Near the Tuscany border, in Umbria region of Italy, you will meet Lake Trasimeno, one of the most beautiful lakes of Italy surrounded by a landscape of rolling hills covered with silvery olive groves. An ideal and relaxing destination offering the chance to spend your time in contact with nature, sports, traditions, art and good food.
For the second consecutive year Lake Trasimeno deserved a special mention in the Legambiente and the Touring Club’s Guida Blu 2014 which awarded it with 4 flags to the municipality of Tuoro sul Trasimeno and 5 to Castiglione del Lago, Magione and Passignano as areas combining high environmental standards of water quality, safety, education, information and management with policies that seeks to preserve and protect sites and landscapes with historic significance, and promote local productions.
Lake Trasimeno, which is part of the protected area of the Regional Park bearing the same name, is characterized by shallow water including three islands, namely Maggiore — the only one still boasting a small hamlet where you can live — Minore and Polvese that you can easily reach by ferry from many localities.
The property market of Lake Trasimeno
Property for sale in Lake Trasimeno area is in high demand because of its good returns, also in terms of experience. But of course you are also wondering about prices. They are surprisingly affordable.
Prices vary depending with the area you will acquire your home. The cost is higher in the historic areas and panoramic lake view buildings — but they attract quite good returns if rented out or if you want to start a business like a B&B for instance, and for ancient renovated properties of great value. However, prices drop as you move to the suburbs and in the countryside.
Castiglione Del Lago and Magione area mansions are probably the most costly, but still affordable, followed closely by Passignano and Tuoro sul Trasimeno.
– Here prices for a property to be restored can start from about 300 €/m² (or even less in case of a building land), if situated a short distance from the old town centres/countryside or in the small and lesser known hamlets, to 1000 €/m² for the best positioned houses.
– The average cost for a renovated property fluctuate between 1000 €/m² and 2,700 €/m² with a peak of 3,500 €/m² or more in case of a typical restored stone-built country house with panoramic tower in a quiet area for example. Anyway, if you look carefully you can get some real bargains. For example in Castiglione del Lago you can find a small habitable apartment of 65 m² for €45,000 in the very town centre.
– Bear in mind that prices for brand new properties are usually a bit higher to those which have already been renovated, on the contrary they are lower in case of habitable properties.
House prices in Tuoro are lower if compared to these 3 main municipalities. That’s why houses for sale in Tuoro are in high demand also considering the presence of plenty of villas rising on ancient farmhouses that are wonderfully restored and which lie in this stretch of land halfway between Umbria and Tuscany.
And what about Panicale and Paciano? Very competitive prices! For a typical and habitable 3-bedrooms property of 85 m2 you will pay as little as €75,000.
Why buying in the Trasimeno area
• The Lake Trasimeno area boasts a warm climate and moderate temperatures during the winters. The temperatures are awesome during the summer for those who love swimming. As a matter of fact it is also equipped with many beaches where you can sunbathing but also fishing or renting a row boat for a ride while enjoying beautiful and relaxing scenarios.
• Investors will interact with its beautiful landscape. It is a hilly area full of olive groves and vineyards, and property owners can pursue agriculture or start a business.
• The Lake Trasimeno area has a vegetation of pines and poplars at the lake shores giving residents a natural serene atmosphere.
• The area has good infrastructures such as an airport and good roads and it is located just a stone’s throw from the beautiful Tuscany
• Being an area full of splendour it is still a very affordable place compared to other regions such as Lake Como.
• You can discover both areas of great artistic and natural value full of reeds and aquatic plants. It is an opportunity to see rare species of birds.
The beauty of this place is beyond word, and as you invest in a property for sale in lake Trasimeno, you will enjoy the beauty and splendour because there is something for everyone.
featured image by Martin Thomas Photography
