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Castle 8500 м² in Monte a Pescia, Italy

ID 4OgPl
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Area
8500 m²
Bedrooms
30
Bathrooms
30

Description

Colleviti Monastery College: A Unique Investment Opportunity In The Heart Of Tuscany

Colleviti Monastery College: A Unique Investment Opportunity in the Heart of Tuscany

Nestled in the historic Tuscan hills, the Collalto Monastery College presents an extraordinary investment opportunity for the American and Northern European markets. This majestic property, spanning over 40,000 square meters, is set on four levels and comprises 40 rooms and 24 bathrooms, offering ample spaces for multiple uses.

History and Cultural Heritage

Originally known as ”Collis Altum,” the site was home to a defensive fortress of the city of Pescia, known as Collalto Castle. In the late 15th century, the Franciscan monastery dedicated to Saint Louis of Toulouse was built on the remains of the castle. During the 16th century, the monastery expanded to include a seminary and a notable library, with volumes ranging from canon and civil law to science, philosophy, and medicine. Despite the Napoleonic suppressions of 1810 and those of the Kingdom of Italy in 1866, the monastery has retained its historical and cultural significance.

Development Potential

The Collalto Monastery College offers significant potential for transformations into:

- Luxury Resort: The structure and panoramic location are ideal for creating an exclusive resort that attracts an international clientele seeking authentic Tuscan experiences.

- Residential Healthcare Facility (RSA): The ample spaces and multi-level layout make the property suitable to become a high-level healthcare facility, offering residential and assistance services in a serene, historical setting.

- Boutique Hotel: With its rich history and captivating architecture, the monastery can be transformed into a boutique hotel that provides a unique experience for visitors, combining modern comforts with the charm of the past.

Architectural Features

The property retains original architectural elements, including:

- Historic Cellar: A small cellar that reflects the winemaking traditions of the region.

- Refectory: A large space that can be adapted for catering or events.

- Internal Courtyards: Open spaces that provide natural light and can be used as common areas or gardens.

- Long Corridors and Monks’ Cells: Spaces that can be repurposed into guest rooms or suites.

- Historic Library: Still filled with books collected over the centuries, it represents an invaluable cultural heritage.

- Annexed Church: A place of worship that adds historical value and can be used for ceremonies or special events.

Conclusion

The Collalto Monastery College is more than just a property; it is a piece of Tuscan history waiting to be restored to its former glory. For American and Northern European investors, it represents a unique opportunity to acquire a prestigious real estate asset with versatile development potential, in one of the most captivating regions of Italy.”

Characteristics

Property type
Elite
Object type
Castle
Price
6 226 234 $
Land area
140 m²

Services and facilities

  • Pool
  • Balcony or terrace
  • Garage/parking

Infrastructure

  • Playground

FAQ

How can I get a residence permit by buying property in Italy?

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Monte a Pescia; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Italy?

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.

What taxes and fees apply when buying in Italy?

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.

How is the title checked in Italy?

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.

Can I rent out property after purchase in Italy?

Yes. Rental income tax is 5–25% depending on the regime. In Monte a Pescia short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (6 226 234 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Italy?

A typical transaction runs 30–90 days, averaging 45 in Monte a Pescia: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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