Farmhouse with Vineyards and Cellars for Sale in Montepulciano, Tuscany, Italy

Farmhouse with Vineyard and Cellars

Organic, wine producing estate in a beautiful location situated just 1km from Montepulciano a charming town which is renowned for the production of Vino Nobile ( a wine of outstanding quality ) ; The estate includes a restored farmhouse, two guesthouses, a garage for storing agricultural equipment, a cellar used for the production and bottling of the wine. The land is 6,8 hectares ( 16.8 acres ) composed of 5,2 hectares of vineyard and 1,5 hectares of olive grove.

LOCATION
This property is situated in a sought after area just 1 km from Montepulciano which is well known for its impressive Renaissance palaces, for the elegant beauty of its churches and for its “Vino Nobile”. The property is approx. 20 km from the A1 motorway exit of Chiusi-Chianciano. Places of historical interest are within easy reach such as; Pienza, San Casciano dei Bagni, Cortona, Montalcino, Siena, Arezzo, Perugia, Orvieto.

DESCRIPTION

Organic, wine producing estate set in a beautiful location 1 km from Montepulciano. The total surface of the land is 6,8 ha. ( 16.8 acres ) composed of 5,2 hectares of vineyard and 1,5 hectares of olive grove. The cultivated vines are: “Nobile di Montepulciano DOCG” 2,4 ha., “Rosso di Montepulciano DOC” 1,5 ha., “Chianti Colli Senesi DOC and DOCG” 0,6 ha., “”IGT Toscano” 0,6 ha. The olive grove is composed of 230 trees. The entire wine production process takes place inside the estate. There is a 137 sq.m cellar composed of three main rooms, one for the wine making inside big oak barrels, one for the storage/bottling, one is a technical room. The cellar was restored in accordance with local planning permission and with great attention to health and safety regulations. The estate now works at its best but there is great potential to increase the profits. There is an approved project to enlarge the cellar and to build another guest apartment/garage. All the wine produced is sold mostly overseas to Germany, United States, Denmark, Russia but also in Tuscany.
The property includes a 300 sqm. ( 3229 sq.ft ) well restored farmhouse. The living space is as follows; Ground floor – spacious living room with fireplace, kitchen, entrance hall / living room, pantry, bedroom and bathroom. First floor – 3 bedrooms with 3 bathrooms and large panoramic terrace.
The outbuilding which has plastered / exposed stone work external walls, has a surface area of 112 sq.m ( 1205.5 sq.ft ) and is currently used to store the agricultural equipment. There is an adjoining studio apartment with terrace.
The property includes another outbuilding of 40 sq.m ( 430.5 sq.ft ) which has living accommodation comprising ; Living room, kitchen, bathroom and gallery bedroom.

STATE
All the buildings were refurbished from 1992 - 1999 and are in a perfect state of maintenance. The original characteristics were preserved ; terracotta floor tiles and chestnut wooden beams. All the buildings have been built in accordance with town planning and health regulations. As you can see from the pictures the main building walls are plastered while the guest house has exposed stone work.

SERVICES AND USES
Electric, water and heating systems have been installed in accordance with local safety regulations. The water comes from a natural source inside the property. The property an be inhabited immediately and lends itself to the creation of an agriturismo farmhouse holiday business. There is building permission to extend the wine cellar and annex.

CADASTRAL AND LAW SITUATION

The property was restored in accordance with planning permission granted by the Local Council of Montepulciano from 1992 to 1999. As the buildings are “rural” and part of a wine producing estate, the property is exempt from Council tax ( I.C.I ). The property is officially registered on the “Nuovo Catasto terreni”.

OWNERSHIP DETAILS
The property is registered in the name of an individual. A 1% purchase tax is payable if the property is bought by an ‘ agricultural entrepreneur ’ or agricultural business. In other circumstances the purchase tax is 10% for the buildings and 18% for the land.

POTENTIAL USES
The property now works very well as a wine producing business but profits could be increased by converting the buildings into an Agriturismo farm holiday business.