Main Countries Buy Rent

Flat 459 м² in Terney, Italy

577 480 $

1 258 $ /м²

4Oiit
Share:

Area

459 м2

Bedrooms

5

Bathrooms

3

Year of construction

1800

Flat . City - Terney

In Umbria, on the border with Tuscany, in the distinctive and evocative medieval village of Parrano, a prestigious charming property: the magnificent "Terrazza Luna e Stelle", a beautiful noble palazzo marked by unique appeal and rare outdoor spaces that are difficult to find in village settings. The property boasts a lovely outdoor area and a splendid panoramic terrace, unique throughout the village, ideal for enjoying the sun from sunrise to sunset and the magical atmosphere of starry nights.
The property is spread over several levels as follows:
- Ground Floor: entrance hall, living room with kitchen, a second kitchen, an additional living room, bathroom facilities, under-stair storage, two bedrooms/studies and the large terrace. - First Floor: three bedrooms, two bathrooms and a welcoming lounge. (It is specified that one of the bedrooms after the stairs has an en suite bathroom) - Second Floor: attic. - Basement Floor: cellar, woodshed, storage room and a rare outdoor space with a lovely area with 2 flower beds (20 sqm in total) that serve the entrances and basement rooms to be used as a tavern or garage with street access and could accommodate a small car - Lower Basement at the rear there is an additional cellar with an ancient structure that could be Etruscan.
Finished and habitable, with respect for and preservation of its historic features, yet at the same time functional and ready to be lived in. Enriched with good taste, imagination and originality, the whole is particularly charming.
It is worth noting the possibility of purchasing the entire palazzo, as on the lower floors there are 2 lovely apartments with air conditioning, priced at 198.000 euro+138.000 euro and therefore with the adjoining units, also renovated, to combine the three properties into a single home solution, or to create a B&B business in a village of peace and tranquility much loved and sought after by tourists. The palazzo is arranged around the four cardinal points, with the entrance to the north for summer coolness, east for the sunrise, south and west from where a glimpse of sunset can be seen; all rooms have windows and the thick walls keep the house cool.
The view over the village is wonderful and evocative; the ancient stone walls, the roofs with old terracotta tiles and the outline of the surrounding countryside create a unique and enchanting atmosphere to be enjoyed from the numerous windows of the palazzo and from the beautiful terrace that lets you enjoy sunlight, moonlight and starry skies.

Services and facilities

Garden

Additional details

Property type

Residential Properties

Object type

Flat

Price

577 480 $

Characteristics

Garden

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 (577 480 $) 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).

Related sections