Townhouse for sale in Capannori in Gragnano to be renovated

Townhouse for sale in Capannori, Gragnano locality. 100 sqm overall property to be modernized with three bedrooms, eat-in kitchen, 19 sqm warehouse, and 43 sqm independent annex. No condominium fees. General Description In the prestigious and green hillside area of Gragnano, a renowned hamlet of the municipality of Capannori in the province of Lucca, we offer for sale, on an exclusive basis, this interesting end-of-terrace townhouse of approximately 100 gross sqm. The property, set within a characteristic and quiet Tuscan courtyard context, develops on two levels above ground and is accompanied by important accessories, including an adjacent warehouse and a detached accessory building. Currently to be renovated and modernized, the property represents an ideal blank canvas for those wishing to customize finishes and internal layout, benefiting from complete independence, the absence of condominium fees, and a strategic and highly requested hillside position. Interior Description The main living quarters develop over a usable area of approximately 81 sqm distributed on two floors connected by an internal staircase. The ground floor welcomes guests with a direct entrance into the eat-in kitchen, a cozy living room, and a practical under-stairs storage room. On the first floor is the sleeping area, which houses three bedrooms and a windowed bathroom. On the back of the building, on the ground floor, is a valuable warehouse room of approximately 19 sqm equipped with an independent entrance, which offers the concrete opportunity of being internally connected to the main house to expand the living area or to create a private tavern or study. Exterior Description The property benefits from excellent usability of its external accessory spaces. Not far from the main building, the sale includes an independent building of approximately 43 sqm used as a storage room and laundry on the ground floor, complete with a covered parking space and a practical attic room above (with a wall height of 1.70 meters), an extremely versatile space to be customized according to one's needs. The shared courtyard, typical of the Lucchese rural tradition, guarantees a safe, orderly, and hospitable context, offering convenient maneuvering spaces and the availability of parking spaces for residents and guests. Main Features: Living area: approx. 81 sqm Adjacent warehouse area: approx. 19 sqm (connectable on the ground floor) Detached annex area: approx. 43 sqm (with covered parking space and attic) Rooms: 6 Bedrooms: 3 Bathrooms: 1 (with window) Kitchen: eat-in Type: end-of-terrace townhouse in courtyard context Parking: parking spaces in the shared courtyard and private covered space Heating: autonomous (LPG with cast iron radiators) Condition: to be renovated/modernized Condominium fees: none (zero fees) Energy class: G (EPI: 175 kWh/sqm year) Utilities Details The property is equipped with independent utilities requiring partial technological adaptation during the renovation phase. The heating system is autonomous, powered by LPG gas with cast iron radiators installed in all main rooms. The water supply is guaranteed by regular connection to the public aqueduct, while the drains are served by a private septic tank system. The external window frames are made of wood with single glazing protected by external aluminum shutters, while the internal flooring is in ceramic. Potential Uses This end-of-terrace townhouse offers extraordinary potential for value appreciation. It is configured as the ideal choice for young couples or families looking for a first home to renovate by taking advantage of current tax incentives, thus being able to customize the distribution of internal spaces and connect the 19 sqm warehouse to obtain a fabulous open-space living area. At the same time, the very strong tourist and food and wine vocation of the Gragnano hills makes the property a highly interesting investment to be intended for international tourist rentals, converting the 43 sqm annex into a charming guest house or a recreational space for guests. Local Real Estate Market The north-eastern hillside area of Capannori, which includes the renowned hamlets of Gragnano, San Gennaro, and Montecarlo, represents one of the most solid, commercial, and stable residential markets in the entire Lucchesia region, strongly supported by demand from both Italian and foreign buyers. Comparative statistical analysis highlights that for historical townhouses to be renovated in courtyard contexts, average sales prices range between €950/sqm and €1,300/sqm, depending on the size of the external accessories. The presence of exclusive high-surface accessories (such as the 19 sqm warehouse and the 43 sqm annex with a covered parking space) represents a premium value that significantly raises the overall commercial value of the property, guaranteeing an exceptional margin of asset revaluation once the renovation works are completed, whose post-intervention market values for the area constantly fluctuate between €1,800/sqm and €2,450/sqm. Tourist and Historical Information Gragnano is one of the most fascinating and famous hills in Lucchesia, located along the renowned "Wine and Olive Oil Road of the Lucchesi Hills". This area boasts a millenary agricultural and winemaking tradition dating back to Roman times, as evidenced by the name Gragnano itself, probably deriving from the Latin name of a land property (Granius). The surrounding landscape is a breathtaking succession of geometric vineyards and ancient olive groves, dominated by monumental Romanesque parish churches such as the splendid Parish Church of San Quirico in Petroio. Capannori is famous worldwide for being the "Land of Villas", hosting over 150 monumental historical residences built between the 15th and 19th centuries by the Lucchese nobility, among which the nearby Villa Torrigiani and Villa Mansi stand out. The strategic position allows reaching the historic fortified village of Montecarlo in just a few minutes, famous for its DOC wine, and the town of Collodi, birthplace of Carlo Lorenzini and home of the famous Pinocchio Park, making Gragnano one of the most loved destinations by those seeking nature, history, and gastronomic excellence in Tuscany. Distances: Center of Gragnano: 0.5 km Capannori (Service center): 6 km Lucca (Historic center): 10 km Montecarlo (Historic village and vineyards): 5 km Collodi (Pinocchio Park): 7 km Pescia: 9 km Montecatini Terme: 18 km A11 Highway exit (Capannori): 8 km Pisa (Galileo Galilei International Airport): 35 km Viareggio (Versilia coast): 40 km