- Borgo San Pietro is located just a few minutes by car from Castiglion Fiorentino (10 minutes away), nestled in a lush green valley with few neighboring residences. The village is perched halfway up the hillside, offering stunning panoramic views.
- Historically, it served as a multi-family residence and is believed to have once been a monastery, as one of the two main buildings is an old rectory, and a consecrated church, although in need of restoration, still stands on the property.
- In the 1990's, the property was renovated and transformed into a charming country hotel and is still used as a hospitality venue, currently functioning as a holiday home.
- The main building, approximately 833 sqm spread over three floors, includes 6 bedrooms and 12 bathrooms, along with 2 living rooms — one of which is a spacious ground-floor area that formerly served as the hotel reception. It features a professional kitchen connected to a tavern, 5 lounges, and kitchens on the two upper floors. The top floor houses an apartment, once the owners’ residence, comprising a living room, sitting room, 4 bedrooms, 4 bathrooms, and a walk-in wardrobe.
- The second building, "La Canonica," approximately 453 sqm over three floors, includes cellars and storage rooms in the basement, a living room with fireplace, 3 bedrooms, and 3 bathrooms on the first floor. The attic floor contains an additional bedroom and bathroom.
- Adjacently, there is a single-nave church with a sacristy.
- Surrounding the two buildings are landscaped courtyards and terraced gardens with flower beds, complemented by an 8x4 meter swimming pool offering breathtaking views of the valley. Additionally, there are 3 agricultural outbuildings, one of which houses a traditional bread/pizza oven.
- The estate also includes 5.2 hectares of land comprising various crops, including an olive grove, woodland, and arable land, with an olive orchard of 450 productive trees.
Characteristics
Property type
Elite
Object type
House
Price
1 983 499 $
Land area
51470 m²
Year of construction
1300
Services and facilities
Pool
Infrastructure
Open pool
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 Arezzo; 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 Arezzo 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 (1 983 499 $) 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 Arezzo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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