WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY, VERNACCIA, CHARDONNAY, PINOT GRIS, AGRITURISMO, B&B, OLIVE GROVE

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Rif. 1501 TENUTA VERNACCIA
  romolini
San Gimignano - Siena - TUSCANY
  EUR 5.300.000,00
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WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY

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WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY
   
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WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY
   
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Ref. 1501 TENUTA VERNACCIA
Type: Wine estate with 33.1 ha of vineyard with buildings to be restored
Condition: To be restored
Position: Hilly
Municipality: San Gimignano
Province: Siena
Region: TUSCANY
Size: 4,019 square meters (43,244 square feet)
Total n. of rooms: Up to 120
Bedrooms: Up to 50
Bathrooms: Up to 30
Features: Vineyard, Vernaccia, Pinot Gris, olive grove, buildings to be restored, medieval ruins, country houses
Land: 200.6 hectares (33.1 ha vineyard + 5.1 ha olive grove + 162.4 ha woodland)
Garden: Yes, around the buildings (circa 2.6 ha)
Annex: Yes, several agricultural buildings
Access: Unpaved road
Pool: No
Electricity: Already connected
Water: Mains water, private wells (2)
Gas: LPG
Heating : -
Telephone: To be connected
Adsl: No
Nearest Towns: Town with services (10km; 20’), Volterra (16km; 30’), San Gimignano (20km; 35’), Siena (52km; 1h 10’), Florence (75km; 1h 30’), Montalcino (86km; 1h 40’), Lucca (89km; 1h 45’), Follonica (100km; 1h 55’), Montepulciano (109km; 1h 45’)
Nearest Airports: Firenze Peretola (72km; 1h 5’), Pisa Galilei (81km; 1h 25’), Bologna Marconi (153km; 1h 55’), Perugia Sant’Egidio (160km; 2h), Roma Ciampino (288km; 3h 5’), Roma Fiumicino (303km; 3h 10’)
Price: EUR 5.300.000,00
 
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WINE ESTATE 33.1 HA VINEYARD FOR SALE, TUSCANY

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GEOGRAPHIC POSITION
In a hilly position, in the outskirts of the medieval town of San Gimignano, wine estate with buildings to be restored ad 33,1 ha of vineyard.
Deep in the countryside, this property is linked to the municipal road network via a well-maintained unpaved road which allows to easily reach the other cities of Tuscany: a town with all the necessary services (10km; 20’), the Etruscan Volterra (16km; 30’), the medieval Siena (52km; 1h 10’), the Renaissance Florence (75km; 1h 30’), the wine-city of Montalcino (86km; 1h 40’), the fortified Lucca (89km; 1h 45’) and the beautiful sea of Follonica (100km; 1h 55’).
Service airports to the property are Firenze Peretola (72km; 1h 5’), Pisa Galilei (81km; 1h 25’), Bologna Marconi (153km; 1h 55’), Perugia Sant’Egidio (160km; 2h), Roma Ciampino (288km; 3h 5’) and Roma Fiumicino (303km; 3h 10’).

DESCRIPTION OF THE BUILDINGS
Buildings in the property are split up among three farms.

Farm N°1 (1,251 sqm – 13,461 sqft) is made up of a main building (701 sqm – 7,543 sqft) and 4 smaller annexes (for a total of 550 sqm – 5,918 sqft).
Farm N°2 (1,082 sqm – 11,642 sqft) is made up of a farmhouse (628 sqm – 6,757 sqft) and 3 smaller annexes (for a total of 454 sqm – 4,885 sqft).
Farm N°3 (1,686 sqm – 18,141 sqft) boasts a main building (1,246 sqm – 13,407 sqft) with 3 annexes and a derelict building (for a total of 440 sqm – 4,734 sqft).

STATE AND FINISHES
The buildings in the property are in god structural conditions, but they need restoration works in order to be brought back to an usable state. The derelict building in the farm N°3 can be rebuilt and used freely.

EXTERNAL AREA
The property is surrounded by 200.6 hectares of land, the most part of which (151.6 ha) is covered in high and coppice woodland. A part of this wood (9.3 ha) can be converted back to arable land (as it was a few years ago) to be added to the already existing one (1.5 ha).

There are then 3 olive groves (for a total of 5.1 ha), one in each farm, producing nice extra virgin Tuscan oil registered at the Consorzio Olio Extravergine Toscana:
- Olive grove farm N°1: 2.8 ha
- Olive grove farm N°2: 1.1 ha
- Olive grove farm N°3: 1.2 ha

The most important part of the property are the vineyards (33.1 ha in total) split as follows:
- Chardonnay: 23.1 ha
- Vernaccia DOCG: 5 ha
- Pinot Gris: 5 ha
The Vernaccia DOCG vineyards have been planted in 2007 and thus are fully productive, while the Chardonnay was replanted in 2009 and started production in 2017, assuring a 5% increase in production for 2018. The Vernaccia produces an average of 90 quintals of grape per hectare, while Chardonnay has a lower production with 50 quintals.
Planting rights have been acquired for additional 4 ha of Vernaccia DOCG.
The cultivation of vineyard is carried out biologically and biodynamically and the fact that it is surrounded by trees allowed the vineyard itself to create its own ecosystem which doesn’t need chemical fertilizer and antiparasitic.

VINEYARDS ARE ACTUALLY MANAGED BY AN EXTERNAL SOCIETY (OWNER OF THE NEIGHBORING VINEYARD) WITH A RENEWABLE CONTRACT WITH NO PREEMPTION RIGHT ONCE FOR SALE.

A short distance from the farms (ca. 1.5  km on foot through the property), deep into the woods, we can find the ruins of a medieval castle dating back to the 11th century, though the original settlement appears to date back to the Langobardic age. Of this castle almost only foundations are still visible (two mills, a cistern, several storage house and several ovens are recognizable), however some of the towers and sections of the walls are still standing, as well as the small church (which has no roof).

USE AND POTENTIAL USES
The property, buildings-wise, need several restoration works to be carried out in order to bring these buildings back into an inhabitable state (though they are in good structural conditions). Once the works are completed, with possible alterations to the internal organization of the buildings, the property is well-suited to be used as a hosting business (in the form of a B&B or Agriturismo) while keeping the production of wine and oil up and running.
The ruins of the castle are supervised by local administrations and are often visited by tourists and schools, thus becoming an attractive bonus for tourists if the hosting business is the way one choses.
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