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This great farmhouse is set in a delightfully isolated position, just 15 minutes from Orvieto and 10 minutes from the delightful Lake Balsena. It is in need of complete renovation and has existing plans and permissions to convert to a four bedroomed house with a pool and several terraces. It is set in a further 13 acres of farmer's land that can not be developed and, as such, feels to be part of the whole 15 acres plot. There are beautiful views all around, particularly to mountains over 20 miles distant in the east. The property was purchased last year to take advantage of the terrific potential for investment in Umbria and I am only selling now because I will be moving to America to pursue a career opportunity in New York. Any purchaser will love the feel of the place and be able to take advantage of plans already drawn up for the future development of the site. I have been advised that, once developed, for a projected cost of Euros 300,000, the property should be valued in excess of Euros 750,000. I have identified an architect (geometer) and an excellent builder to carry out the works. I have a very helpful estate agent in Orvieto who will assist in personal visits to the property. With the dearth of good properties for renovation, this stands out as a great potential purchase for both investors and those seeking to take advantage of the beauty that Italy, and in particular, Umbria, has to offer.
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