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Land 937 м² in Lucignano, Italy

3 870 851 $

4 131 $ /м²

4OWY3
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Area

937 м2

Bedrooms

10

Bathrooms

6

Luxurious mansion with 10 bedrooms for sale in Calle Cologan, Puerto de la Cruz, province of Santa Cruz de Tenerife, Canary Islands

Historical mansion in the center of Puerto de la Cruz, just a few steps from the main business district of the city. Beautiful sea views, quiet residential area. The mansion is in need of restoration and is part of the heritage of Puerto de la Cruz. Wooden balconies in Canarian style, 3 levels with different living and communal areas. Garage, additional building that can be used as a guest house, warehouse, or similar. Please contact for a private viewing.

Additional details

Property type

Land

Object type

Land

Price

3 870 851 $

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Lucignano; 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 Lucignano 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 (3 870 851 $) 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 Lucignano: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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