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ID: MV1784

Old Palace With Hotel License In Tuscany

Italy

An old palace in Tuscany, of 48 Hectares land, plus lake, plus lot of villas in the property, they make wine and olive oil... for a reduced price.

ID: MV1784

Register Interest
Revenue:
€1.1m

Location

Tuscany- Italy 

Business Description

An old palace in Tuscany, of 48 Hectares land, plus lake, plus lot of villas in the property, they make wine and olive oil... with a hotel license and proposed at a reduced price.
It has 11 rooms, can be 40 rooms if restored, plus pool and tennis court,...
20 min from Florence;
Market price: 17 Mn Euros.
Asking price: 12 MN Euros
At 12 Mn Euros plus 7 MN to invest in works, it will be ready to use.
If the investor wishes to use the services of an “Hospitality Management & Investment Company” based in Florence, they can arrive to a good income with their management, when the property is renovated and operational.

Transaction Information

We only deal with direct Buyers/Investors, who can provide a full Presentation of themselves and a POF when needed.

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.