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House 854 м² in Siena, Italy

ID 4OhTS
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Area
854 m²
Bedrooms
16
Bathrooms
18

Description

House . City - Siena

The property, measuring approximately 600 sqm, dates back to the 14th century and was originally built as a water mill, later transformed into an elegant noble residence during the 17th century. The current appearance of the building, which retains most of its original features, is the result of a meticulous restoration carried out by the current owners in 2012, when the property was adapted for tourist and hospitality use and converted into a boutique hotel. The interior spaces are arranged over four levels. The basement level houses the historic cellars, including the ancient milling area, as well as rooms used for storage. The ground floor features the reception area, a professional kitchen with pantry, a breakfast/restaurant room with a large veranda, a guest service bathroom, an independent bedroom with private bathroom, staff changing rooms with dedicated facilities, and technical rooms serving the villa. The first floor comprises eight bedrooms with en-suite bathrooms and a spacious suite consisting of a living room, bedroom, and bathroom. The second floor accommodates five additional bedrooms with private bathrooms and a large suite with living room, bedroom, and bathroom, from which there is access to the turret. Outside, there is a canopy designed for outdoor events, complete with an oven with hayloft and a small tool shed. The property is set within a well-maintained garden of 3,500 sq m, enriched with flowers and ornamental shrubs; at the center of the green area, just a few meters from the main building, lies the 14 × 7 meter swimming pool, surrounded by a terracotta-paved sunbathing area and lawn. Completing the property are approximately 4.7 hectares of agricultural land, offering the possibility of being used both as guest parking and for the cultivation of vines or other plant species typical of the area.

Characteristics

Property type
Elite
Object type
House
Price
3 324 300 $
Land area
50876 m²
Year of construction
1600

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 Siena; 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 Siena 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 (3 324 300 $) 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 Siena: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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House with 16 bedrooms in Siena, Italy