Posts Tagged ‘investment in Tuscany’

Starting an “agriturismo” .

November 8th, 2009

 

A lot of foreigners dream of starting a new life. They are tired of their busy life, the bad climate and they dream of starting of a new life in a quiet place, in the country, preferable where the sun shines 300 days on 365.

 

One of the possibilities to achieve their dream is to open an “agriturismo”, better known as farm tourism. Most people think that the word “agriturismo” is connected to renting rooms and in the meanwhile producing their own wine, olive oil, cheese, … These products we offer to our guests and what is left we sale as “prodotti tipici” on the local market.

This responds at what we call in Italian “la dolce vita”

 

 

About 5 years ago in fact this was still reality. One bought an existing “azienda agricola” (farm) and with help from the European Community and Italy itself, installed a lot of sleeping rooms and earned a lot of money. Most of his time the owner dedicated to the tourism and what was left he spent on the production of the “prodotti tipici”.

 

But as all fairytales have an end, also this happy story finished. Because the incentives given by Europe mainly where dedicated to give some help to the farmers and because at the end of the agriculture few or nothing was left, the government decided to change the law and to avoid the abuses regarding the “agriturismo”

 

The two headlines of this law are the following:

  1. The hours to dedicate to room renting may not exceed the hours to dedicate to the agriculture

  2. The earning by the room renting may not exceed the earning by agriculture

 

This is a very important modification of the old law with consequence that an “agriturismo” has become a busy activity. To simplify the work it’s possible to hand over the agriculture in part or completely to a local farmer. With the local farmer the owner usually makes a contract and in this way the owner can spend almost all his time to the room renting and thus to the direct contact with the guests.

 

For those who are searching a balance between producing wine, olive oil, cheese, … and room renting the running of an “agriturismo” is an ideal activity. Furthermore there are a lot of tax benefits that makes it even more interesting.

 

Ing. Günther Desaever

www.livingintuscany.eu

 

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Properties with price reduction

October 13th, 2009

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This property is now for sale for 880.000 € instead of 970.000€

http://www.livingintuscany.eu/123/huis.php?id=123

This property is now for sale for 280.000 € instead of 310.000 €

http://www.livingintuscany.eu/124/huis.php?id=124

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Useful tip for future homeowners

October 9th, 2009

For those who are looking since a while on the internet and willing to compare the houseprices of last year it may seem strange that the prices are more or less stable, regarding the recent crisis. It’s true that the real estate market in Italy hasn’t suffered like countries as England or Spain. The main reason however is that most agencies and/or private owners keep the prices high. However to have an idea of the real value of the property I consider to reduce the asking price with 10 to 15%. Of course for not Italians or persons strange at this business it’s impossible to be aware of this “strange” rule but it can save you a lot of money!!!

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Tuscan real estate still a reliable investment?

September 12th, 2009

 

Although Tuscan real estate slows down, prices in the luxury sector have fallen 10 to 20 percent from where they were two years ago.

In Chianti, homes for sale are sitting for months, sometimes years. Some agents estimated that there are twice, three times as many homes on the market now as at the same time last year

For more information read this interesting article

http://www.nytimes.com/2009/08/28/greathomesanddestinations/28iht-tuscan.html

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New investment projects in the heart of Tuscany

July 15th, 2009

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Two more investment projects in the heart of Tuscany at only 30 minutes from the beautiful Florence

Investment project n° 1:
Characteristic country house on two levels of about 350 sqm on two levels with 2500 sqm of land situated in the countryside at only half an hour drive from Florence. The restoration has initiated but needs to be finished, 30% has …
Price: 365.000 €
http://www.livingintuscany.eu/125/huis.php?id=125

Investment project n° 2:
Historical Villa, dating back to the 16th century, composed of a large main building of about 650 sqm on 3 floors and a smaller building of about 65 sqm on 2 floors. The Villa is situated on a hill which …
Price: 700.000 € (negotiable!)
http://www.livingintuscany.eu/126/huis.php?id=126

 

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