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House 854 м² in Siena, Italy

3 506 649 $

4 106 $ /м²

4OhTS
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Area

854 м2

Bedrooms

16

Bathrooms

18

Year of construction

1600

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.

Services and facilities

Pool

Additional details

Property type

Elite

Object type

House

Price

3 506 649 $

Land area

50876

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 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 (3 506 649 $) 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).

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