With Annex 1 bedroom Villa for sale with countryside and panoramic views in Santa Margherita Ligure, Liguria

730,000 EUR 635,100 GBP 722,700 USD

Reference: 225629

Bedrooms: 1
Bathrooms: 1
Floor Size: 100 m2
Plot Size: 1,000 m2
Work Required: None
Balcony
Income Potential
Garage(s)
Parking space(s)

Details

Charming one bedroom villa set in 1,000m2 of beautiful landscaped gardens, enjoying panoramic views from its location near San Lorenzo della Costa, from which you can admire the entire Gulf of Tigullio.

The villa, of about 100m2, is spread over two floors. The living room and kitchenette are on the first floor with balconies and terraces.

On the ground floor there is a large bedroom and a bathroom.

A garden with beautiful stone walls surrounds the villa and a large garage and other parking spaces complete the property.

The construction of another adjoining house has begun. It's about 80m2 and on one floor, with a terrace of about 40m2 and four parking spaces below.

The two properties can be joined or kept independent indifferently. There is already a valid executive project.

A large swimming pool is planned on the strips of land above the building.

Along with Portofino, Santa Margherita is the crown jewel of the Italian Riviera.
It has always been the destination of Italian and international celebrities: Rod Steward, Penny Lancaster, Wayne Rooney, Sabrina Ferilli, Enrico Montesano and many others have picked it as vacation spot.

By the sea, it has an efficient touristic port, with a valuable and dynamic waterfront, enhanced by palm trees. The residential area is surrounded by the sea and hills covered in Mediterranean vegetation (maritime pines, chestnut trees, olive groves) where it is easy to find gardens and villas with the sea view over the so-called "Dolphin Gulf", that connects Santa Margherita Ligure with Portofino.

Its crystal-clear waters, awarded with the European Blue Flag, attract tourists not just for sea bathing, but also for its particular seabed habitat composed by Posidonia Oceanica meadows, coral reefs and sea caves, which are home to several fish species.

The historical centre is full of history and art, appreciated for evening walks, and hosts the finest restaurants and the most exclusive boutiques. Along the coast it is easy to run into spectacular villas, here from the ancient times: "Convento della Cervara" from 1300, "Villa Durazzo" from 1600 and many other private exclusive houses, built centuries ago (many of them are liberty) or in the present days. Their formal gardens benefit from a unique micro-climate and host pines, holm oak, arbutus, wildflowers and several other plant species. The typical cuisine is renowned for prawns and white wine, both delicious. Thanks to its lucky position, as the one of all Riviera, it is possible to reach Montecarlo in just two hours and half, or the renowned ski resorts Courmayeur and Chamonix in three hours, and the Versilia coast with its famous clubs in just one hour. Chiavari is just half an hour far from Genoa Airport.

Portofino: 4 Km
Genoa: 30 Km
Genoa airport 45 Km
Cinque Terre: 70 Km
Milan: 170 km
Milan Malpensa airport: 215 km.

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Italy Property Buying Guide

Guide to the Italian Buying Process

1. Making the Offer to Purchase (Offerta)
Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.

2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)
The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.

3. Signing the Final Deed of Sale (Rogito or Atto Notarile)
The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.

4. Formalities to be observed after Completion
Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.

IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.