Historic Palace with View of Marmore Falls for Sale in Terni

Magnificent historic palace for sale in Terni, Umbria, with breathtaking views of the Marmore Falls and Piediluco Lake. General Description: This magnificent historic palace is located in a breathtaking location in Terni, Umbria, not far from one of the highest and most fascinating waterfalls in Europe, the Marmore Falls. The view extends to Piediluco Lake. The prestigious property seems to have been built by ecclesiastical orders to provide assistance to pilgrims and travelers coming from all over Europe. This is because they crossed this precise branch of the Via Francigena: Assisi, Spoleto, Greccio, Rome. The location was therefore strategically chosen as a meeting and arrival point. Interior Description: The building is of historical interest, dating back to 1625, and develops on a central body composed of various appendices dating back to different subsequent epochs. In one wing, on the west side, there is a small chapel, in which liturgies were celebrated, on particular family occasions, until a few years ago. This building was built by the Monte di Pietà, as reported by an inscription above the main entrance, and probably destined for many years as a convent and shelter for travelers. Inside, a large staircase connects two large floors with vaulted ceiling rooms. The apartment for sale is spread over 600 sqm and consists of 12 rooms. Exterior Description: On the main facade, there is a large arch with an androne towards the door. On the sides of the androne, there are two large rooms, Gabelle, used at that time to collect duties and give a first welcome to travelers. All this happened outside the door to ensure safety inside. The door has slots on the sides to assess who presented themselves and an upper hatch to discourage those who intended to attack. Cellars and caves for food reserves dug into the rock are the backdrop to the large rooms. Uses and Potential: This historic palace offers various potentialities. It can be used as a private residence, accommodation facility, or as an investment for holiday rentals. Its strategic location, close to natural and historical attractions, makes it an attractive option for various uses. Market Analysis: As of July 2023, the average asking price for properties for sale in Terni was €1,564 per square meter, compared to the provincial average of €1,987. These data indicate that the real estate market in Terni is slightly more affordable compared to the provincial average. However, it is important to note that the average price per square meter in Terni increased by 6.57% compared to the previous year, reaching €1,447. This price increase suggests that the demand for properties in the area is growing, making this an ideal time to invest in the real estate market of the region. Buyer's Advice: Considering the increase in property prices in Terni, it is advisable to act quickly if you are interested in purchasing a property in the area. Investing in a historic property like this palace, with its rich history and proximity to natural attractions, offers a unique opportunity to own a piece of paradise in the breathtaking Umbrian countryside. Furthermore, the opportunity to transform the property into an accommodation facility or a holiday rental offers additional economic advantages. Tourist and Historical Information: Terni is a city rich in history and culture, located in the heart of Umbria. In addition to the famous Marmore Falls, the area also offers several other tourist attractions, such as Piediluco Lake and the Via Francigena. Moreover, the city of Terni is known as the "City of Lovers" because it is the birthplace of Saint Valentine, the patron saint of lovers. Distances: Marmore Falls: 7 km Piediluco Lake: 15 km Spoleto: 30 km Assisi: 50 km Rome: 100 km Perugia Airport: 80 km Rome Ciampino Airport: 110 km Rome Fiumicino Airport: 130 km