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Luxury Residence, Hotel In Tuscany For Sale

Arezzo, Italy
Asking Price:
€3,700,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The history of this luxury residence starts in the second part of XIX century. A stone arch dated 1875 leads us to the residence. The structure was established as a foundry for working metal, in the course of history with the succession of the property owners had many uses, including the production of flour (the old stone millstones are still present). Today the estate has been transformed into the residence, during the reconstruction of which they paid a particular attention to preserving the building's original features.
The property is divided into 19 comfortable apartments, all with private entrance and equipped with all comforts. All apartments have 1 or 2 bedrooms, bathroom, spacious living and dining room with kitchenette, some have private terrace or balcony. At the central square we find an entrance to the restaurant, created in the room that once housed the mill.
The property includes a tennis court, soccer field and swimming pool. Its central location offers the opportunity to visit the major art towns and it is not far from the outlets of Prada, Gucci, Armani, Ferragamo, Valentino, Dolce & Gabbana.
Contracts with major tour operator give excellent profit and guarantees a successful work of the hotel. There is an approved project of extending the property up to the hill, in order to increase the number of guests.

Property Information

Real Estate:

Real Property Included

Location:

Arezzo, Tuscany, Italy