Rustic farmhouse for sale in Citerna, nestled in the Tuscan hills

Villa for sale in Citerna, Perugia. Beautiful rustic farmhouse with 325 sqm of space, 6 bedrooms, 5 bathrooms, pool, and an olive grove in production. Ideal for private residence or tourism investment. General Description: In Citerna, near Arezzo and just a few steps from the city, we offer this unique and beautifully restored Tuscan villa. The villa spans two floors and includes three living areas. The property, surrounded by a well-maintained park of 8,200 m², offers a panoramic pool, an olive grove in production, and large terraces with views of the Tuscan hills and the village of Monterchi. It is an excellent choice for those seeking an exclusive private residence or a tourism business opportunity. Interior Description: The villa features large and bright spaces. On the ground floor, there is a majestic reception hall, a storage room, and a corridor. From here, you enter a second living area, currently set up as a guest wing, with 2 kitchens, 2 bathrooms, 4 multifunctional rooms, a breakfast room, and a lounge, all with access to the external terrace. Four bedrooms complete this floor. On the first floor, accessed via a typical external Umbrian staircase, there is a spacious apartment with a fully equipped kitchen, an antique fireplace as the centerpiece, and a 15 m² panoramic terrace. This floor also includes two bedrooms, 2 bathrooms, a guest bathroom, a living room with wooden beams, and a small office. Exterior Description: The villa is set within a park of 8,200 m², featuring cypress trees, cacti, and southern plants. The property includes an olive grove with about 110 trees in full production. Two electric gates provide access to the property, which features a 10 x 5 m pool and a terrace facing southwest with panoramic views. A large courtyard with a fountain and covered parking for 2-3 cars completes the exterior, along with a covered winter garden. Main Features: Total area: 325 m² Bedrooms: 6 Bathrooms: 5 Park: 8,200 m² Olive Grove: 110 trees in production Pool: 10 x 5 m Courtyard: large with fountain Parking: covered for 2-3 cars Panoramic Terrace: 15 m² Heating: autonomous Water: present Electrical system: present Utility Details: The property has independent water and heating systems. The electrical system is fully functional and suitable for the villa’s needs. Uses and Potential: This stunning villa is perfect for either private residence or to be rented out. With its prime location near Arezzo, Città di Castello, and other tourist destinations, it is ideal for agritourism or bed and breakfast activities. The pool, olive grove, and expansive indoor and outdoor spaces make this property perfect for hosting events and luxury stays. Local Market Analysis: Properties in the Citerna and Arezzo Area: The real estate market in Citerna, located in the province of Perugia, has seen growing demand in recent years. Rural and historic properties in this region are highly sought after, thanks to the beautiful landscape, tranquility, and proximity to historic cities like Arezzo, Città di Castello, and Perugia. In particular, restored Tuscan villas and rustic farmhouses, like the one for sale, are in high demand from both private buyers and those seeking a tourism investment. Price per Square Meter: In the Citerna area and surrounding regions, property prices vary depending on specific characteristics such as location, the condition of the property, and the presence of agricultural land. Residential properties like villas and restored farmhouses in good condition can range from €1,500 to €2,500 per square meter. Luxury villas or those with large agricultural land (like this property) may command higher prices. Properties with Pools and Large Gardens: Villas with pools, well-maintained gardens, and typical Tuscan features, such as an olive grove and a panoramic pool, are particularly sought after. Properties with pools in areas like Citerna see an increase in value, with the price per square meter potentially reaching €2,500/m² or more, depending on the quality of the property and its location. Tourist Residences and Agriturismi Market: Properties with large grounds, agritourism facilities, or tourism destinations are highly valued in this area due to the growing demand for vacations in Tuscany. Villas like this one, which could be converted into an agritourism business, are in high demand. In this case, the property could be worth more due to its potential to generate income through tourism activities. Properties with a license for agritourism or bed and breakfast use are valued more in the local real estate market. Overall Property Valuation: The Citerna villa, with 325 m² of space, a pool, garden, and an olive grove in production, is an excellent example of a luxury property in the area. With an average market price of €2,000/m² for properties with these features, the villa could be valued at around €650,000, considering its condition, the quality of materials, and its potential for generating income. Land and Agricultural Property Values: Agricultural land in the Citerna area, such as olive groves and gardens, is valued between €20,000 and €40,000 per hectare. The olive grove, with 110 trees in full production, adds significant value to the property, as olive oil production in Tuscany is highly appreciated and in constant demand. Tourist and Historical Information: Citerna is a medieval village rich in history, located close to Arezzo, famous for its traditions, local cuisine, and natural beauty. The area is also close to other famous Tuscan cities such as Assisi, Pienza, and Anghiari. The presence of numerous cultural and historical itineraries in the region makes Citerna an ideal destination for tourism. Additionally, the proximity to the E45 and A1 highways allows easy access to major Tuscan and Umbrian cities. Distances: Arezzo: 30 km Città di Castello: 20 km Perugia: 50 km Assisi: 1 hour Florence: 1.5 hours Rome: 3 hours Anghiari: 10 minutes E45 (towards Bologna/Perugia): 10 minutes A1 (towards Florence/Rome): 45 minutes