Italian holiday homes that are available to buy through an innovative new private residence club are said to offer the best value lifestyle option for people who can’t justify the cost of purchasing a holiday home in Tuscany when they will only use it for a few weeks each year.
The final touches are being put to a group of former farm buildings which have been given a new lease of life as luxurious holiday homes set in an archetypal Tuscan rolling landscape of vineyards, olive groves and cypress trees. They are located alongside the sixteenth century former home in Montagnana of ancient Italian families linked to the Medici, just 24 km south-west of Florence in the Chianti wine region.
The development, Villa Bossi Pucci, takes its name from the last family to have owned the property over four generations. It comprises six buildings arranged around a central piazza and converted to create 21 one-, two- and three-bedroom residences.
They are being sold on an innovative private residence club basis which enables purchasers to buy a one-tenth interest in a particular residence and then to have unlimited use of all the residences in that category, subject to reservation policies.
Peter Kempf International is handling sales for the Milan-based developer, Il Sasso srl. Explains Peter Kempf: “This is not fractional ownership, whereby an owner’s use of the property is limited to a fixed number of days each year; neither is it timeshare which may not have ownership in bricks and mortar.
“Members of a private residence club are joint owners of the actual building and yet have access to all residences in their category. Like the members of an equity golf country club wishing to book tee times, their use of the accommodation is limited only by the club’s reservation policies.
“In my view, this arrangement offers the best value lifestyle option for people who cannot justify the cost of purchasing and maintaining a holiday home abroad when, in reality, they will only use it for a few weeks each year.”
Current prices of a one-tenth interest range from €50,000 for a one-bedroom residence, €86,000 for a two-bedroom residence, rising to €100,000 for a three-bedroom residence. Purchasers can buy more than one interest if they wish to do so.
Described by Peter as ‘an ideal holiday location’, Villa Bossi Pucci is within easy reach of Florence and is accessible by local buses which run to the city every half hour. Other towns and cities that are easily accessible are San Gimignano (30 km), Vinci (35 km), Siena (50 km) and Pisa (60 km). Beaches on Italy’s west and east coasts are within a one-hour drive.
Rustic style of a Tuscan country house
Ready to occupy now, the residences have been planned and equipped to meet the needs and lifestyles of clients seeking luxurious short breaks and long holidays in a beautiful location. They include old wooden beams, stone fireplaces for log fires in winter, porticoes and other architectural features of the original farm buildings.
Floor areas of the one- and two-storey air-conditioned, centrally-heated homes – some with mezzanines suitable for use as a study or children’s play area – range from 80 square metres for a one-bedroom residence to 150 square metres for a two-bedroom, two-bathroom residence and 180 square metres for a three-bedroom, three-bathroom residence.
Furnished in the rustic style of a Tuscan country house, featuring local ironwork and ceramics, every residence comes fully-equipped with everything needed for a weekend break or a long holiday, from beds to bottle-openers. Standard equipment includes a plasma TV, DVD player, radio, WIFI internet access and a telephone.
Available with each residence at Villa Bossi Pucci is underground car parking and secure climate-controlled storage facilities for personal effects – such as babies’ cots, children’s toys and clothes so that the luggage required when travelling from the UK is kept to a minimum.
For more information contact Peter Kempf International, telephone +44 (0) 20 3006 4980 or visit www.villabossipucci.com