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Property for sale information

 
Castello di Casole, Tuscany, Italy  
Reference nr: PI123705
Description:

Castello di Casole is an exceptional 4,200 acre historic estate in an unmatched private resort featuring traditional and authentic "Casali" farmhouses and a 5 star boutique hotel in the restored Castello.

The setting of the estate is an intimate reflection of the 18th century Tuscan landscape that boasts cultivations of cereals and legumes, plantations of fruit-bearing trees, olive groves and vineyards.

Creating exceptional private resorts that foster a sense of personal ownership and cater to the lifestyle of discerning vacationers has been established by the Timbers Resorts, among the leaders in the ultra-luxury resort industry. The vision to provide an unparalleled Italian experience combined with Timbers' expertise in private luxury resort-residence development promises to make Castello di Casole one of the most remarkable properties in the world.

Commanding fantastic sites throughout the property are the ruins of modest farmhouses or Casali. Each Casali is unique and separately designed with their own custom style, layout and colour scheme. Each Casale farmhouse is a collection of main home and outbuildings, which now serve as unique and inviting guest quarters. Indoor spaces for each home are 370m2 - 650m2. They are organised around a series of glass-tiled, infinity edge pools and hand set stone patios and warmed by original wood burning ovens.

The restoration of the Castello itself is as enchanting as the original collection of buildings that command the highest point on the property. At its heart will be an intimate 5-star boutique hotel with suites created in the grand and authentic Tuscan style. There will be fine and casual dining rooms that open to terraces and a pool, as well as a venue for more formal gatherings. A world-class spa and fitness center will be inspired by the region's fragrances and natural approach to diet and exercise. The Castello will offer a bike shop and small boutiques for those who enjoy shopping or want to take a biking tour along the nearby roads.

The Estate is in a perfect location within Tuscany, just 20 minutes from Siena and 45 minutes from Florence with the beautiful towns of Mensano, Radicondoli and Casole neighbouring the estate.

The residences are available through the residential interest program or as whole ownership. Prices range from €290,000 - €590,000 for Residential Interests; Whole Ownership pricing starts at €4million.

Bedrooms: Bathrooms: Price (€):
4 4 4,000,000
5 5 4,000,000
Features:
Furnished
Golf
Private Swimming Pool
Spa
Submission Date:
11-05-2008
Advertiser Details:


Name:
PURE International

Company:
Pure International

Phone:
00353 1 669 4763
Fax:

Mobile:

 
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Calculators

 
Property price: €4,000,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations