Studio apartment for sale in Siena with tax deductions for renovation

Studio apartment for sale in Siena, Porta Ovile. Under renovation with tax deductions, delivery December 2024. Independent heating with heat pump, private sale. General Description: Located within Porta Ovile, in the heart of Siena, this 30 sqm studio apartment is currently undergoing complete renovation. The property offers a unique opportunity for those looking for a practically new home, with the added advantage of being able to choose all the finishes. Additionally, the buyer can benefit from tax deductions for the renovation works, providing significant savings on purchase costs. The apartment is on the ground floor of a historic building and will be delivered in December 2024. With an entrance opening onto a bright living area with a kitchenette and a bathroom, this studio is ideal both as a primary residence for singles and couples, and as an investment for short-term rentals in central Siena. Interior Description: The interiors are being completely renovated, with the possibility of choosing finishes and materials according to personal taste. The studio is designed to maximize space and provide a welcoming and functional environment. The spacious living area includes a modern, well-integrated kitchenette, while the bathroom will be fully equipped with all comforts. The ongoing works also include the installation of a crawl space and insulation to improve energy efficiency. Exterior Description: The apartment is located within Porta Ovile, one of the most characteristic and sought-after areas of Siena, a short distance from major services and historical attractions. The ground-floor location ensures easy, barrier-free access, making the property suitable for people of all ages. Utility Details: The apartment will feature independent heating with a heat pump, a sustainable and cost-effective choice that helps keep management costs low. The systems are new and designed to ensure maximum energy savings. Usage and Potential: This studio apartment is an excellent opportunity both as a primary residence for those who wish to live in the heart of Siena and as an investment for short-term rentals, thanks to its central location and the possibility of benefiting from tax deductions on renovation works. It is perfect for students, professionals, and tourists seeking a modern and comfortable solution in the historic center. Local Real Estate Market: The real estate market in Siena continues to show strong demand for well-positioned, renovated apartments in the historic center. Prices for small properties like studios and one-bedroom apartments range between 3,800 €/m² and 5,200 €/m², with growing interest in properties that offer tax benefits and modern finishes. Investing in a property at Porta Ovile represents a secure opportunity, both for personal use and for the short-term rental market, which is particularly vibrant year-round due to the presence of universities and cultural attractions. Tourist and Historical Information: Porta Ovile is one of the most picturesque historical entrances to Siena, located near the station and well-connected to the historic center, known for its monuments and medieval palaces. The city is famous for the Siena Cathedral, the Torre del Mangia, and the stunning Piazza del Campo, home to the celebrated Palio. Living in Siena means enjoying a unique quality of life, among art, culture, and renowned Tuscan cuisine. The city is well-served by public transport, making it easy to explore other iconic locations in Tuscany, such as Florence, San Gimignano, and the Val d'Orcia. Distances: Piazza del Campo: 800 meters Siena Cathedral: 1 km Siena Train Station: 1.5 km University of Siena: 500 meters Santa Maria alle Scotte Hospital: 3 km Florence: 70 km San Gimignano: 45 km Arezzo: 55 km Florence Airport: 80 km Pisa Airport: 115 km