House 586 м² in Siena, Italy

1 398 240 $

2 386 $ /м²

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House 586m² in Italy, Siena. Priced at 1200000€ rent photo- #1

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House 586m² in Italy, Siena. Priced at 1200000€ rent photo- #3

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Area

586 м²

Bedrooms

Bathrooms

Year of construction

1800

House . City - Siena

In the splendidly green and lush countryside surrounding San Gimignano stands this 310 sqm traditional farmhouse including annexes and ruins. The farmhouse comprises two levels that are connected by an internal staircase. On the ground floor there are a large living room, two bedrooms, a bathroom, a hallway, and a room for technical facilities. On the first floor there are a kitchen, a large study, a dining room, two bedrooms, and a bathroom. The property also features two storage rooms for a total of 80 sqm and former rural annexes now ruins for a total of 198 sqm. The property includes approximately 62 hectares of agricultural land divided into woodland, farmland, and olive groves.

Additional details

Property type

Elite

Object type

House

Price

1 398 240 $

Land area

624249

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Siena; 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 Siena 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 (1 398 240 $) 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 Siena: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).