PropertyPescia (Italy)

Price :

$5,838,500

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface40,000 m²bedroom1

Nestled in the historic Tuscan hills, the Collalto Monastery College presents an extraordinary investment opportunity for the American and Northern European markets. This majestic property, spanning over 40,000 square meters, is set on four levels and comprises 40 rooms and 24 bathrooms, offering ample spaces for multiple uses.History and Cultural HeritageOriginally known as Collis Altum, the site was home to a defensive fortress of the city of Pescia, known as Collalto Castle. In the late 15th century, the Franciscan monastery dedicated to Saint Louis of Toulouse was built on the remains of the castle. During the 16th century, the monastery expanded to include a seminary and a notable library, with volumes ranging from canon and civil law to science, philosophy, and medicine. Despite the Napoleonic suppressions of 1810 and those of the Kingdom of Italy in 1866, the monastery has retained its historical and cultural significance.Development PotentialThe Collalto Monastery College offers significant potential for transformations into:- Luxury Resort: The structure and panoramic location are ideal for creating an exclusive resort that attracts an international clientele seeking authentic Tuscan experiences.- Residential Healthcare Facility (RSA): The ample spaces and multi-level layout make the property suitable to become a high-level healthcare facility, offering residential and assistance services in a serene, historical setting.- Boutique Hotel: With its rich history and captivating architecture, the monastery can be transformed into a boutique hotel that provides a unique experience for visitors, combining modern comforts with the charm of the past.Architectural FeaturesThe property retains original architectural elements, including:- Historic Cellar: A small cellar that reflects the winemaking traditions of the region.- Refectory: A large space that can be adapted for catering or events.- Internal Courtyards: Open spaces that provide natural light and can be used as common areas or gardens.- Long Corridors and Monks' Cells: Spaces that can be repurposed into guest rooms or suites.- Historic Library: Still filled with books collected over the centuries, it represents an invaluable cultural heritage.- Annexed Church: A place of worship that adds historical value and can be used for ceremonies or special events.ConclusionThe Collalto Monastery College is more than just a property; it is a piece of Tuscan history waiting to be restored to its former glory. For American and Northern European investors, it represents a unique opportunity to acquire a prestigious real estate asset with versatile development potential, in one of the most captivating regions of Italy.