Umbria, Terni, Fabro, Italy

Historical centre apartment with terrace and panoramic land. Between Rome and Florence, exiting the motorway in Fabro, located in the historic centre of the town near the border between Umbria and Tuscany, we find this renovated and bright house with terrace and a portion of terraced land including an olive grove in front and detached of it. The 120 sqm apartment offers a very panoramic cut-away roof terrace. The entrance is on the first floor, where we have the entering staircase connecting the living area to the second and third floor. On the second floor, the apartment is composed of a large living room (with possible panoramic balcony) with a particular stone wall with medieval elements with a panoramic balcony owning a stone wall enriched by some medieval elements, a kitchen, a dining room with fireplace divided by a beautiful arch, and a bathroom. On the third floor, two bedrooms with stone and bricks walls, a study with a large glass wall, a bathroom and a cut-away roof terrace overlooking the valley. The property is located near the main services and streets. There is also the possibility to purchase the underlying two-level stone and bricks portion of 160 sqm. It is composed of a partially renovated ground floor with a large basement room with kitchen and fireplace, a multi-purposes room, a bathroom and a cellar/cave. On the first floor, a corridor, three bedrooms, a bathroom and a panoramic balcony. The portion includes the other side of the detached olive-grove terraced-land. For this reason, there is also the possibility to purchase the entire land/garden and the whole building, obtaining so two large and independent apartments. The portion price is of 190.000€, while the whole property will be purchased for 380.000€.

State of repair
The ready to move in apartment has been renovated with high-quality traditional materials. The underlying portion, which can be purchased with further 190.000€, offers a renovated and ready to move in sleeping area, while the living rooms need to be completed. The division in ongoing.

Utilities
The property is provided with all the utilities needed.

Use and Potential Uses
The property can be a great pied a terre, but it could also be turned into two independent apartments, perfect for those who want to spend some week-ends or short holiday-periods in a very interesting area among Umbria, Tuscany and Latium. A little investment in a traditional historic hamlet, easy to reach from the centre of Italy, or, in case of the whole property purchasing and considering its location, a great investment to be used as touristic accommodation.

Location
The property is located at the beginning of the historical centre of Fabro, on the paved street. The train station is 3 km away from it. The A1 motorway exit of Fabro is a few minutes by car. Rome and Florence are reachable in about a hour, while, within 25-45 km, we find important towns, such as Orvieto, Città della Pieve,Todi, Assisi, Gubbio, S. Casciano, Pienza and Siena.

Land registry details
Great Estate Group, through the owner’s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property.

Ownership details and eventual contractual obligations
The property is owned by private individuals and the purchase will be taxed according to the current laws.