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Flat 406 м² in Terney, Italy

450 021 $

1 108 $ /м²

4OiRH
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Area

406 м2

Bedrooms

4

Bathrooms

2

Year of construction

1476

Flat . City - Terney

In the heart of the medieval hamlet of Parrano, in Umbria, a distinctive apartment set within a palace of unique historic origins, part of the ancient core of the castle and transformed into a noble residence in 1476.

Reworked with renovations and alterations throughout the following decades of the 1900s, up to the latest interventions in the 1990s and more recent works carried out in 2022-2024.

The main residence is arranged on the first floor and extends over approximately 167 sqm. The interiors retain a refined vintage style with original features such as graniglia, terracotta and single-fired floors, decorated ceilings and wooden beams.

The layout includes a living room, a dining room, a kitchen with pantry and antique fireplace, four bedrooms, two bathrooms and a storage-laundry room.

The property is completed by the ground floor and basement level, approximately 116 sqm, currently in shell condition. These rooms, featuring brick vaults and original beams, include a cave with evocative niches and a cellar with a characteristic ancient cistern well; spaces that offer ideal potential for the creation of a tavern or a tasting area.

Particularly enchanting is the view from the windows and the charming little balcony, allowing you to admire the outlook over the picturesque streets of this beautiful village.

Additional details

Property type

Residential Properties

Object type

Flat

Price

450 021 $

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Terney; 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 Terney 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 (450 021 $) 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 Terney: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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