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House 388 м² in Arezzo, Italy

2 696 123 $

6 948 $ /м²

4OiJt
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Area

388 м2

Bedrooms

3

Bathrooms

2

Year of construction

1500

House . City - Arezzo

A few steps from the historic center of Cortona, in a dominant position offering spectacular views over the valley, we find this charming historic farmhouse dating back to the 1500s, once owned by the Pamphilj family, an illustrious Roman noble lineage that counts Pope Innocent X among its members.

The property, measuring approximately 250 square meters, is arranged over three levels and is distinguished by the presence of multiple independent entrances: one on the first floor via an external staircase, one on the ground floor, and several accesses to the basement level, directly connected to the panoramic terracing. The basement level hosts the living area, consisting of a kitchen with pantry, a spacious living room also suitable as a dining area, and an additional sitting room with fireplace. On the ground floor there are two bedrooms, a bathroom, a study, and the technical room. The first floor, also independently accessible, accommodates a self-contained apartment with kitchenette, living room, bedroom, and bathroom.

The land extends over nearly 3 hectares of hillside terrain with an olive grove of 580 trees. The 8x4 swimming pool, created from an ancient stone basin and set on an elevated terrace, blends harmoniously into the surrounding landscape. The property is completed by several outbuildings used as storage or tool sheds and a small hunting tower located a short distance away along the hillside.

Services and facilities

Pool

Additional details

Property type

Elite

Object type

House

Price

2 696 123 $

Land area

28297

Characteristics

Pool

Infrastructure

Open pool

FAQ

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.
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 Arezzo 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 (2 696 123 $) 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 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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