Flat 520 м² in Florence, Italy

4 571 687 $

8 791 $ /м²

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Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #1

Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #2

Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #3

Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #4

Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #5

Flat 520m² in Italy, Florence. Priced at 3900000€ rent photo- #6

Area

520 м²

Bedrooms

Bathrooms

18-room luxury apartment for sale in Florence, Italy

An important, one-of-a-kind penthouse offering the splendor of spacious interior spaces and the highest prestige in one of the most elegant 16th century palazzos in the center of Florence, designed by Bartolomeo Ammannati, which has been owned by the most prominent Florentine families for centuries. The apartment overlooks Piazza Santissima Annunziata with its beautiful loggias of the Ospedale degli Innocenti, designed by Brunelleschi. The massive 520 square meter layout includes 15 spacious rooms with high ceilings, 2 bathrooms and two kitchens. The apartment is currently registered as an office space and is perfectly divided into reception and meeting rooms. There are prestigious views over the square with the equestrian monument to Ferdinand 1st Medici and the palazzo garden with fountains and hedges. The mansion is in need of renovation, which could be largely funded by the current state stimulus plan. A unique and unavailable property in the Florence real estate market.

Additional details

Property type

All Types

Object type

Flat

Price

4 571 687 $

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 (4 571 687 $) 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).