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NEW IN OUR PORTFOLIO!

Turn-key Price Starting from 2.0 mio
  The property in its current state is on the market for EUR 475.000. The construction/restoration price starts at 2.0 mio euros and is based on a solid restoration of the main house (approximately 250 sqm) including purchase buildings in current state, planning, construction, all interior and exterior design, construction of swimming pool and several extras.
Dimensions Main house, first floor: 185sqm;
Ground floor, currently used as storage and a stable: 73sqm;
Annexes: 13sqm and 8sqm;
The land included in the sale is 343.199 sqm.
All measurements are approximate.
Location Click here for location map
Duration The project is estimated to take approximately two years, from approval by the local authorities to completion.
Rental Potential
Related property This property is also for sale in its current state: Click here
Sleeps
Bedrooms
Bathrooms
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Elceta Project


Nestled high in the Umbrian hills, this expansive property offers a rare opportunity to create a bespoke country villa in an unrivalled setting.


Elceta Project is a large estate in the Umbrian hills that includes a traditional stone farmhouse, an outbuilding currently in ruins, and 34 hectares of private land dominated by a mature, terraced olive grove.

This is a significant restoration project for investors and dreamers alike, offering a blank canvas to create a custom-built country retreat with unparalleled privacy and spectacular valley views. Perched at an elevated vantage point, the property commands sweeping uninterrupted views that stretch to Perugia, Mount Subasio and Assisi.

The main building is a classic, two-storey stone farmhouse featuring a traditional, terracotta tiled roof and charming green shutters. While the structure retains its authentic character, a comprehensive restoration is required to bring it in line with modern living standards. The footprint offers ample space for a generous family home or a boutique country villa.

There is a second building just behind the main farmhouse. While currently a ruin with just a footprint of stone and brick walls and a partially intact roof, this structure offers an incredible opportunity to create an annex that could be used as a guest cottage, an artist’s studio or a pool house.

The olive grove is the jewel in Elceta’s crown: meticulously terraced, the trees cover a large area of hillside, hugging the contours on the way up to the house. This offers guaranteed privacy and a stunning evergreen landscape, as well as an opportunity to produce your own private-label olive oil.

The starting price of EUR 2.0 mio includes the total cost of a turn-key project: construction (renovation, restoration or building from new, as applicable), all finishes (including tech and service systems, a swimming pool, landscaping and planting), technical fees (such as architect, engineer, surveyor), all interior and exterior furniture and decoration; to quote SpecialItaly project & design services.

Please find here more information on finding and buying real estate property in Italy.

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Layout


This is a unique opportunity to specify the floor plan and interior finish of your home. The buyer have total flexibility over the number of bedrooms, bathrooms, and the flow of the living spaces.

Additional bespoke options include custom-fitted wardrobes, utility rooms, a wine cellar, or a dedicated larder to suit your needs.

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Facilities


Outside

During a restoration project, terraces and landscaping can be decided. The swimming pool can be built upon request and approval by the Municipality.

Technical

The property is connected to mains electricity (6kw, three-phase).
There is an artesian well with a good flow of water thanks to an underground aquifer.

Energy

To be determined at the start of the project.

Other features

Direct environment

The estate is accessed via a private unpaved road that winds up through the olive grove to the property. This means that privacy is guaranteed. Currently, this track is only suitable for a 4x4 vehicle which needs to be taken into consideration during renovations.

Property Management

For a separate fee, SpecialItaly is able to look after every element of this building project, from completion of sale to full interior and exterior design of the build. Once finished, SpecialItaly can offer year-round holiday rental and management services for the property. You can find more information on the separate Services section of our website.

Fees

For project management and/or design assignments SpecialItaly charges a separate fee besides the one charged to the buyer for the mediation on the purchase; such fee is based upon the requests of the buyers as well as the work load required to successfully complete the project.

Notes

The asking sales price refers to the property in its current state as described in this profile; the restoration project has to be submitted and approved by the Municipality.

Location


Click map for detailed location
Italy region map

Surroundings

The tiny hamlet of Fontignano is just under 2km away. For a good choice of shops, restaurants and bars, plus a pharmacy and other necessary services, Tavernelle di Panicale is 5km away. The property is the perfect jumping off point for visiting towns and cities across Italy’s heartland – Perugia is less than 30 minutes away.

Travel

Air: The nearest airports are Perugia [PEG] (31km); Florence [FLR] (168km); Rome Ciampino [CIA](182km); and Rome Fiumicino [FCO] (197km).

Train :The nearest train station is in Chiusi (30km) where car rental is also available.

Road: The motorway exits closest to the property are at Chiusi (32km) for Florence and at Fabro (31km) for Rome.

Distances

Elceta Project is within easy reach of several towns and cities in both Umbria and Tuscany that are steeped in culture and full of fabulous shops and restaurants, including: Città della Pieve (24km); Castiglione del Lago (25km); Passignano sul Trasimeno (28km); Deruta (29km); Perugia (30km); Montefalco/Bevagna (46km); Todi (46km); Assisi (47km); Montepulciano, which is famed for its wine (48km); Umbertide (48km); Cortona (49km); Spello (49km); Orvieto (61km); Gubbio (73km); Spoleto (82km); Siena (108km); Florence (148km); and Rome (171km).

Leisure & activities

The surrounding hills are wooded and gently undulating, offering lots of lovely walks. Head to Passignano (28km) on the north side of Lake Trasimeno and you’ll find wonderful restaurants, an amazing pasticceria and butcher, tennis courts, wakeboarding, SUP hire and other water sports, as well as access to ferries for the islands in the lake. Find antiques markets in local towns on the first or second Sunday of the month as well as weekly food markets. There are two 18-hole golf courses to choose between: Golf Club Perugia in Ellera Umbra (15km) or Antognolla Golf Club (33km), one of the most sought-after courses in Italy.

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Building Project

SpecialItaly will be happy to tell you more about Elceta Project and discuss with you in detail the definition of your own customized project aimed at realizing the property of your dreams.

This visual chart describes the headlines of the process of project with SpecialItaly. Furthermore, you may want to visit our design section to see some fine examples of the design and building projects we have completed since 2008. Also, a full general description of a so called SpecialItaly turn-key delivery for a property is available, as is a clarifying vocabulary.

Please send us your free inquiry to obtain more information on Elceta Project by SpecialItaly.

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