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Castle 300 м² in Orbetello, Italy

554 700 $

1 849 $ /м²

4OgQT
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Area

300 м2

Bedrooms

10

Bathrooms

4

Roma Palace

The real estate agency Roma Capalbio offers for sale a characteristic building in the historic center of Orbetello and precisely in via Farini.
The building has an independent entrance and is distributed on 3 levels:
-ground floor a cellar and a large warehouse with window
-first floor apartment number 1: living room kitchen room and bathroom
-first floor apartment number 2: living room kitchen two bedrooms and bathroom
-second floor apartment number 3: living room kitchen room and bathroom
-second floor apartment number 4: living room kitchen two bedrooms and bathroom

It is possible to redevelop the building by creating a single real estate unit or to renovate each unit by creating luxury apartments.
For outdoor space lovers you can decide whether to restore old terraces or restore existing verandas.
The apartment number 1 is in good condition while the others are completely to be restored.
Overall the building is to be restored
Ideal for a group of friends looking for more real estate units. Great investment to raise the apartments.
Via Farini is a small parallel of Corso Italia (the Course of Orbetello) very quiet and reserved.
* These information and plans are merely indicative and do not constitute contractual elements. --- announcement published by GESTIONALEIMMOBILIARE.it

Services and facilities

Balcony or terrace

Additional details

Property type

Elite

Object type

Castle

Price

554 700 $

Characteristics

Balcony or terrace

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Orbetello; 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 Orbetello 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 (554 700 $) 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 Orbetello: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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