Great opportunity to purchase as an investment a high quality property with a view of Lake Trasimeno, for 2.600.000 Euros instead of its true estimated value of 4.200.00 Euros, equal to an estimated annual return of between 12% and 16%. Hilly and panoramic location, 12 bedrooms, 15 bathrooms, pool and 6 hectares of land.

## 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 12% and 16% 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.

In the specific case of this building, the owner has decided to retain the use of it for **only 8 years, from the date of the public act of sale under bare ownership**, providing in addition the opportunity for an anticipated return on the asset in the form of 7.500 € a month.

**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 4.200.000 Euro while the asking price for bare ownership is 2.600.000 Euro. This represents a difference of 1.600.000 Euro. The reference point is the year in which the owner was born (1941), 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 1.600.000 Euro or:

- 160.000 Euro per annum based on a10 year prediction;

- 106.000 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 16% based on a 10 year prediction;

- an annual return of over 12% 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 position

In a private, hillside location, with a magnificent view of Lake Trasimeno, stands Villa Panoramica, a prestigious property consisting of a large main villa with an adjacent country house and nearly 6 hectares of private land with swimming pool.

The location is convenient, as it is near a small town (1.5 km) on the shores of the lake and with all amenities and just 26 km from Perugia, which can easily be reached in less than 20 minutes, thanks to the Perugia-Bettolle motorway link.

The nearest airport is that of Perugia S. Egidio, at 37 km, while the airports of Florence and Ancona are respectively 140 km and 148 km away.

## Description of buildings

The property consists of a large villa with an adjacent country house, which, if desired, have separate entrances.

The **main villa** is newly built and is spread over three levels. It has a total gross floor area of 1,143 sqm, of which 392 sqm in the basement floor.

On the ground floor, which measures 380 gross sqm, there are large living areas and an apartment for service staff: the entrance leads into an open-space with a living/dining room, to the right of which there is a kitchen with an island and to the left a lounge with a fireplace and another dining area.
To the rear, towards the uphill side, there are large utility areas with two pantries, several hallways, a bathroom and a comfortable apartment with a kitchen/living room with fireplace, a bedroom and a bathroom, currently used by service staff.

The first floor, which measures 370 gross sqm and can also be reached by lift, is divided into two apartments facing each other, each one consisting of an entrance hall, a living room with fireplace, a kitchen with a terrace, 3 bedrooms, 3 bathrooms and two storage rooms.

The basement floor, which can also be reached both via an internal staircase and by lift, has a floor area of 392 sqm, used entirely as utility rooms (cellars, storerooms).

The stone **country house** is adjacent to the main villa and can be reached via an internal connection. It measures 515 gross sqm, plus a porch of 77 sqm. The building is spread over multiple levels and follows the slightly sloping ground.
The entrance is on the middle floor, where there is a small apartment that has a living room with fireplace, a small kitchen, a bedroom and a bathroom.

By climbing a few steps, you can get to a first bedroom with bathroom and a study, overlooking the living area of the floor below.

The living area can be reached by going down from the entrance and features a series of rooms on different levels.
Here, there is a small lounge with a fireplace facing the dining room and behind it there is a kitchen.
From the dining room, by going down a few steps, we reach a lounge with fireplace and a study area, with a quaint cellar room hidden behind a large bookcase. Following on there is another dining area, larger than the previous one.

This floor has direct access to an external porch.

The sleeping area inside the country house is on the top floor and consists of 3 bedrooms with en-suite bathroom.

On the land belonging to the property, there is also a shelter, with a total floor area of 184 gross sqm, which is used as a tool shed.

## State and finishing

The buildings were created in different periods.

The villa is newly built and in perfect condition. It is externally plastered and has excellent quality finishes, with modern elements warmed by the whitened wood beamed ceilings and hardwood floorboards.

The stone country house is in good condition: internally, it has ceilings with wooden beams and flat tiles, terracotta floors in the living area and parquet floors in the bedrooms.

## External areas

The buildings are surrounded by almost six hectares of private land, partly kept as a garden and a car park, in which a swimming pool with a panoramic view of Lake Trasimeno has been built, in front of the villa.

## Use and potential uses

The villa is a beautiful representative residence, perfect for families who wish to live near each other, keeping the large living space and the outdoor spaces as shared living areas.
The stone country house is ideal as an outbuilding for guests.