Terraced Building for Sale in Monteriggioni, Santa Colomba – In Need of Complete Renovation

For sale in Monteriggioni, Santa Colomba, a terraced building in need of complete renovation. Three units with potential for commercial or residential conversion. General Description: We offer for sale a terraced building of old construction, located in the Santa Colomba district of Monteriggioni. The property is free on three sides and is currently divided into three real estate units: two residential and one commercial. The building requires a complete renovation, offering the possibility to convert the commercial space on the ground floor into a third residential unit or, alternatively, into a garage or storage area. The quiet and strategic location of Santa Colomba, close to major communication routes, makes this property attractive both as a main residence and as an investment for tourist rentals or commercial activities. Interior Description: The building is spread over several levels, with the two residential units located on the upper floors and the commercial unit on the ground floor. The interiors require a complete renovation, with the opportunity to reorganize the spaces to suit modern living requirements. Currently, the rooms are large with high ceilings and wide windows that provide plenty of natural light. The ground floor, originally intended for commercial use, offers great versatility: it can be converted into an additional residential unit or used as a garage or storage space. The building’s historic features, such as stone walls and wooden-beamed ceilings, can be restored to enhance the property’s authentic charm. Exterior Description: The building, free on three sides, offers good exposure to natural light and is located in a quiet area of Santa Colomba, Monteriggioni. The property faces a low-traffic street, ensuring privacy and tranquility. Externally, there is the possibility of creating outdoor spaces such as a courtyard or garden, ideal for those looking to have an outdoor area. The conversion of the ground floor into a garage or storage space would add significant value to the property, increasing its versatility. Utility Details: The property is already connected to the main utilities, such as water, electricity, and gas. However, the necessary renovation offers the opportunity to update the systems and improve the building’s energy efficiency. This will allow the property to meet modern living standards, with more efficient and sustainable electrical and plumbing systems. Uses and Potential: This property is ideal for those looking to create a custom home, possibly dividing the residential units among family members or using them as an investment. The possibility of changing the use of the commercial space on the ground floor into an additional residential unit or garage makes the property highly versatile. The building could also be used for tourism purposes, given its prime location near Monteriggioni, one of the most visited locations in Tuscany. Local Real Estate Market: Monteriggioni and its districts, such as Santa Colomba, are highly sought-after areas due to their proximity to Siena and the charm of their historic and scenic surroundings. The local real estate market is characterized by increasing demand for properties in need of renovation, particularly those with historic features that can be restored and enhanced. In this area, property prices range from €2,200/m² to €3,000/m², with strong growth potential due to the continuing demand from those seeking homes in a tranquil setting yet well connected to Tuscany’s major art cities. Tourist and Historical Information: Monteriggioni is one of the most enchanting medieval villages in Tuscany, famous for its imposing city walls and breathtaking views over the surrounding countryside. Its strategic location between Siena and Florence makes Monteriggioni a highly appreciated destination for tourists interested in both its history and the beauty of the surrounding landscape. Near Santa Colomba, several tourist attractions can be found, including Monteriggioni Castle, the Via Francigena pilgrimage route, and various nature trails that wind through the Tuscan hills. The area is also renowned for its vineyards and production of extra virgin olive oil. Distances: Monteriggioni: 10 km Siena: 15 km Florence: 60 km Colle di Val d’Elsa: 20 km San Gimignano: 35 km Florence Airport: 70 km A1 Motorway: 30 km Siena Train Station: 12 km Volterra: 50 km