Introduction
In property, many places are described as “the new Tuscany”. It’s shorthand for somewhere really special that, once discovered, will become hugely popular, with massive demand for property and rentals.
The same undoubtedly holds true of the original. Tuscany is beautiful – its weather, the countryside and architecture, its stunning churches and museums and the irresistible food and wine. It’s the sort of place that people visit once and fall in love with, and want to come back year after year to keep the love affair going.
Le Fontanelle apartments give you the chance to own your very own piece of Tuscany at a great price. With a bank valuation confirming an 18% discount to market value, and our own research showing an average discount of 25% to market value, deals like this just don’t come along very often in Tuscany.
The region is a tourist favourite, with the nearby medieval “town of towers” San Gimignano welcoming 3 million visitors through its gates every year. The traveller’s bible, Lonely Planet Italy, confirms the area’s popularity:
“In high summer, San Gimignano in Tuscany can be as unpromising for accommodation as that Christmas Eve in Bethlehem”
The demand for high quality rental properties with excellent amenities is strong throughout the long high season. Properties like Le Fontanelle which have a communal pool, parking, garden or terrace space and 6 hectares of wooded area surrounding the development offering shade and seclusion will be much sought after. The added bonus is that in addition to good rental yields, you have the opportunity to use the apartment to treat yourself to a relaxing Tuscan holiday. It’s a perfect lifestyle investment.
The developers have much experience - since 1959 they have specialised in sympathetic renovations of existing and historic buildings. Le Fontanelle consists of a converted farmhouse, barn and stables, restored using local materials in the typical Tuscan style.
Deals like Le Fontanelle just don’t come along that often in Tuscany – when people find something to buy there, they tend to hold on to them for years, so property of this quality doesn’t come up for sale that frequently. So seize your chance – and enjoy La Toscana!
Warm regards,
Alise and Jonty Crossick
Discount confirmed by bank valuation
At an average price of €2,720 per m², the price at Le Fontanelle is 18% under market value as confirmed by a recent bank valuation. Furthermore, our comparables demonstrate a discount of 25% to market value of similar properties currently on sale in the area.
Beautiful surroundings, peaceful setting
Tuscany is famous for the beauty of its landscapes, the richness of its art collections, the laid back “dolce vita” enjoyed by its inhabitants and its gorgeous food and wine. An apartment at Le Fontanelle offers its owner the chance to enjoy all of these qualities, in a location just five minutes from the beautiful medieval town of San Gimignano and half an hour from Siena, and within easy reach of the UK flying into Pisa or Florence.
High rental yield, long season
Hugely popular with visitors throughout the year, quality apartmentsare much in demand from holidaymakers looking for a base for their Tuscan holiday. The season is long, from April to October and the wealth of cultural attractions make it popular in the low season too.
Long-established developer and development financed by Italy’s oldest bank
Le Fontanelle is being renovated by Lapucci Costruzione, a long-established family firm founded in 1959. They have completed an estimated 200 projects in the last 20 years. The project is underwritten by Banca Monte dei Paschi di Siena, the world’s oldest bank.
Property like this just doesn’t come alongthat often
When people buy a property in Tuscany, they tend to hold onto it for a number of years to rent and to enjoy themselves; therefore when quality apartments in an excellent location and at a great price come on the market they get snapped up extremely quickly.
High tourist demand
Tuscany attracts tourists from all over Europe, with high numbers of northern Europeans travelling there year after year. Increasing numbers of Americans are returning to the region and it remains a firm favourite of the British. San Gimignano alone attracts 3 million visitors per year.