Ref: 3301 The Old Mill, Bagni di Lucca, Tuscany

1 bed apartment (42m²) - From 137.000 Euros, 2 beds (57,05m²) - From 165.000 Euros

Features

• Historic Protected Building
• Quiet Riverside Setting
• A stroll to 2 delightful villages
• 45 apartments of 1 and 2 bedrooms
• Swimming pool and gardens
• Gated community
• Beautiful Country Views
• Individual parking
• Lift access
• Excellent Growth Investment
• Beaches 28 miles
• Abetone Ski Resort 28 miles
• Pisa Airport 37 miles
• Florence 36 miles
• Rental Company Available
• Completion Dec. 08

 

Floor plans

Tuscany

Tuscany is an enchanting region of meandering hills, ancient hillside villages, historic renaissance cities with ambient piazzas, mile after mile of vineyards and olive groves, fields of golden sun-flowers and towering cypress trees. Its landscapes exude a magical charm, rich in culture and heritage they are bathed in a unique light that has inspired artists for centuries. The warmth and hospitality of the local people and the delicious local cuisine and fine wines are just some of the pleasures that this region has in store for you.

This is a fashionable area and property is in great demand, commanding high prices especially in coastal regions. However we have discovered The Old Mill, a new development inland where early investors can at present obtain very affordable prices.

Location

The Old Mill (Il Vecchio Mulino) is located in wonderful countryside in a quiet and relaxing corner of northern Tuscany. It is surrounded by wooded hills and winding streams, in a lovely unspoiled area where many city dwelling Italians choose to have their second homes. The riverside setting lies between two delightful villages both within 5 minutes walking distance.

At Bagni di Lucca, a spa town since Roman times and frequented by many famous visitors such as Byron, Shelly and Puccini, there is a large public bathing resort with 2 thermal pools one for children.

The Old Mill is well placed for skiing at Abetone (28miles), the golden beaches of Versilia and a new road link to Lucca (15 miles) opens easy access to Tuscanys magical cities including Florence. The nearest airport is Pisa (37 miles) and direct flights to the UK are available through Ryanair. There is also a good train service from Bagni di Lucca (see trenitalia)

The Properties

For 200 years this unique building was a working mill. Today permission had been granted for 45 charming riverside apartments. The Old Mill with its typical Tuscan features including beamed ceilings is protected under the "Belle Arte" which means all original features must be restored to their former glory. In the grounds there is a resident swimming pool and private gardens. There are 45 apartments of 1 and 2 bedrooms and a few duplex apartments of 2 bedrooms plus a separate studio, some with terraces. The apartments have beautiful hillside views and each has private individual parking.

The properties are designed with charm and character retaining original features wherever possible.

Renting

These apartments are ideal for year round rentals. The location is ideal for short winter breaks - only 45 miles from the ski slopes of Abetone and as a base to explore cities such as Florence and Lucca. We recommend rents of £300 to £600 per week depending on size of your apartment.

Payment Terms

In the present buoyant market availability changes daily.

Please use our enquiry form to request up to date availability.

Reservation Deposit	£2000
On Contract	35%
On completion	65%

Up to 80% Mortgages available on completion

Please allow 12% to 15% of the purchase price to cover closing costs and VAT.

The Next Step

Use our enquiry form to request more information on this development. A knowledgeable property consultant will contact you either by email or telephone to provide you with further details and to arrange an inspection visit to the area.

 

 

Note: Prices are correct at time of publication. However, promoters are likely to increase prices soon after sales proceed. Also there is limited availability and the lower priced properties normally sell very quickly.