DIY TUSCAN MEDIEVAL HILLTOP VILLAGE - Fancy the ultimate in DIY? Well what about renovating a Medieval Village? If you are one of those people who relishes at the chance to get your hammer and drill out, and the thought of a renovation project or complete remodel is just the thing, then you might want to consider this amazing Tuscan Medieval Hilltop Village that is available on eBay for the princely sum of £2 million.
While the asking price is not bad, considering it is an entire Village of 25 properties and adjoining farmlands, you could quite easily spend 10 times this amount restoring this 800 year old village to its former glory.
So what sort of state is the village in? Are we talking a little plasterwork and a good cleaning? Unfortunately the answer is “no” as this tiny hamlet has been abandoned for over 50 years and is why it will probably take several millions more to bring it back to life.
It goes without saying that if you neglect a building, or in this case buildings, then over time they will become ramshackled and eventually, as with many of the buildings in the village, collapse.
Regardless of the price, this wonderful hamlet sits on a rolling Tuscan countryside with views that alone are worth every penny.
Unless you have been living in Antarctica for the last couple of years, without any form of communication with the outside world, then you’ll be fully aware that Europe is having a hard time financially.
“It’s a unique opportunity to own your very own Tuscan hamlet – and the price is a complete bargain. Where else would you get all those buildings, land, panoramic view, plus all the history for the price?” Carlo Magni, Estate agent LPQ Immobiliare.
The Italian Government has been furiously trying to reduce its Public Debt of £1 Trillion with the sale of public land and buildings. Some 9,000 properties owned by the state came up for sale last year and included Palaces, Castles, Islands, Land and other properties.
Maybe now is the time to invest in property again due to the massive downturn in the property market and surely if you can afford and renovate a property such as this Tuscan Village then you should be on to a fairly good return once the property market starts to recover.
So there you have it… if you’re up for some serious DIY and you’ve got the odd few million lying about, this could be just the property you’ve been looking for.