Villa in city Panicale
650.00 sq.m., 12 bedrooms

€ 750 000
The prestigious farmhouse for sale in Umbria. Located in the municipality of Panicale, surrounded by countryside, the restored farmhouse with dependence for total area of about 650 sqm with seven rooms each with its own private outdoor space, is offered for sale. The property includes a large garden of 2000 sqm, well planted and fenced, with a swimming pool. The property has a plot of land of about 17 ha, partly arable and partly with olive groves (about 700 plants) of full production and a beautiful pond. It is an excellent exposure, mainly in the South, with a wonderful view over the valley.

Panicale, an ancient and picturesque Umbrian village of medieval origin, is recognized as the most beautiful natural terrace on Lake Trasimeno. It is situated atop a hill about 440 m above the sea level and it still keeps the characteristics of the time with the remains of the walls and fortified gates. There are important natural and historical monuments like Churches of St. Agostino, of Madonna delle Sbarre and of St. Sebastiano with two splendid frescoes of Perugino. On the square of St. Michele you can admire the facades of Collegiata. Among the cities of art one the nearest is Perugia, just 20 km away with its historical center full of monuments and museums, cultural and economic hub of the region and a destination for tourists and students. In fact, it is a city of two universities, one is for foreigners and the other is one of the most important universities in Italy with the biggest number of students.
The nearest cities of art, Cortona, Assisi, Siena, Arezzo, Florence and Rome, are about one hour's journey. Important Etruscan cities like Chiusi, Montepulciano, Pienza and the Valdorcia are accessible in 30-40 minutes, as well as the thermal spas of San Casciano dei Bagni, Chianciano Terme and Bagno Vignoni. The railway station of Chiusi-Chianciano Terme is 15 km away. A very comfortable Airport of Sant'Egidio is about a half an hour with direct flights to London, Barcelona, Brussels, etc. Florence is 100 km, Rome 135 km, Siena 65 km and Assisi 38 km.
The property is located a halfway up the hill, in a panoramic position, among the green fields of olive trees and sunflowers near the medieval village of Panicale (approximately 6 km) and a few steps from the Lake Trasimeno. The beauty of the landscape, untouched from the nature point of view, makes this place very attractive for those seeking privacy and relaxation, also south orientation makes it sunny from sunrise to sunset; the wooded hill protects it from the cold north wind. Near the medieval village of Panicale there is a natural terrace often described as the most beautiful terrace on the Lake Trasimeno and in the Umbrian-Tuscany countryside. Just five minutes drive there is also the golf club Lamborghini designed by Ferruccio Lamborghini (the founder of the car company).

The prestigious farmhouse for sale in Umbria.
The property, completely renovated, currently used as accommodation, consists of a main house divided into six apartments each with separate entrance, with one, two or three bedrooms, with one or two bathrooms and a living / dining area with a kitchenette; the dependence includes seven large apartments with three bedrooms, three bathrooms and a dining room / living room with a kitchenette. All rooms are furnished with antique furniture. In the fully fenced garden there is a large swimming pool, a children's playground and a private parking. The property has a plot of land of about 17 ha, partly arable and partly with olive groves (about 700 plants) and a large beautiful pond.

State of repair
A prestigious property was the subject of a complete restoration carried out about 20 years ago, using distinctive and valuable materials such as terracotta floors, wooden and tiled ceiling, tile covering roof. Outside, the property looks like a typical Umbrian farmhouse with stones and facing bricks.

The property is provided with all utilities: electricity, gas LPG, water is supplied from a well located on the territory of the property.

Land registry details
The property is registered with the building registry at the N.C.E.U. for the minicipality of Panicale and the land is registered at the C.T. for the same municipality. Urbanistically the original building is dated back to the late 1800s, later it was the subject of a complete restoration in 1995.

Ownership Details/Contractual Obligations
The property is owned by a legal entity, in this case LTD.

Potential Land Use
It is an ideal solution for those who want to become an owner of tourists’ accommodation as the property is already in necessary condition and has an excellent start for this activity. The land and olive groves can also be exploited for agricultural purpose. The property is located in the area full of beautiful paths where you can go on foot or by mountain bike and ride a horse.

Location of the property on the map

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