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INTERNATIONAL REAL ESTATE | Renaissance Aristocratic Family Estate Near Florence
June 25, 2014 in Latest News

The Cambi family settled in Cambiano at the beginning of the 1500 A.C. The presence of the Cambi family in the area qualified the villa as an important landmark and architectural estate. After the sale of the villa to the Marquis Roberto Pucci, the Cambi family’s patronage over the church of San Prospero in Cambiano ended. During the 19th century, the villa operated as a farm. Several craft activities flourished, surrounding the villa, along with the agricultural activity, leading to the establishment of a Rural and Craft Savings Bank, one of the oldest in Italy, founded in 1884 as a "credit cooperative". The Pucci family owned "Villa di Cambiano" until the 1920’s, after which it was sold to the Martelli family of Florence.

About the property:

Rated one of 100 historic best properties in Italy.
Hotsprings and Drinkable water well on the property.
The structure is about 29000 sq. Feet.
Newer roof.
The largest historical dining room in Tuscany
The estate is under the national monument protection (no property tax).
The government will refund about 50% of remodeling costs.
Possibility to build a helipad

About the Area:

The construction of the freeway that has already started and should be completed within the next year. This will make Florence only 45 minutes away and the beach 50 minutes away.
A beautiful vineyard just around the corner (possibility to buy grapes for very cheap and make wine)
28 Miles from Florence (45 min drive)
41 miles from the beach (55 min drive)

Investment Options:

Partial ownership - 60/70/80%
SPA Luxury Resort Construction
Estimated Income from the SPA business - 3-3.5 mil Euros (after construction, estimated after 12-18 month of operating income)
Property needs 2-3 million Euros in remodeling.