Panoramic hotel for sale in Montepulciano

Hotel for sale in Montepulciano, Siena. Panoramic 51-room property with private parking, elevators, and over 2,700 sqm of interior space. Excellent investment for tourism, healthcare, or residential redevelopment. General Description: Just a short walk from Montepulciano’s historic center, this extensive terraced property offers a rare opportunity for investors and developers alike. Currently operating as a hotel-restaurant, the building spans four above-ground floors plus a basement garage level, totaling over 2,700 sqm of usable space. Each floor measures approximately 540 sqm, including attic areas and service rooms. Situated in a fenced and secure private area with panoramic views, the property guarantees privacy and easy access in a highly strategic location. Interior Description: The structure houses 51 guest rooms, each with a private bathroom. The building features two main staircases and elevator systems, enabling the division into two fully independent wings. Spacious communal areas, technical rooms, and service zones make the property suitable for large-scale hospitality or alternative uses. Interiors are in good overall condition and immediately functional. Exterior Description: Outside, the property is enclosed within a gated area, offering ample green space and over 150 parking spaces, 30 of which are privately owned. The elevated position provides sweeping views without architectural barriers, enhancing the appeal of the property. Main Features: Total surface area: 2,700 sqm Bedrooms: 51 Bathrooms: 51 Total rooms: 110 Condition: Good Heating: Independent Air conditioning: Present Elevators: Yes Private parking spaces: 30 Energy class: G Utilities: The building is equipped with autonomous heating, air conditioning, and compliant systems. The two elevator shafts ensure easy access across all levels, improving comfort and usability. Uses and Potential: While currently operating as a hotel, the property is highly adaptable. It may be partially or entirely converted to residential, healthcare, office, or commercial use. The dual-entry layout and flexible internal distribution make it ideal for redevelopment into multiple independent units. Local Real Estate Market: Montepulciano remains a key hub within the southern Tuscan real estate market, driven by tourism and international interest. Average values for renovated properties range from €1,900 to €2,800 per sqm. Hospitality assets with strong location and parking access maintain high appeal, particularly in historic towns with year-round tourism. The region's continued growth in cultural and wine tourism strengthens its position as a prime investment area. Touristic and Historical Information: Famous for its Renaissance architecture, Montepulciano is renowned worldwide for its historic charm and its iconic wine, Vino Nobile di Montepulciano. Key landmarks include Piazza Grande, the Cathedral, the Town Hall, and the Temple of San Biagio. The town hosts numerous cultural events such as the Bravio delle Botti and international music festivals. Perfectly positioned between the Val d’Orcia and Val di Chiana, Montepulciano also offers proximity to thermal spas, scenic countryside, and medieval villages, attracting a broad international visitor base throughout the year. Distances: Historic center of Montepulciano: 0.5 km Chiusi train station: 20 km A1 Motorway (Chiusi/Chianciano exit): 18 km Chianciano Terme: 10 km Pienza: 15 km Cortona: 35 km Siena: 60 km Florence: 110 km Perugia Airport: 75 km Val d'Orcia: 12 km