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House 555 м² in Siena, Italy

ID 4OihF
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Area
555 m²

Description

House . City - Siena

The property consists of a beautiful farmhouse arranged over two levels. On the ground floor there are several rooms used as storage with large openings, perfect for conversion into living areas, as well as the inevitable outdoor wood-burning oven, typical of Tuscan farmhouses. The first floor, currently accessible only through a beautiful panoramic external loggia, was once used as a residence with a large kitchen with fireplace, a spacious pantry, 5 bedrooms, a storage room and a bathroom. The annex, once used as a shelter for animals, has an area of approximately 90 sqm and could be restored and transformed into a beautiful guest annex. The land surrounding the property is approximately 1 ha and includes a flat area ideal for building a swimming pool. It is also possible to purchase additional land, as well as a small olive grove with 45 olive trees in production and a vineyard of approximately 5000 sqm of Sangiovese Doc Orcia.

Characteristics

Property type
Elite
Object type
House
Price
945 795 $
Land area
10000 m²
Year of construction
1934

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 (945 795 $) 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 555 m² in Siena, Italy