Historic Hotel for Sale in the Center of Umbertide

Historic hotel for sale in the heart of Umbertide. 19th-century building with an approved project for a boutique hotel with 10 rooms, restaurant, and bar. Centrally located, ideal for investment in the hospitality sector in Umbria. General Description: Located in the historic center of Umbertide, this elegant 19th-century brick building represents a unique opportunity for investment in the hospitality sector. Currently under development, the property has an approved project to transform it into a boutique hotel featuring ten rooms, a spacious dining room, and a fully operational bar. Situated in a quiet yet central area, the property is easily accessible on foot and includes parking available in the adjacent square. The building spans four floors and underwent renovations in the late 1990s. A project for the installation of an elevator has already been proposed, further enhancing accessibility. Interior Description: The interior spaces are spread across multiple levels, designed for comfort and functionality. The basement houses a fully equipped professional kitchen with a dumbwaiter and refrigeration systems, technical rooms, a laundry area, storage spaces, and restrooms. The ground floor features a welcoming hall with a reception desk, a bar, and a spacious dining room. The first floor includes a TV lounge, which could easily be converted into two additional rooms, a storage area, and two en-suite bedrooms. The second floor hosts four bright and airy bedrooms with en-suite bathrooms and a small room used as a wardrobe. The third floor offers an additional four en-suite bedrooms. The fourth floor contains an attic with a service bathroom. All rooms are spacious and equipped with modern amenities. A renovation project is in place to modernize the furnishings and accessories, enhancing the overall appeal of the property. Exterior Description: The building is located in the heart of the pedestrian area of Umbertide’s historic center, providing a peaceful and private atmosphere. The brick facade, typical of the local architecture, adds unique charm to the property. The strategic location and nearby parking facilities in the main square increase the convenience and value for future guests. Utilities: The property features modern systems with autonomous heating. All utilities are active and functional, ensuring efficient and reliable operations for the hotel. Uses and Potential: Thanks to its prime location in the heart of Umbertide and its historical architectural features, this property is ideal for conversion into a boutique hotel. The proximity to significant cultural and tourist attractions makes it an excellent investment for both domestic and international tourism. Market Analysis: The real estate market in Umbertide shows an average value of approximately €1,214/m² for residential properties. However, historical buildings intended for hospitality use, like this one, command higher values due to their uniqueness and income potential. The increasing demand for boutique hotels in Umbria, renowned for its high-quality tourism, ensures strong prospects for a profitable investment. Touristic and Historical Information: Umbertide is a town rich in history and culture, located in the Upper Tiber Valley. Notable landmarks include the Rocca, a 14th-century fortress symbolic of the town, and the Church of Santa Maria della Reggia, a Renaissance masterpiece. Within a short distance, visitors can explore other iconic Umbrian destinations such as Perugia, Assisi, and Lake Trasimeno. The surrounding area offers a perfect blend of cultural and natural attractions, providing an authentic and memorable experience for guests. Distances: Perugia: 30 km Assisi: 50 km Lake Trasimeno: 35 km Città di Castello: 20 km Gubbio: 40 km Umbria International Airport: 40 km Montone: 10 km Hermitage of Montecorona: 5 km E45 Highway: 2 km Umbertide Train Station: 1 km