ITALY, TUSCANY, AREZZO, BIBBIENA
This converted mill, built of stone and chestnut wood in the 1800s, has been restored to a very high standard by the architect owner. It is about 100 metres from a village with shop and restaurant, and surrounded by chestnut woods, in the Teggina valley, in Arezzo province.
It is an area of historic villages, castles and monasteries. The nearest village to the mill is about 300m away and there is a shop and restaurant in the village.
The 300m to the house are accessible with a normal car, recent improvements to the road having been carried out.
The property has 2 terraces with a wood-burning stove and stone barbecue.
Inside the attractive living room is constructed round the 4 old stone mill wheels. The kitchen has a fridge, oven, barbecue and antique sink. Upstairs there are 2 double bedrooms (1 with double bed, 1 with twin beds) and a bathroom with shower.
The property is 43km north of Arezzo, on the edge of the Parco delle Foreste Casentinesi.
It is just 100 m to a village with shop and good restaurant.
The property has further potential as it can be extended to 150m2.
A swimming pool has just been installed and you can also swim in the nearby river.
A beautiful and very interesting property, the mill offers not only a private retreat and foothold in one of the most beautiful parts of Italy, but also is an excellent source of income, in that it has excellent rental potential when not in use by the owners. The owners have provided figures that show that the income produced yearly for the summer seasons (May to September) is around 33,000 euros. This naturally can be supplemented and increased with winter holiday rentals. Currently the owner has a maintenance and management contract with a local English speaking person (who lives in the village) and who is always available if any needs arises. The management contract is for the upkeep and cleaning of the entire property, the building administration and utility payments and dealing with the arrivals and departures of the mill’s guests and this contract can be renewed and continued if wished.