Large redevelopment opportunity in Umbria, Italy. Medieval castle hamlet with 14,000 m² of buildings, farmland, and a restaurant. Ideal investment property in Italy for hotel, resort, residential or Agriturismo.

Redevelopment Opportunity in Italy – Castle Hamlet in Umbria Investment Property

In southern Umbria, a major redevelopment opportunity in Italy is available with this extensive medieval castle hamlet in Umbria, complete with a historic fortress, dwellings, a restaurant, farmhouses, and large tract of agricultural land. The estate covers 289.4 hectares (715 acres) and includes more than 14,000 m² of buildings, most requiring restoration. Its size, location, and heritage make it a highly versatile investment property in Italy, with potential for conversion into an agriturismo, luxury hotel, golf resort, or large-scale residential and hospitality project.

The property is strategically located near Acquasparta, where services are available, and only a kilometre from the E45 highway, giving direct access to Rome in just over an hour.

The main castle (2,700 m²) stands on a hilltop, overlooking the valley. Initially documented in 962 in a deed signed by Emperor Otto II, the fortress was rebuilt and expanded between the 14th and 16th centuries. It was later converted from a military structure into a rural estate in the 18th century. The building preserves historic vaulted halls, a central courtyard ideal for events, and upper-level rooms with aristocratic character, including coffered ceilings and plastered walls.

The adjoining hamlet (3,310 m²) contains numerous medieval dwellings, arranged on terraces. These could be redeveloped into independent apartments or an “albergo diffuso” (diffused hotel model), creating multiple guest accommodations while preserving the historic character.

Nearby, a restaurant (860 m²) offers large reception capacity, making it suitable for weddings, private events, or commercial dining operations. Additional medieval storages (2,000 m²), farmhouses (5,820 m²), and agricultural warehouses (290 m²) are scattered throughout the estate. While many require major restoration, their size and traditional architecture offer strong redevelopment potential.

The land itself includes 220 hectares of arable fields, ideal for cereals, vineyards, or olive groves, alongside 2.9 hectares of olive trees and 66 hectares of woodland for outdoor activities such as hiking and mountain biking. The landscape and terrain also allow for the development of a golf course, previously proposed as a use similar to the Antognolla project in Umbria.

This large-scale property offers a rare opportunity to acquire and redevelop a medieval hamlet with a castle, extensive farmland, and multiple historic buildings, ideal for both commercial and residential projects.

• TYPE: Redevelopment opportunity – large estate with a medieval castle, hamlet, and land
• CONDITION: Part restored
• LOCATION: Hilly, panoramic
• ACCESS: Excellent, paved road
• MUNICIPALITY: Acquasparta
• PROVINCE: Terni
• REGION: Umbria
• INTERIORS: 14,980 square metres (161,184 square feet)
• TOTAL ROOMS: 120+
• BEDROOMS: 80+
• BATHROOMS: 80+
• ANNEXES: Farmhouses to be restored, agricultural storage
• MAIN FEATURES: Medieval castle, farmhouses to renovate, village, stone and brick walls, terracotta floors, original fireplaces, wooden beams, vaulted ceilings, paved courtyard, stately halls, panoramic terraces, large areas of arable land, restaurant, event hall
• EXTERIOR: 289.4 hectares (715.1 acres)
• GARDEN: Yes, around the buildings
• SWIMMING POOL: No, but possible
• ELECTRICITY: Already connected
• WATER SUPPLY: Mains water + private wells
• TELEPHONE: To be connected
• ADSL: Yes
• GAS: Natural gas + LPG
• HEATING SYSTEM: Radiators + fireplaces
• CLOSEST CITIES AND TOWNS Acquasparta (10km; 10’), Massa Martana (11km; 15’), Todi (17km; 20’), Terni (32km; 30’), Spoleto (32km; 40’), Montefalco (34km; 40’), Narni (34km; 30’), Foligno (43km; 50’), Amelia (42km; 35’), Trevi (51km; 45’), Perugia (53km; 45’), Orvieto (53km; 1h), Assisi (64km; 1h), Bolsena (67km; 1h 10’), Castiglione del Lago (98km; 1h 15’), Rome (110km; 1h 10’)
• CLOSEST AIRPORTS Perugia San Francesco (55km; 45’), Roma Ciampino (134km; 1h 40’), Roma Fiumicino (148km; 1h 35’), Ancona R. Sanzio (159km; 1h 50’), Pisa G. Galilei (281km; 3h 10’), Bologna G. Marconi (293km; 3h 20’)

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