Apartment to renovate with terrace for sale in Montepulciano

Apartment for sale in Montepulciano, Siena. Property to renovate of 134 sqm on two levels with 8 rooms, panoramic terrace, and fireplace. Ideal as a prestigious residence or investment for tourist rentals in the historical center. General Description: In the beating heart of the historical center of Montepulciano, a famous Renaissance village in the province of Siena nestled between Valdichiana and Val d'Orcia, lies this charming apartment to renovate. The property, which develops over two levels for a total commercial surface area of approximately 134 sqm, is set within an ancient, solidly built building and enjoys an extraordinarily panoramic and private position. Thanks to its excellent sun exposure, the generous internal layout divided into 8 logical rooms, and the presence of a splendid exclusive terrace with breathtaking views of the surrounding hills, this property represents an ideal blank canvas for those wishing to customize the spaces according to their taste, while preserving the authentic character of ancient Tuscan homes. Interior Description: The interior layout is spacious and dynamic, offering excellent configuration potential thanks to the 8 overall rooms currently waiting to be renovated. On the entrance floor, there is a spacious living area characterized by splendid natural light and enhanced by an ancient wood-burning fireplace that forms the ideal centerpiece of the living room. Adjacent is the area intended for the kitchen and dining room. The internal staircase leads to the upper level, where the flexibility of the floor plan allows for comfortable double bedrooms and modern bathrooms, alongside convenient and essential accessory rooms to be used as walk-in closets or storage spaces. The interiors, featuring good ceiling heights, present ample scope for recovering period elements or introducing high-level contemporary finishes. Exterior Description: The apartment is extraordinarily enhanced by an exclusive outdoor space that is rare to find in the historical center. The upper level provides direct access to a magnificent panoramic terrace, designed as a true open-air living room. This space offers an open and spectacular view ranging over the roofs of the medieval village and disappearing into the gentle, orderly vine-clad hills of the Sienese countryside. On the ground floor, the building housing the apartment boasts a well-preserved stone and brick facade, perfectly integrated into the historical urban fabric of Montepulciano. Main Features: Commercial surface: about 134 sqm Total rooms: 8 Bedrooms: to customize (potential 2 or 3) Bathrooms: to customize (potential 2) Structural conditions: To renovate internally Layout: On two levels (duplex) Panoramic terrace: Yes, with hill views Wood fireplace: Yes, present in the living area Heating: Independent Energy class: G (under definition) Utilities Details: The property is served by the main technological utilities, with active connections for the municipal water and electricity supply. Since this is an apartment entirely to renovate, the main technological systems (plumbing, electrical, and heating) require a complete overhaul. This condition offers the buyer complete freedom to install modern solutions geared towards energy savings and sustainability, such as an independent underfloor radiant heating system, double-glazed thermal wooden window frames, and integrated home automation systems. Uses and Potential: This property represents a top-level real estate investment in terms of versatility and positioning. Thanks to the large interior size and the presence of the spectacular panoramic terrace, the property is excellently suited both as a refined and welcoming private residence for lovers of historic Tuscany and as a luxurious holiday home to be placed in the profitable international short-term tourist rental circuit. The ability to completely redesign the interior spaces allows for optimizing the layout depending on the desired development project. Local Real Estate Market: The real estate market in the municipality of Montepulciano, and particularly within the walls of its monumental historical center, highlights a trend of great stability and constant interest from national and foreign investors. Comparative statistical analyses in the area indicate that average asking prices for apartments for sale hover around €1,540/sqm. Specifically in the historical center of Montepulciano, OMI values indicate that prices for properties to renovate start at approximately €1,400/sqm, while finely renovated properties or those with exclusive appurtenances such as panoramic terraces easily reach and exceed €2,300/sqm, up to peaks of €2,960/sqm for solutions of the highest historical value. Purchasing a 134 sqm structure to renovate therefore represents a strategic opportunity with high potential for capital gains once modernization works are completed. Tourist and Historical Information: Montepulciano is one of the most splendid pearls of the Tuscan Renaissance, perched on a tuff hill dividing Valdichiana from Val d'Orcia, a territory registered as a UNESCO World Heritage Site. The village is renowned worldwide for its extraordinary monumental architecture, which finds its highest expression in Piazza Grande, dominated by the Palazzo Comunale with its travertine facade, the Cathedral of Santa Maria Assunta, and the Well of the Griffins and Lions designed by Antonio da Sangallo the Elder. Just outside the walls stands the Temple of San Biagio, an absolute masterpiece of Renaissance central-plan architecture, also designed by Sangallo. Montepulciano is also the home of the famous Vino Nobile di Montepulciano DOCG, one of the oldest and most prized red wines in Italy, whose historic monumental cellars are dug directly into the tuff beneath the noble palaces of the historical center, creating a suggestive underground route of priceless cultural and food and wine charm. Distances: Piazza Grande and Palazzo Comunale: 350 m Temple of San Biagio: 1.5 km Pienza (Ideal Renaissance City): 13 km Chianciano Terme (Spa center): 10 km San Quirico d'Orcia: 22 km Cortona (Historic town): 30 km Siena (City of art): 60 km Perugia (Umbria Airport): 65 km A1 Highway entrance (Valdichiana): 18 km Chiusi-Chianciano Terme train station: 24 km To find out more about the flat and discover all its wonders, you will need to submit a letter of intent (LOI) and proof of identity. This process is essential to ensure the utmost seriousness and professionalism, as we deal exclusively with reliable clients who are genuinely interested in an investment.