Historic Palace In The Historic Center Of Florence

Magnificent historic building built in 1900 with a panoramic terrace for sale in the heart of Florence’s historic center. The building, approximately 1,000 square meters on four floors connected by an elevator, features a total of seven apartments with 11 bedrooms and 18 bathrooms, and is currently undergoing renovation. The property also includes a panoramic penthouse with stunning windows and a panoramic terrace overlooking all the city’s monuments, making this property unique.

The building has been a point of reference in the world of Florentine art and culture for decades, hosting numerous important events. Located almost on Piazza Santa Maria Novella and less than 100 meters from Via Tornabuoni, Florence’s renowned fashion and luxury street, it represents a convenient access point to the major attractions in the heart of the city.

Countless opportunities The property’s unique redevelopment potential lies in its unique features, such as floor-to-ceiling windows and a 360-degree view of Florence’s monuments, its bright rooms with impressive ceilings, and its excellent location.

To date, the property is undergoing a complex renovation project approved by the Municipality of Florence, which includes a partial change of use to Residential, maintaining the historic cinema, and the creation of seven luxury apartments with shared areas and adjoining services, as well as a 24-hour concierge.

The property represents an excellent investment opportunity, and upon completion of the project, the properties can be used as private residences or for high-end tourist rentals. The cinema space (which remains privately owned) is versatile and could be replaced by the creation of a restaurant.

Further information about the project is available upon request.

REF. 13170