x Abu Dhabi, UAETuesday 25 July 2017

Picturesque portfolio goes back in time

The Life: Monte Nibbio, a restored 13th century chapel and warriors' resthouse, is up for sale in Umbria, Italy, for €3.2 million.

Monte Nibbio dates back to the early 13th century. Courtesy Monte Nibbio
Monte Nibbio dates back to the early 13th century. Courtesy Monte Nibbio

Rustic stone walls under the Mediterranean sun gloss many a property brochure in Italy. But Monte Nibbio, or Mount of the Kite, a restored 13th century property in Umbria, Central Italy, adds a dash of history to the picturesque images.

Up for sale for €3.2 million (Dh15.3m), the property's original building - the church of Santa Maria Maddalena - can be traced back through the centuries to the year 1206.

The main house served as a place of rest for returning warriors and later doubled as a Benedictine convent in the 16th century.

Today, it is a 1,000 square metre villa with views over an olive-tree lined valley, according to LawsonClarke, the British PR company handling the account.

Monte Nibbio is one of a portfolio of five properties, which the owners want to sell in its entirety.

The total cost of the portfolio is €6m, and includes a village for €1.1m called Borgo in Doglio, two farmhouses for €350,000 and €400,000 and a five-acre estate with a hunting lodge for €1.3m.

Of these, Monte Nibbio has received the most extensive restoration. However, it has only been restored to a "builder's finish", allowing the new owners to design it as they wish.

With the potential to accommodate two kitchens, four reception rooms, a library, cinema and up to eight bedrooms - the property could be used as a luxury private home or boutique hotel and spa. The grounds have planning permission for a 300 sq m guesthouse, a tennis court and a swimming pool.

The interiors are adorned with stone arches and ceilings, and cavernous halls, not unlike medieval castles.

And don't forget the views.

The property, 6km from the town of Todi, overlooks olive groves and the castle home of Peter Mullin, an Irish American businessman who owns the Monte Nibbio portfolio as well as other properties in the region.

 

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