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Ref. Ci322

Village / Town: Cortona town centre
Size: 100 msq
Beds / Baths: 1 / 1
Condition: To restore
Garden / Pool: No / No
Energy label: Energy certificate G
Nearest town with services: Cortona, Camucia 4kms
Price: 270.000 €
City or Zone: Cortona
Province: Arezzo
Region: Tuscany

Request information
  • Town centre apartment in prime location
  • Overlooking Piazza Signorelli
  • First floor – 100 sqm
  • Very luminous
  • 5 windows on 2 facades
  • 3 large rooms – 1 bath
  • Makes for a GREAT rental investment
  • In need of restoration/internal design

In the very centre of Cortona, overlooking Piazza Signorelli and Palazzo Casali (the town hall) a lofty, extremely luminous first floor apartment in a period building of noble origins. The apartment with windows on two facades – a total of 5 windows in all  - is approx. 90 sqm internally and consists of three spacious rooms and two smaller ones for a bathroom and storage.

Piazza Signorelli is more or less the hub of Cortona life: over the course of the year many events take place in the square, such as fairs, a weekly market, concerts and even the annual Giostra dell’Archidado which takes place on the second Sunday of June and is a historical, medieval re-enactment of the marriage and celebrations (in 1397) of Antonia Salimbeni and Francesco Casali, a local nobleman.

The apartment enjoys a front row seat for this colourful event as it does the ensuing cross bow competition which is an annual favourite for many of Cortona’s visitors. A great way to capitalize on the apartment's location, would be to rent out the apartment - at top dollar - for the weeks in which this and other events are scheduled.

The apartment, currently gutted and completed to a builder’s finish requires some building work and an interior design makeover. There are hand painted decorative motifs – to be restored - which lend it an air of importance, as do the high ceilings and large windows. It provides a wonderful opportunity for someone to display their flair for interior design and, if needed the Cortona International team can provide all necessary assistance (from A-Z/key in hand).

Interestingly, there are also fiscal incentives to be had - of up to 50% to 65% of the restoration costs sustained and applicable to non-residents.   There would also be a E.10,000 bonus applicable for new furniture.



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