Hotel for sale in Cortona

Hotel for sale in Cortona, Arezzo. A 1,128 sqm 4-star hospitality facility with 25 bedrooms, restaurant, elevator, and views over Valdichiana and Lake Trasimeno. Outstanding investment opportunity. General Description: Occupying an elevated, highly panoramic position just steps from the historic center of Cortona, an ancient Etruscan hill town in Valdichiana, we offer for sale this prestigious 1,128 commercial sqm 4-star hotel. Skillfully developed within a meticulously restored historic monastery, the property seamlessly blends timeless stone architecture with state-of-the-art hotel amenities and modern luxury comforts. The residence commands views of the surrounding landscape, offering guests views stretching from the Tuscan hills to Lake Trasimeno. Interior Description: The interior features open, refined accommodation space across 30 total rooms served by an internal elevator. The 252 sqm ground floor opens onto an exclusive 44 sqm courtyard leading to a reception area with back office and technical rooms. This level hosts two lounge rooms, one centered around a heating fireplace, a bar area with direct garden access, guest restrooms, fully equipped professional kitchens, a walk-in cold room, and a breakfast dining room with buffet space. The upper levels (first, second, and third floor) accommodate 25 finely furnished bedrooms with en-suite bathrooms, structured into 2 single rooms, 2 small rooms, 4 classic rooms (two of which are accessible for guests with limited mobility), 6 superior rooms, 2 superior rooms with panoramic views, 6 deluxe rooms, and 3 spacious panoramic suites measuring approximately 55-60 sqm each. The 77 sqm basement includes operational facilities such as staff locker rooms, staff bathrooms, a laundry room, central heating plant, water storage tanks, and storage rooms. Exterior Description: The property offers outdoor spaces for relaxation and outdoor hosting. Key features include a private 44 sqm ground-floor courtyard paired with a manicured garden connected directly to the bar and breakfast dining hall, creating a setting for evening drinks and outdoor gatherings surrounded by green foliage against the backdrop of the Valdichiana valley. Main Features: Main Features: Total surface area: approx. 1,128 commercial sqm (Ground floor 252 sqm + Basement 77 sqm + Guest floors) Total rooms: 30 Bedrooms: 25 with en-suite bathrooms (including 3 panoramic suites of 55-60 sqm) Bathrooms: 25 en-suite bathrooms (plus guest restrooms and staff facilities) Floor: Multiple levels served by internal elevator Condition: Excellent (finely renovated historical building) Heating: Autonomous (heating fireplace and centralized system) Air conditioning: Present in all rooms Amenities: Professional kitchens, bar area, breakfast room, 44 sqm courtyard, staff lockers, and laundry room Energy performance: Class D Utility Details: The hotel is equipped with technical utility systems compliant with 4-star hospitality regulations. Heating is autonomous, complemented by an inverter air conditioning system across all rooms. The property connects to municipal water and electricity grids, supported by a central heating plant, back-up water storage systems, and dedicated utility rooms. Uses and Potential: The property operates as a 4-star hotel backed by an established domestic and international clientele. The combination of its position in Cortona, the historical heritage of the former monastery, a total capacity of 25 guest bedrooms, and an Energy Class D rating makes this property a yield-generating real estate investment in the Tuscan tourist circuit. Local Real Estate Market: The real estate market in the municipality of Cortona and its historic center demonstrates steady demand, supported by international tourism. For standard residential properties across the municipality, average sale prices stand around €2,024/sqm, ranging from €483/sqm for properties requiring renovation to €2,350/sqm for villas and country houses. Looking specifically at historic commercial and hotel properties located close to the historic town center, valuations are higher, averaging between €2,800/sqm and €4,200/sqm depending on operational yields, interior finishes, and commercial hotel licenses. Tourist and Historical Information: Cortona is one of Tuscany's oldest hill towns, standing at 600 meters above sea level overlooking the Valdichiana near the border with Umbria. Founded in pre-Hellenic antiquity and once a leading city of the Etruscan Dodecapolis, the town retains ancient cyclopean stone walls and historic gates such as Porta Bifora and Porta Santa Maria. The historic center revolves around Piazza della Repubblica, dominated by the 14th-century Town Hall with its stone staircase, and nearby Piazza Signorelli. The city hosts cultural institutions such as the MAEC (Museum of the Etruscan Academy and the City of Cortona), home to the Tabula Cortonensis and a 4th-century BC Etruscan bronze chandelier, as well as the Diocesan Museum, which displays Beato Angelico's Annunciation and works by Renaissance master Luca Signorelli, a native of Cortona. Atop the hill stand the Girifalco Fortress and the Basilica of Santa Margherita, while a short drive from the center leads to historical sites including the Le Celle Franciscan Hermitage, founded by Saint Francis of Assisi in 1211, and the Sodo Archaeological Park featuring Etruscan burial mounds. Distances: Distances: Cortona Historic Center (Piazza della Repubblica): 300 m MAEC / Diocesan Museum: 400 m Girifalco Fortress: 1.5 km Le Celle Hermitage: 3 km Camucia-Cortona Train Station: 4 km Lake Trasimeno (Tuoro sul Trasimeno): 15 km Arezzo: 28 km Montepulciano: 30 km Perugia San Francesco d'Assisi Airport: 60 km Florence Amerigo Vespucci Airport: 115 km