Business Description
An old palace in Tuscany, of 48 Hectares land, plus lake, plus lot of villas in the property, they make wine and olive oil... with a hotel license and proposed at a reduced price.
It has 11 rooms, can be 40 rooms if restored, plus pool and tennis court,...
20 min from Florence;
Market price: 17 Mn Euros.
Asking price: 12 MN Euros
At 12 Mn Euros plus 7 MN to invest in works, it will be ready to use.
If the investor wishes to use the services of an “Hospitality Management & Investment Company” based in Florence, they can arrive to a good income with their management, when the property is renovated and operational.