For Sale: Elegant Boutique Hotel with Agricultural Land in Gubbio, Umbria

An established hospitality venture is available for purchase in Gubbio, Umbria. This elegant boutique hotel offers comfortable rooms, a wine bar, agricultural land, and even a chapel for ceremonies. A unique investment opportunity in a picturesque part of Umbria. General Description: Located in the charming town of Gubbio in northern Umbria, this well-established hospitality business is now on the market. What was once a family residence has been transformed into a refined boutique hotel. The ground floor welcomes guests with a spacious and inviting area for appetizers, check-in, and an office, along with a versatile wine bar that can function as both a bar and a meeting room. The upper floors house a total of 9 comfortable rooms. The building also includes fifteen apartments, each with one or two bedrooms and equipped with a kitchenette. A charming chapel dedicated to San Michele offers a unique space for wedding ceremonies. The property is surrounded by approximately 30 hectares of agricultural land, featuring woods, pastures, crops, olive groves, and picturesque meadows. Depending on the mode of acquiring the business, the buyer may benefit from subsidies for agricultural land and advantages for agricultural activities. Interior Description: The hotel's 9 rooms and apartments boast comfortable and well-furnished interiors, welcoming guests into an elegant and cozy ambiance. Attention to detail and thoughtful decor ensure a pleasant and relaxing stay. Exterior Description: The property is enveloped by a scenic backdrop of agricultural land, including charming woods, expansive pastures, and captivating olive groves. The San Michele chapel adds a touch of history and offers an enchanting setting for special events. The agricultural land presents multiple utilization possibilities, representing a unique opportunity for those seeking to harness the potential of the Umbrian countryside. Uses and Potential: This hospitality business offers multiple potentials, thanks to its unique location and the combination of facilities and agricultural land. The hotel and apartments serve as a stable source of income, while the chapel adds a distinctive element for special events and ceremonies. The agricultural land, divided among various cultivation types, offers the opportunity to leverage agricultural benefits and potential subsidies. Market Analysis: Gubbio, a captivating town in Umbria, is characterized by its millennia-old history and timeless beauty. Analyzing property value fluctuations in Gubbio over the past 10 years, based on data provided by Borsino Immobiliare, unveils significant insights. Throughout this period, Gubbio's real estate market exhibited a consistent trend of rising property prices. In the initial three years, an average annual increase of 3% was noted, showcasing sustained interest. Subsequently, in the following 5 years, the area witnessed a substantial surge with an average annual growth of 6%. This pronounced increase was propelled by Gubbio's growing allure for tourists and investors, underscoring its strategic location and historical charm. In the most recent two years, growth remained steady with an average increase of 4%. This consistent upward trajectory in property values throughout the decade reflects ongoing interest in Gubbio and its ability to offer solid investments and value prospects. Touristic and Historical Information: Gubbio, situated in northern Umbria, stands as one of Italy's most captivating medieval cities. Known for its well-preserved historic center, cobblestone streets, picturesque squares, and historical landmarks, Gubbio offers visitors a journey into the past. Among its highlights is Palazzo dei Consoli, an impressive Gothic building housing the Civic Museum, offering a spectacular panorama of the city. The ancient Basilica of Sant'Ubaldo, located atop Mount Ingino, stands as a distinctive symbol of Gubbio. The Festa dei Ceri, a traditional event held every May, engages the entire community in a spectacular race with wooden ceri (candlesticks). The medieval atmosphere of the city is palpable, making Gubbio a unique place to explore. Umbria, known as the "green heart of Italy," also offers beautiful countryside, culinary traditions, and a variety of outdoor activities. Distances: Historic Center of Gubbio - On Foot Perugia - 40 km Assisi - 50 km Urbino - 70 km Arezzo - 100 km Lake Trasimeno - 60 km Ancona - 100 km Spoleto - 80 km Cascia - 80 km Monte Cucco - 30 km