Bare ownership with annual profitability of 7-12%

Umbria - Between Castiglione del Lago and Montepulciano | Villa Venere Ref. code 6C6R

Luxury villa for sale as bare ownership for investment

Requested price: 980,000 Euro SOLD by Casaitalia International

Details and accessories

Existing Swimming pool
  •   Surface: 675 mq
  •   Bedrooms: 6
  •   Bathrooms: 8
  •   Land: 9.020 mq
  •   Conditions: excellent
  •   Energy efficiency rating: G
  •   EPi: 357.8
  •   Decorated ceilings
  •   Fireplace
  •   Garage
  •   Garden with lawn
  •   Lift
  •   Swimming pool
  •   Terrace
  •   Workers apartment


Nearest town: Km 2.2
Motorway: Km 19
Airport: Km 61
Sea: Km 131
Lake: Km 5


for information and visits

Casaitalia International s.r.l.

Piazza della Vittoria, 26
06049 Spoleto (PG) - Italy

Tel.: +39 0743 220122
Fax: +39 0743 220182

Brief description

Exceptional investment opportunity with the possibility of purchasing a building of the absolute highest quality for 930.000 euros instead of the real estimated value of 2.030.000 Euro, equal to an annual estimated revenue of between 7.5% and 12% on the investment. Hilly location between Umbria and Tuscany, 6 bedrooms, 8 bathrooms and grounds with swimming pool.

Description of buildings

The advantages of bare ownership
Bare ownership is the best method of high-return and low-risk investment (in this specific case between 7% and 12% per annum) because it allows the purchase of a building at a reduced price compared to the real market value.


Why the price is lower
The reduction in price is due to the fact that the owner who is selling the property retains the right to live there for the rest of their life, after which the bare owner regains the right and becomes full owner of the property at full market value.
How the price has been determined
The reduction in the asking price is established based on official calculations which take into account the life expectancy and age of the owner. Each year that passes, as the age of the owner increases, so does the value of the property.

Market value and sale price
In the specific case of this villa, the market value has been estimated at 2.030.000 Euro while the asking price for bare ownership is 930.000 Euro. This represents a difference of 1.100.000 Euro. The reference point is the year in which the owner was born (1943), so, based on the calculations, the life expectancy of their right will be around 10 to 15 years.
So, in 10-15 years the increase in value will be 1.100.000 Euro or:
- 110.000 Euro per annum based on a10 year prediction
- 73.000 Euro per annum based on a 15 year prediction
Therefore, in respect of the initial investment we are talking about:
- an annual return of around 12% based on a 10 year prediction
- an annual return of over 7.5% based on a 15 year prediction

Double return
In reality the return will be higher over time as the value of the building appreciates, depending on the growth of the market, to be expected given the current time in which the market has achieved minimum value over the last 4-5 years.
Investment for own use
Bare ownership can be a perfect alternative for those looking to buy a property as a rental income, because it is like collecting all of the monthly rent immediately by deducting it from the price and one can avoid the sorts of problems and responsibility that can come with a rental property.
Bare ownership can also be purchased as prevision for some future use, for ones children or to have increased capital.
Pure investment
 It is also possible to sell the same bare ownership at any time, even after only a few years, taking advantage of the increase in market value along with that of the bare ownership figures.

Geographic location of the property

The property is situated only 10km from Castiglione del Lago and from Lake Trasimeno, in the heart of the central Italian countryside, with hills, fields and olive groves as far as the eye can see, all the way to the horizon. 

The villa, which benefits from the privacy and seclusion provided by its grounds of almost 9.000 sq.m, is situated in an unisolated location, with other private residences nearby.

While in Umbria, the property is only 2km from the border with Tuscany, halfway between Perugia (50km) and Siena (68 km), reachable in about 45 minutes by car, and less than half an hour from some of the most unique historic centres in central Italy, such as Montepulciano and Chianciano Terme (18 km), Cortona (21 km), and Pienza (32 km).
The nearest airport is Perugia San Francesco d;Assisi (61 km) , reachable in 45 minutes, while Florence airport is around an hour and a half away by car (134 km).

Description of the property

Surrounded by thriving grounds with garden and woodland, the villa has a total net surface area of 675 sq.m, over 3 levels, also benefitting from a lift.


On the ground floor, through a primary entrance, there is direct access to the magnificent living room/ drawing room of more than 135 sq.m, with wooden trusses, beamed and tiled ceilings, tiled floors and a large stone fireplace. On both the long walls of the living room there are large windows and French windows which, on the side with the swimming pool, open out onto a large panoramic porch of 83 sq.m.
Behind the living room there is the dining kitchen, with fireplace and walk-in refrigerator. The distinctive 'L' shape of the villa ensures that the sleeping areas on the ground floor are in a secluded position, while the decorative staircase leads to a further entrance on the top floor where there are 3 ample bedrooms, all with en-suite bathroom.
On the first floor there is the master bedroom with fireplace, walk-in wardrobe, en-suite bathroom and a 37 sq.m terrace.

At the back of the villa, there is a staff apartment with its own entrance, with a surface area of 77 sq.m across 2 levels, with a living room/kitchen and bathroom on the ground floor and two bedrooms with bathroom on the first floor.
The basement floor, of around 200 sq.m net, is intended for utilities, with cellar, laundry, bathroom and a garage of around 75 sq.m.
At the front of the villa beside the pool, a 42 sq.m porch has been built, on top of which there is a 45 sq.m panoramic terrace.

State and finishing

The property is in excellent condition.
The villa, which dates back to the 1700s, has been perfectly restored, with materials and finishings of the highest quality: tiled floors in the living areas, wooden ones in the bedrooms and bathrooms, ceilings with wooden trusses and beams with tiles and at times with spectacular stuccoes and decorations, solid wood casings; everything has been finished to the last detail.

External areas

Villa Venere is surrounded by around a hectare of land.
Within the grounds, the area around the villa and the swimming pool comprises a perfectly cared-for garden, with thriving shrubs, blooming flowerbeds and ornamental trees and the area behind the villa with a little woodland.
The swimming pool, in a panoramic position below the villa, is flanked on one side by a long porch, under which one can relax in the shade, and on the other by a terraced area, partly paved solarium and partly English lawn, with some trees and a wood-burning oven.


Distances e posizione

  •   Nearest village 2.2 Km
  •   Castiglione del Lago 10 Km
  •   Chianciano Terme 18 Km
  •   Montepulciano 18 Km
  •   Cortona 21 Km
  •   Perugia 50 Km
  •   Orvieto 68 Km
  •   Siena 68 Km
Sea and lakes
  •   Tyrrhenian Sea 131 Km
  •   Lake Montepulciano 5 Km
  •   Lake Trasimeno 10 Km
  •   Perugia S.Egidio Airport 61 Km
  •   Florence Airport 134 Km
  •   Rome Ciampino Airport 190 Km
  •   Roma Fiumicino Airport 208 Km
  •   Motorway 19 Km

Umbria - Italy

Neighboring regions: Toscany, Lazio, Marche

Main centers: Perugia, Assisi, Spoleto, Todi, Orvieto, Gubbio, Spello


Characteristics: is the sister of Tuscany region, green and hilly territory with olive groves and vineyards, rich in art cities and quaint towns.

Placed in Central Italy between Rome and Florence, Umbria is a region rich in history and culture, from the hilly landscape with olive groves and vineyards, and dotted with historic villages and artistic cities such as Perugia (important international University Centre), Spoleto, Orvieto, Todi, Assisi, Spello and others.

15 minutes from Perugia is located Lake Trasimeno, the largest Italian lake after that of Como.

The climate is mild with temperatures in winter rarely fall below zero degrees and summer temperatures around 25 degrees.

The region is the scene of major cultural events throughout the year (such as the Festival dei Due Mondi in Spoleto and Umbria Jazz) and many other folk events which, especially in summer, enliven small and large centers of the entire territory.


Property offer: Umbria, with its Green and hilly territory is particularly required for purchasing original characteristic stone farmhouses, very similar to those of Tuscany, in the countryside around the major cities of art such as Todi, Spoleto, Orvieto, Perugia, Assisi or in the popular area of Valley of Niccone or of Trasimeno.  These are often finely renovated farmhouses with park and pool, which are well suited to use for vacation but also for investment with the ability to put them in the lease through touristicrental. Umbria has a strategic position being located half an hour from Rome and two hours from Florence. The region, rich in history, offers you the chance to buy real estate like castles, vintage villas, villages and monasteries. Very popular are also the apartments within historical centers or small rural managed complexes, rich in original farmhouses of stone structure, particularly are requested those places in the countryside around the town of Todi, Spoleto, Assisi, Perugia and Orvieto, but also in the areas and Niccone Valley and Lake Trasimeno. Frequently also the historic buildings, ancient villas, castles and apartments in historic towns such as Perugia, Orvieto, Spoleto, Assisi, Spello, Trevi, or in small villages renovated and preserved.