The Old Mill, Bagni di Lucca
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A fantastic investment opportunity and stunning location for that authentic Tuscan experience 12 months of the year.
Perched on the banks of the river Lima, surrounded by mountains…. you cannot fail to be impressed by ‘Il Vecchio Mulino’. Ideal as an investment opportunity or holiday home prices start from 115,000 Euros. Close to ski slopes of Abetone, walled city of Lucca, & beaches of Versilia . Spa facilities, shops, restaurants and tennis are within walking distance. Good airport accessibility…what more can you ask for?
The building was originally a paper mill which is currently being converted in to 45 riverside apartments (studios, 1, 2 and 3 beds available) with a swimming pool. (20 of which have already been sold)
The property is protected under the ‘Belle Arte’ which means that all original features must be restored to their former glory. Situated in the pretty spa town of ‘Bagni di Lucca’ (a favourite of Lord Byron and Percy Shelley) these lovely apartments are within walking distance of tennis courts (indoor and outdoor floodlit courts), a supermarket, several restaurants, Natural thermal spa facilities, only 25 km from sought after Lucca, 45 km ski slopes of Abetone or 50 Km beaches of Versilia.
Il Mulino’s close proximity to skiing and the indoor tennis and spa facilities make these apartments a viable rental option even in the winter. Good airport accessibility (Pisa airport is serviced by approximately 14 UK airports) also makes this development an excellent choice for busy people looking for a year-round getaway in Tuscany. Bridgewater can help to market your property holiday rentals on this website. Weekly rentals vary depending on size of apartment and standard of furnishing.
Il Vecchio Mullino is due to be completed in 18 to 24 months. There will be a management service available at a cost of approximately 1,500 Euros per anum. Prices, availability and plans available on request but as we always say…come and see for yourself. Cheap flights to Pisa available with Ryanair and other low-cost airlines. We will be happy to recommend accommodation for you and show you around the property at your convenience.
MORE ABOUT THE AREA:
Elegant ’Bagni di Lucca’ originally known by the Romans and popular in the Middle Ages, reached the height of its fame at the beginning of the 19th century when Napoleon’s sister, Eliza Bonaparte, restored the spa buildings and made this little town near Lucca a favourite destination for scholars and musicians from all over Europe.
Over the years, many illustrious visitors spent time taking the therapeutic waters of Bagni di Lucca including; Giaccamo Puccini, Shelley, Byron and Browning.
Located in a quiet and relaxing corner of Northern Tuscany with few foreign tourists, this charming village is surrounded by wooded hills and winding streams.
Today, many city dwelling Italians choose to have their second homes. There are two spas, a thermal beauty centre, and two natural steam grottos. An ideal location for total rest and relaxation!!! Also, a large lido where visitors can relax & swim in the thermal waters plus indoor thermal pool for year round use.
KEY FEATURES:
• 19th Century renovated mill.
• Riverside setting.
• Genuine village with future potential for growth.
• Choice of 1, 2 & 3 bedrooms including duplex apartment.
• Some with terraces / outside area.
• Parking.
• Shared swimming pool & garden areas.
• Fabulous views over river & surrounding hills.
• Top quality design & finish.
• Typical Tuscan features including beamed ceilings.
• Good rental potential. Marketing service for rental available.
• Completed in 18 – 24 months. Estimated that off plan purchases are worth 25% more on completion.
DISTANCES:
- 45 Km Ski resort of Abetone
- Lucca 25 Km New road link to Lucca, makes magical Tuscan cites even closer.
- 60 Km Pisa airport / 50 Km Florence
- Train service from Pisa and Lucca.
- 50 Km Coast. The beach at Marina di Pietrasanta less than an hours drive.
PAYMENT STRUCTURE:
- 3,000€ Reservation fee (Refundable)
- 35% to be paid in 30 days (less reservation fee)
- 65% on completion
- Please do not forget to allow for VAT (10%) and legal fees (Aprox 3%) plus the installation of your kitchen. (From approx 1,000 Euros
Completion Date: Dec 2008 |
