Many potential Fly to Let investors are tempted to buy an Italian rustic ruin with the intention of restore it to its former glory. However, turning a tumbledown building into an idyllic holiday home can be fraught with hazards: people often realise too late that the required renovation is beyond their financial and practical means.
Italian Property an independently operated real estate agency provides a bespoke restoration service to help buyers and has a number of historic houses, ripe for restoration, available in a relatively undiscovered area of unspoilt Umbria.
Often touted as ‘the new Tuscany’, Umbria offers undulating olive groves, Renaissance towns and traditional houses.
With its environment under enforced 'no new build' protection laws and annual appreciation beating the credit crunch, Umbria has the property renovation potential to match its dramatic landscape.
Anthony Dunkley, founder of Italian Property says: “Beautiful old buildings in need of restoration are highly demanded in the UK, and buyers can be seduced by any stone ruin within reach of a Ryanair flight. But without an understanding of the architecture, the right restoration skills and on-the-ground knowledge of building regulations, your rustic retreat could turn into the holiday home from hell.
“I founded Italian Property over 20 years ago, long before property development programmes became a TV staple, and we work with people that have been in the area for generations and understand the local methods and materials.”
Italian Property offers clients a complete 'key-in-hand' service - from their initial enquiry through to the first day of occupancy. A recognised expert in the restoration filed, it steers buyers through the maze of local planning permissions, helps source suppliers of authentic materials, sets tight spending controls, and provides a team of builders and craftsmen well versed in traditional techniques.
Restoration properties available in Umbria range from farmhouses packed with original features such as handmade terracotta floors, vaulted ceilings, exposed beams and arched doorways, to those mostly in ruins, allowing the buyer to work with the footprint of the property and design the rebuild to their own requirements using salvaged materials.
All the properties sit on substantial tracts of land and command panoramic views of the surrounding countryside. Prices start at € 280,000.
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