Luxury Historic Palace with Lake Trasimeno View for Sale in Panicale, Umbria

Explore this magnificent historic palace for sale in Panicale, Umbria, with panoramic views of Lake Trasimeno. With a 4.4-hectare park, a breathtaking pool, and independent apartments, it presents a unique opportunity for those seeking a luxury residence in the picturesque Umbrian landscape. General Description: Located in Umbria, a short distance from the renowned Perugia, this luxury historic palace is currently for sale. With an interior space of approximately 3,000 sqm, the palace spans three levels, creating an imposing and majestic structure. Currently hosting a high-end hotel, its spacious reception rooms are ideal for ceremonies and events. A portion of the building is dedicated to residences, comprising four buildings housing a total of 22 fully furnished independent apartments, offering a total of 70 beds. The interiors reflect the traditional Umbrian style, utilizing high-quality materials. Interior Description: The palace's interior exudes the elegance and charm of Umbria. The expansive and luminous spaces are adorned with exquisite details and refined furnishings. Immersed in an atmosphere of timeless elegance, the rooms offer comfort and sophistication. The palace preserves the historical and cultural ambiance of the region, creating an authentic and unforgettable experience. Exterior Description: The palace is enveloped by a picturesque park of approximately 4.4 hectares, within which a magnificent pool is nestled. Positioned at the highest point of the estate, the pool provides an unparalleled panoramic view of Lake Trasimeno and the surrounding countryside. The park, enriched by olive groves and meticulously manicured green spaces, offers an ideal setting for leisurely strolls and moments of tranquility. Uses and Potential: This property offers multiple possibilities for utilization. Currently designated as a luxury hotel and residence, the palace can be maintained as such or converted into a prestigious private residence. The presence of independent apartments also offers the opportunity to establish a charming hospitality or accommodation structure, capitalizing on Umbria's allure. Market Analysis: The real estate market in Umbria has shown consistent growth in recent years. In 2023, the average price of properties for sale in Umbria is around €2,300 per square meter. Despite some economic fluctuations, the region has maintained its appeal to buyers interested in investing in luxury properties, thanks to its natural beauty and cultural heritage. Tourist and Historical Information: Panicale is a charming Umbrian municipality located near Perugia. The region is characterized by breathtaking landscapes, historic villages, and cultural treasures. Lake Trasimeno, one of Italy's largest lakes, offers opportunities for outdoor activities such as boat excursions and panoramic walks. Distances: Perugia: Short distance Lake Trasimeno: Front view Cortona: 30 km Assisi: 40 km Arezzo: 50 km Siena: 90 km Florence: 150 km Orvieto: 70 km Montepulciano: 40 km Gubbio: 60 km