Apartment for Sale in Montepulciano

Apartment for sale in Montepulciano, Siena. Renovated property with two bedrooms, mezzanine, and private garden. Ideal as a residence or a tourist investment in the heart of Tuscany. General Description: In the heart of Montepulciano’s historic center, inside a 15th-century palace that once housed an ancient hospital with a chapel, this elegant first-floor apartment is now available for sale. The property is part of a building with three residential units spread over three levels, featuring high ceilings and large windows that ensure bright and airy spaces. Recently renovated with parquet flooring, the apartment is arranged on a single level and consists of a living room with a dining area, a kitchen, two bedrooms, and a bathroom. Additionally, the property includes large mezzanines that can be used as additional bedrooms or multifunctional spaces. A private courtyard garden on the ground floor completes the property. Thanks to its central location, with shops and restaurants within walking distance, and its unique features, the apartment is perfect both as a primary residence and as a tourist rental investment. Interior Description: The apartment features spacious and well-designed interiors. The living room, with high ceilings and large windows, creates a bright and inviting atmosphere, ideal for relaxation or entertaining guests. The separate kitchen is functional and well-equipped, making it perfect for cooking enthusiasts. The two bedrooms are generously sized and have large windows that provide excellent natural lighting. The modern bathroom, finished with high-quality materials, completes the sleeping area. The mezzanine levels, accessible via an internal staircase, offer additional space that can be adapted for various uses, such as extra bedrooms, a study, or a hobby area. Exterior Description: On the ground floor, the apartment features a private courtyard garden, a peaceful retreat in the heart of Montepulciano’s historic center. This exclusive outdoor space is perfect for al fresco dining, relaxation, or cultivating a small urban garden. The property is situated in a historic building, offering a charming and culturally rich environment, with Montepulciano’s main attractions just a few steps away. Main Features: Living area: 120 sqm Bedrooms: 2 Bathrooms: 1 Mezzanine: Present, usable as additional living spaces Private garden: Yes, on the ground floor Floor: First Flooring: Parquet Ceilings: High, with historic features Condition: Finely renovated Energy class: Under evaluation Utilities Details: The property is equipped with autonomous heating, ensuring independent consumption management. The electrical and plumbing systems have been recently upgraded during the renovation, guaranteeing efficiency and compliance with current regulations. Usage and Potential: Thanks to its privileged location in Montepulciano’s historic center, the apartment is ideal as a primary residence for those who wish to immerse themselves in Tuscany’s history and culture. Given the area’s high tourist influx, the property also represents an excellent investment opportunity for short-term rentals or vacation homes, ensuring a steady income throughout the year. Local Real Estate Market: As of January 2025, the real estate market in Montepulciano registers an average selling price of approximately €1,577 per square meter, slightly lower than the provincial average of Siena (€2,023 per square meter). Over the past two years, prices have remained stable, with a slight decrease of 0.44% compared to the previous year. This stability makes Montepulciano an attractive area for investors, offering high-value properties in a prestigious location. Compared to other towns in the province, such as Pienza (€2,990/m²) and Montalcino (€2,323/m²), Montepulciano offers more affordable prices while maintaining a high quality of life and strong tourist appeal. Tourist and Historical Information: Montepulciano is a charming medieval village situated on a hill between Valdichiana and Val d'Orcia. Internationally renowned for its prestigious Vino Nobile wine, the town boasts a rich historical and cultural heritage. Strolling through its streets, visitors can admire Renaissance palaces, historic churches, and breathtaking panoramic views of the Tuscan countryside. Key attractions include Piazza Grande, the Cathedral, and the Pulcinella Tower. The town hosts numerous cultural and food & wine events throughout the year, attracting visitors from all over the world. Montepulciano’s strategic location allows easy access to other renowned Tuscan destinations, making it an ideal base for exploring the region. Distances: Siena: 70 km Florence: 120 km Pisa: 150 km Rome: 180 km Lake Trasimeno: 30 km Pienza: 15 km Montalcino: 40 km Chianciano Terme: 10 km Chiusi Train Station: 25 km Perugia Airport: 75 km