12 Unit Apartment Building in Todi, Umbria

 

12 Unit Palazzo Apartments

14 luxury apartments with commercial space in Todi, Umbria

Sales price: €2,600,000

Size: 1,408.61 meters square

This recently renovated 5-story palazzo is fantastically situated 100 meters from the Piazza del Popolo in the center of Todi. It overlooks a magnificent garden and has splendid views of the Monti Martani mountains and valley.

The 18th century palazzo is perfectly sized for a distinguished private home, bed & breakfast, or boutique hotel. Its impressive space includes 12 private apartments and 200 meters square of commercial rooms.


 

PROPERTY DETAILS

Medieval Todi is perched atop two hills with commanding views of the Tiber Valley, secluded but not isolated. The livable scale of this fairy-tale medieval town is popular with both tourists and residents, and the piazza is often used as a movie set.

Todi is conveniently located to major tourist areas and transportation, yet just 30 to 45 minutes to Perugia and its international airport, Assisi, Orvieto, and Spoleto. Rome is about a 1.5 hour drive, and Florence about 2 hours.

This historic palazzo is built on an ancient Roman foundation. The luxurious living spaces feature deep window reveals, high wood-beamed ceilings, and intriguing angles and nooks – each apartment is unique in size and shape. Details are exquisitely designed and executed to perfection. Old-world craftsmanship meets state-of-the-art construction.

Floor plan. Floor numbering in Italy, as in most of Europe, begins above the main ground floor. The plans for this palazzo include 14 apartments and loft apartments on four levels, plus commercial space (see apartment floor plans below):

  • 3 lower-level apartments and commercial space
  • 3 ground floor apartments
  • 5 first floor apartments
  • 3 second floor apartments

Apartments by size include:

  • Two 2-bedroom (#9, 13)
  • Two studio (#5, 10)
  • Four 1-bedroom, single floor (#2, 3, 4, 6)
  • Six 1-bedroom loft apartments – downstairs living plus an upstairs loft, perfect for a quiet sitting room or study (#1, 7, 8, 12, 13, 14)

Lower level (piano seminterrato). This level features three of the largest apartments (#1, 2, 3); the first has a loft area above and direct access to the garden.

Ground floor (piano terra). 1-bedroom (#4), studios (#5, 6).

First floor (primo piano). 2-bedroom on single floor (#9), 2-bedroom with loft (#7), 1-bedroom with loft (#8), 1-bedroom with private terrace (#11), studio (#10).

Second floor (secondo piano). 2-bedroom with loft (#13), 1-bedroom with loft (#12, 14).

Commercial space is ideal for a restaurant or spa, with five separate rooms (200 meters) located below ground level. The walls and dramatic arching ceilings have been restored with brick. The exquisite ceramic floors are equipped with a ventilation system.

Fireplaces and kitchens of natural stone and brick, to emphasize their unique ancient designs.

Rubinell faucetry in each apartment and public areas.

New wooden-frame insulated doors and windows throughout the palazzo.

Electric attic windows throughout the palazzo.

Security video cameras in each apartment and at the outer main entrance door.

Heavy exterior doors, double and metal plated.

Charming Juliette balconies on upper apartments.

Gas heating system, new and efficient.

The electric, water and heat have been permitted and certified with a 10 year guarantee and reinforcement for earthquakes.

The palazzo is perfect for a private home, bed & breakfast, or small hotel. This unique and prestigious investment is offered for sale for €2,600,000.

Interested? Call or email us today.

 

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