Villa Monastery is located in the sought-after area of Impruneta south of Florence, only a few hundred meters from the main historical Piazza dell’Impruneta – which is also the world capital of handmade Tuscan terracotta. The property is well connected being only a mere 7km away from the historic center of Florence and 6km from the motorway exit Firenze – Impruneta. Villa Monastery is an exiting investment asset that dates back to the 14th century. It originally belonged to the hospital of Santa Maria Nuova and in 1902 it was donated to the church. Villa Monastery is now on the market as an enticing proposed project for buyers and investors. The property has been recently completely restructured and renovated with meticulous care to its historical value. The 2,500 m² Villa can be accessed using two exits from the main road. Within the main property are 12 luxury apartments, real luxurious suites of various sizes with 2–4 bedrooms with en-suite bathrooms. Some have private access to the internal courtyards. Their sizes range from 120-310 m². Villa Monastery is an amazing investment opportunity as, besides the 12 newly renovated apartments, the project comes with several attractive common spaces. In the basement floor a wellness area is equipped with: a gym with Technogym equipment, a 6-seater sauna, a small relaxation area and a dressing room with showers. The basement floor also houses a spacious fully equipped kitchen-dining room, that can be used by residents to host dinner parties. The main courtyard boasts a beautiful well-maintained Italian garden, which has been recently restored and replanted. There is also a proposal to use the two inner courtyards to construct large outdoor areas that can be used as a “winter garden” hosting breakfasts, lunches and reading areas. The area would be covered in the winter months using retractable tensile structures compatible with the landscape of the area and left open during summer.
All the utilities are present or planned. All the drains, pipes, etc. have been completely redone during the renovation. The Villa has a large parking lot on the back of the property which is connected to the structure by a large elegant staircase and an underground corridor that leads to the entrance of the elevator on the basement floor level.
The apartments come in a near-finished state, which allows the buyer to choose the desired finishing and furnishing. Currently, 10 out of 12 apartments are almost entirely realized. The two-story Limonaia outbuilding comes with exciting potential with an indoor heated pool and SPA. It has been projected to house 2 of the 12 apartments of the complex. Alternatively, it can also be finished transforming the ground floor in a state-of-the-art cinema or a gorgeous in-door heated swimming pool with windows facing the Italian garden and a solarium on the terrace overlooking the hills.
The 2500 m² property is comprised of 12 luxury apartments making it an exciting opportunity for investors as the buyer can choose to purchase and sell the apartments in their entirety, sell the apartments individually, rent the apartments or even turn the Villa into a splendid hotel with 12 self-contained suites with concierge. The property can be potentialized with the acquisition of an adjacent property which is also for sale. The latter could be renovated in a similar style and would add 750 m² to the property. The adjacent property could, for instance, be transformed into 7–9 Junior Suites.
Villa Monastery is located in the sought-after area of Impruneta south of Florence, only a few hundred meters from the main historical Piazza dell’Impruneta – which is also the world capital of handmade Tuscan terracotta. The property is well connected being only a mere 7km away from the historic center of Florence and 6km from the motorway exit Firenze – Impruneta.
The property is in good standing and in compliance with local building and zoning regulations.
The property is currently owned by a company.