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March 6, 2025

Panoramic Hotel for Sale in Montepulciano

🏨 51 Bedrooms | 60 Bathrooms

🔗 Listed on: toscanahouses

📐2000m²
💸 On request

✨ Highlights

  • Comes with a free parking
  • Walking distance to Montepulciano's historic center
  • Totaling over 2,000 sqm

⭐ Public reviews

3.4/5 and 205 reviews on Google Maps

Website

👍 Positive feedback from guests

  1. Friendly and Helpful Staff: Multiple guests mentioned the friendliness of the staff and quick check-in, with helpful receptionists.
  2. Great Location: Convenient location near Montepulciano's old town, with easy access to historic sites and restaurants.
  3. Comfortable Rooms and Views: Many rooms come with balconies offering stunning views of Tuscany, and guests found the rooms clean and spacious.
  4. Parking Available: Free parking was a bonus, providing convenience for those with cars.
  5. Value for Money: Guests appreciated the hotel’s affordable pricing, especially in comparison to more expensive options inside the city walls.

👎 Negative feedback from guests

  1. Thin Walls and Noise: Several guests complained about thin walls, which made it difficult to sleep due to noise from neighboring rooms.
  2. Outdated and Small Bathrooms: Some rooms had small or outdated bathrooms, and issues like tiny showers or broken shutters were mentioned.
  3. Unreliable Wi-Fi: Wi-Fi was inconsistent, with some guests noting it didn’t work in the rooms but was fine in the lobby.

📊 Performance

The hotel didn't provide the performance data (ADR, Occupancy Rate, etc.)

✍️ Description from the real estate agent

Overview:Situated just a short distance from the historic center of Montepulciano, this terraced property spans four floors above ground, along with an additional garage level. The well-defined and enclosed grounds offer sweeping panoramic views, with no architectural barriers to accessibility. Each of the four floors measures approximately 540 sqm, totaling over 2,000 sqm, excluding the garages and attics. The property features dual entrances from the main road and can be divided into two distinct terraced sections, each with its own staircase and elevator.

Interior Features:Currently operating as a hotel and restaurant, the property includes 51 guest rooms, along with communal spaces and amenities. The interior layout is well-organized and provides extensive opportunities for reconfiguration and refurbishment, depending on the new owner's vision.

Exterior Features:The building is set within its own fully fenced and gated lot, which accommodates parking for more than 150 vehicles, with 30 spaces designated as private. Its prime location near the historic center, combined with easy access to essential services, makes this property a highly adaptable option for a variety of potential uses.

Utilities:Class G Energy rating. The property is fully equipped with all major utilities and benefits from energy-efficient systems that ensure optimal performance.

Potential Uses:While currently operating as a hotel and restaurant, the property offers the potential for repurposing or subdividing for a range of uses, including office spaces, healthcare facilities, commercial ventures, or residential developments. This flexibility opens up a range of exciting investment possibilities.

Local Real Estate Market:Montepulciano’s real estate market is seeing steady growth, with average property prices around €1,630 per m², ranging from €1,052 to €2,960 per m². In recent years, the market has seen a 4.55% increase in prices, making this property an attractive investment opportunity.

Tourist and Cultural Attractions:Montepulciano is a captivating town in Tuscany, renowned for its rich cultural heritage and stunning historical landmarks, including the Cathedral, Palazzo Comunale, and Church of San Biagio. The town is also famous for its renowned wines, particularly Vino Nobile di Montepulciano, and offers numerous opportunities for wine tastings and cellar tours.

Nearby Distances:

  • Montepulciano town center: 1 km
  • Chiusi train station: 25 km
  • Perugia Airport: 75 km
  • Florence: 110 km
  • Siena: 60 km
  • Lake Trasimeno: 30 km
  • Pienza: 15 km
  • Montalcino: 35 km
  • Cortona: 30 km
  • Arezzo: 50 km

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