Agricultural Land for Sale in Montepulciano

For sale: 8900 sqm agricultural land in Montepulciano, with noble vineyard and olive grove, complete with artesian well, warehouse and approved project for agritourism. General Description: For sale is a plot of 8900 sqm in Montepulciano, of which 6000 sqm are dedicated to a noble vineyard of Montepulciano and the rest to an olive grove with about 90 trees, partly arable. The land includes an artesian well with pump and Enel meter, and a 20 sqm masonry warehouse. Additionally, the seller has an approved recovery plan from the municipality of Montepulciano for the construction of a 95 sqm building and a 214 sqm agritourism facility, featuring a communal salon, 3 bedrooms, bathroom, technical rooms, and a pool. The project for the structure is already paid for and is included with the land along with 75 sqm of existing volumes to be recovered. Energy Class: Not subject. Uses and Potential: The land offers multiple opportunities, being ideal for the realization of an agritourism or for the production of quality wine and oil. The approved project adds value and immediate development potential. Local Real Estate Market: In December 2023, the average price per square meter for residential properties for sale in Montepulciano was €1,579, with a 6.95% decrease compared to the previous year. The real estate market has shown an overall increase of 1.1% over the last 9 months​​​​​​​​. Tourist and Historical Information: Montepulciano, known for its Vino Nobile, is a town rich in history and traditions in the Val di Chiana of Siena. Key attractions include the Palazzo Comunale, Palazzo Contucci, the Temple of San Biagio, and the Church of Madonna di San Biagio. Each year, the town hosts events such as the Anteprima del Vino Nobile di Montepulciano and the Bravìo delle Botti​​​​​​​​​​. Distances: Siena: 50 km Florence: 120 km Perugia: 70 km Rome: 180 km Pienza: 15 km San Quirico d’Orcia: 25 km Montalcino: 40 km Bagno Vignoni: 20 km Chiusi: 30 km Chianciano Terme: 15 km