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
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
Additional details
Property type
Elite
Object type
Castle
Price
554 700 $
Characteristics
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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Liliya
International Real Estate Consultant