Exploring An Old Farmhouse For Sale Near Montepulciano: A Hidden Gem?

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Join BradsWorld on a unique property tour of an 1830s farmhouse near Montepulciano, Italy. Please Visit this Website for more information: bradsworld.it/
This video takes you through the rustic charm and potential of a historic farmhouse that's been abandoned and is now ready for a complete renovation. Imagine the possibilities as you explore each room and envision what this property could become.
Whether you're a fan of Italian real estate or historic renovations or just love exploring unique properties, this video offers an intriguing glimpse into what could be your new home in the beautiful Italian countryside. Remember to subscribe for more exciting property tours and renovation adventures in Italy.
This video is about Exploring An Old Farmhouse For Sale Near Montepulciano: A Hidden Gem? But It also covers the following topics:
Old Farmhouse Near Montepulciano
19th Century Italian Homes
Buying A Farmhouse In Italy
Video Title: Exploring An Old Farmhouse For Sale Near Montepulciano: A Hidden Gem?
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Welcome! I’m Brad Allan, and I Buy, Renovate, and Rent Luxury Apartments in Tuscany! My wife Olivia and I invite you to come on our journey with our two big Bernedoodles, Kona and Charlie, as we show you great properties for sale in some of the prettiest places in Italy. We discuss what it takes to make it happen and can help direct you on your quest for a better life!
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#1830sfarmhouse #montepulciano #historicitalianhomes #farmhouserenovation #abandonedfarmhouse #italianrealestate
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[@kathycappelli3468]

Keep looking

[@BradsWorld]

Agreed. And we are!

[@redleg627]

Great share Brad. I would agree that it would be a total do over. Those cracks are huge risk, and if the house is settling what about the everything else under ground? Could be digging up broken gas lines, water lines, and who knows what-else. I would go share more trees, and pass on this one.

[@BradsWorld]

Agreed! Could have been stellar, even with the long dirt road to get there.

[@yvanapantino273]

Thanks for the tour of this property Brad. I think you are right on this one. The house is too much trouble and expense. For those "bad boy" plants taking over the place, best approach is to hire someone who has goats to come in and clean everything up which they do very efficiently.

[@BradsWorld]

Goats woulda need tall ladders! 😂 I’d never seen anything like it.

[@yvanapantino273]

goats are climbers. It wouldn't be a problem for them. I've used goats to clear areas worse than that property.@@BradsWorld

[@robjus1601]

Good analysis.

[@BradsWorld]

Thanks.

[@joyce2077]

Thank you 🎉 I agree with you on this property. Your expertise is appreciated 😊 Good seeing Ollie. Did she bring back Mexican food?🎉😂

[@BradsWorld]

She brought back sooooo much stuff but just ingredients. She is a fabulous cook. Mole, Pipian, pollo el torrito, etc etc. Real classic Mexican cooking. 😋😋 Oh and Tequila and Mezcal! Can’t live just on red wine!

[@wayneevans5050]

Very cool house for sure, but looks a bit remote.

[@tonypitt9320]

Having restored a house of that age, I'd very much agree that the suggested 500k resto cost is wildly optimistic. Underpinning; a load of steels to give a better internal layout; looks like it's been repointed with cement to add to the fun? I hate saying this given it's an historic property, but not everything is worth saving.

[@BradsWorld]

I say that a lot in the older villages. Can’t save every home. Better to have some green spaces. Or kids playground. Something to attract people.

[@anaanastasoglou9498]

Forgot to ask you , in what area is this house located?

[@michellespezialetti3122]

This house has a great layout. Its overpriced by at least $200,000 (just my opinion). I agree it would take alot of Money & Time to restore this house - if you are willing to put in the work, I definitely think should you sell it afterwards you would gain big. ❤

[@BradsWorld]

Oly’s thought IF we were going to offer was like €350K. So yeah like you €200K off the asking.

[@amymegginson-uz7jj]

I love the view and the style of the house.

[@BradsWorld]

Yes. It was good. What a shame they let it go that far gone.

[@ehamada1004]

Hi Brad, Thanks for showing this educational video for prospective home buyers in Italy. The tips and traps of knowing what to look (clay soil, major cracks) for and having someone who has experience in rennovating properties in Italy is invaluable (realistic estimate to demolish and rebuild). Your reasons to bypass this property was educational; looking at the short and long term issues both financial and personal is really important for peace of mind and a happy life. Thank you

[@BradsWorld]

You are welcome!!

[@monicamcgahan]

Here in TX as you know we call those “tanks” 😊

[@BradsWorld]

Yep!!

[@BlueLotusLife]

Security Broom! LOL.

[@BradsWorld]

I had a mother-in-law joke on deck but thought better of it. 🥳🥳

[@BlueLotusLife]

@@BradsWorld lol

[@keithss67]

I’m with her. I was watching the video and saying to myself that a decent renovation is going to cost anywhere from 500-700k and that the ask should be more like 325, and they settle at 295-310k. Throw in another 100k for a proper in ground pool (if you can even work out the water) + all the costs that go into closing, and we are looking at somewhere between 1.1-1.3 million. That’s already a very steep price to pay. But with their ask? It gets crazy 😮

[@BradsWorld]

Spot on assessment. Nice. We passed. Layout too wonky.

[@arturo0855]

This house needs more than 1 acre of property for this price point plus all the money needed to repair it.

[@InHellBaby1]

Love the setting and the look, but not a chance I would touch it.

[@BradsWorld]

Agreed again. But you never know until you look. Welcome to our ongoing dilemma.

[@anaanastasoglou9498]

Hi Brad, the house is huge, location perfect, view magnificent, but yes it needs a lot of repairs and a ton of money to make it top-notch. It will ended up costing a fortune that will take years to recover if you ever want to sell it, and yes it will take years of your life too to remodeled it which at our age we just can't afford it! I personally feel anxious just to think that the clock is ticking, time is running ! I should have been there at least 10 -15 ago ( that happens when you have responsibilities that tide you up here). You just need to keep looking for something that will be cheaper, more manageable, and won't take years of your precious time. On a different note i want to wish you, and Olivia a very merry Christmas in the company of kona, and Charlie. For us ( specially me) this is going to be a very sad Christmas) just a few days ago I had to euthanize my adorable cat. He used to hanged around one of my duplexes, and I decided to adopt him. Unfortunately we only got to enjoy him 4 years. He was probably 10 years old by the time I decided to bring him home. We totally spoiled him, but he was already too old. My heart is broken. I am sure you know the feeling when you lose a pet. They become part of your family. Anyway , a big hug for you guys , and please enjoy the holidays ❤

[@BradsWorld]

So sorry for your loss. They become family. Try to enjoy the holidays! See you soon!

[@DT-vc7hd]

I wanted to love this house, but overall wasn't impressed with how the interior spaces where laid out. Definitely was more of a farmhouse than an estate. I'm sure you could pump a boatload of money into this and make it gorgeous, but I agree time and money is better spent elsewhere.

[@BradsWorld]

Yeppers!

[@anneschantl8929]

Hi Brad, thanks for the education on what not to consider. So much structural damage plus putting a pool in and doing a garden would be big dollars as you say . New guttering and fixing the roof another costly exercise. €500.000 is too much money to pay for it. I believe it will be on the market for a while if they don’t drop their price at least 10% or even closer to 20%. Kind regards from Australia.

[@BradsWorld]

Yeah at least that. We’re actively looking now at houses that seem to be unused here. And I mean pretty nice houses. You’d be amazed how much stuff is sitting idle even in a high-end world famous wine area like this. It must have something to do with the families and multiple owners and also the almost nonexistent carrying cost since there is almost no property tax.

[@uditfonseka]

To show how little I know. With one acre--I had thought this property might have an asking price of 85,000. Lol

[@BradsWorld]

For sure in Abruzzo or Umbria even it might! This micro market where we live, around Pienza and Montepulciano, is super expensive. Like being in Napa Valley in US.

[@mediolanumhibernicus3353]

Crazy asking price. €150,000 would be closer to the mark.

[@avisitorhere]

The hill is moving.

[@BradsWorld]

For sure. Good read on it. The ground here is crazy. It’s clay. Our yard at our rental house stays kinda muddy all the time even when it doesn’t rain for a week. Because the night dew is enough to keep it moist. That’s why grapes here can go months without rain. The roots go up to 20’ deep. And the clay soil holds so much water.

[@uditfonseka]

You could spend 500,000 on it and its grounds and then it would be worth 650,000

[@BradsWorld]

Market here is crazy so probably more than that but your point is super valid! No upside regardless of the final figures.

[@sdfswords]

Neglected properties are an absolute nightmare, I learned this lesson early in my real estate development career. When you're young, dumb and enthusiastic, you learn rebuilding a house is usually more expensive than just starting from scratch. I would find something that's sound, has most of the expensive renovation (roof, plumbing. electric, doors and windows) taken care of, and just needs the final push across the goal line with updates and aesthetic choices (perhaps someone else's failed project). I agree, life is short, make it sweet. Additionally, I feel that desirable real estate markets are in a huge bubble, whether it be here in California or desirable parts of Italy. When the correction arrives, as it surely will, all kinds of wonderful properties will bob to the surface, as owners need liquidity and go into fear mode as their portfolios crash. I don't know the market there, but could you sell the renovated house for $1.2 million, net of costs, in a soft market?

[@BradsWorld]

I’m not sure you could in a busy market!

[@leeh9420]

I call things like this "wanting all the money" - i.e. they're charging for what it will be worth once YOU have put all the time/effort and money to get it where it should be. As much as I see what it could be, I'd want to be under €1M all-in for sure...

[@BradsWorld]

Yes!

[@TAG993]

Run don't walk with unrealistic sellers.

[@BradsWorld]

It’s a little crazy around here right now.

[@Kim-J312]

Not for that 500K ? Will cost more than that to fix it up . Run , dont walk away.... Yes it is pretty cool style and all that , but too many issues here with this one .

[@BradsWorld]

We ran. We are actively looking now. Let’s see what we find… 🤞🏼🤞🏼

[@maryannewilson3305]

A real shame it was left so long. Too long.

[@BradsWorld]

Yeah. And still they want to be rewarded for some relative’s house they probably inherited.

[@alaindeshaies817]

This house is sinking. But a boat or leave And dont look back.

[@BradsWorld]

💪🏼💪🏼👍🏼

[@Nordkapp65]

500k to buy, plus taxes etc , plus 500k to revamp. Still would not be a million dollar home , interior layout is extremely poor . Best of luck if you do go for it

[@BradsWorld]

We aren’t. Decided that when we walked to cars after the tour. Sad it wasn’t kept up better.

[@soniabayer578]

Move on… not worth time or money!!! Cannot live off the views!!

[@BradsWorld]

Agreed. Lot of work.