fenced. There is a large panoramic swimming pool, a wooden canopy gallery, a large 235 square meter garage and a soccer field. All this gives the property a unique value. Behind the fence is the remainder of the land with 1600 olives and a water well. The location provides magnificent views of the surrounding hills and countryside. The structure and roof are in excellent condition, no repairs are required. All utilities are connected including the central heating system.

Additional details

Property type

All Types

Object type

House

Price

1 055 409 $

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Penne; 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 Penne 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 (1 055 409 $) 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 Penne: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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