15th-century complex with palace, outbuildings with 22 apartments, 35 rooms and designer swimming pool for sale on Lake Trasimeno, near Tuscany.  Set among the rolling Umbrian hills near the Tuscan border and surrounded by centuries-old olive groves, this magnificent property offers over 3,000 sqm of built surfaces on 4.4 hectares of land, half of which lies along the lakefront, with direct access to the Trasimeno cycling path.At the heart of the estate stands a Renaissance palazzo dating back to the 1400s, once owned by the noble Baglioni family. Rich in history, the building features original frescoes and period details, and is even referenced in the Gallery of Maps at the Vatican Museums. The palazzo spans four levels, offering approx. 2,100 square meters (22,604 sq ft), including 800 square meters (8,611 sq ft) yet to be completed, with an approved project for a luxury spa and signature suites. The ground floor boasts stunning vaulted halls, capable of seating up to 300 guests, making it ideal for exclusive events, weddings, and private ceremonies. Four additional independent buildings provide a total of 1,050 square meters (11,302 sq ft), comprising 22 self-contained holiday apartments (7 three-room, 13 two-room, and 2 studios), totalling 29 bedrooms and approx. 70 beds—establishing the property as one of the most refined and comprehensive hospitality venues in the Lake Trasimeno area. The landscaped grounds feature a striking designer pool carved into the rock, with an infinity edge, waterfall, hydro-massage area, and a cave-style pool bar, all nestled within an evocative natural setting. The estate also includes formal gardens, olive groves, private parking, and an approved project for sports facilities, including a multi-purpose court, fitness trail, and bocce court. The property’s restaurant and catering facilities include two professional kitchens: an indoor kitchen equipped with cold rooms and service areas, and an outdoor kitchen with a wood-fired oven and bar counter, perfect for open-air receptions and panoramic banquets. Located in the charming town of Panicale, officially recognized as one of “Italy’s Most Beautiful Villages”, and enjoying an exclusive lakefront position, this historic estate offers a rare opportunity to develop a high-end hospitality business that brings together art, nature, Umbrian lifestyle, and gourmet cuisine in the authentic heart of central Italy.

PROPERTY Ref.: PAN3155

Where: Panicale, Province of Perugia, Region: Umbria – Lake Trasimeno

Typology: Renaissance building on four levels of about 2,100 square meters/22,604 sq ft with garden and 44,000 square meters/10.87 acres of land (partly lakefront), tourist-accommodation complex with 4 buildings for a total of 1,050 square meters/11,302 sq ft, 22 apartments, outdoor kitchen with wood-burning oven, swimming pool with waterfall and bar quarries

Annexes: 4 renovated buildings (1,050 square meters/11,302 sq ft), organized into 22 apartments: 7 three-room apartments, 13 two-room apartments, 2 studios (70 beds), outdoor kitchen, storage room 

Year of construction: 1400

Year of restoration: started in the1990s, ongoing 

Conditions: good

Land/garden: 4.4 hectares/10 acres (half lakefront), fenced garden, parking, project for sports facilities (life path, multipurpose field, bowling alley

Pool: design pool with hydromassage, waterfall and cave bar

Parking: fenced outdoor area

Layout: 

1. Renaissance palace

Basement: kitchen, washing room, changing rooms and bathrooms dedicated to staff

Ground Floor: reception, bar, restaurant rooms 

First floor: multipurpose room, 3 apartments (2 two-room apartments, 1 three-room apartment), portion to be renovated

Second floor: about 800 sqm/8,611 sq ft sq ft gross to be completed (project for SPA or apartments)

2. "Alzata" Building

Ground Floor: 2 two-room apartments

First floor: 1 studio apartment with terrace and pine forest view + 1 attic studio apartment

3. "Bellavista" Building

Ground Floor: 2 two-room apartments

B. Ground Floor: 2 three-room apartments overlooking a panoramic porch

4. "Canova" building, near the entrance

Upstream body: 

1 three-room apartment with well

Downstream body: 

Ground floor: 2 three-room apartments with porch and garden

First Floor: 2 two-room apartments with loggia, terrace and lake view

5. "Dimora" Building

Ground Floor: 2 three-room apartments

First Floor: 2 two-room apartments (one with terrace overlooking the lake), 

Second floor: 1 two-room apartment with lake view

Distance from services: 500 mt/0,3 miles from Sant 'Arcangelo, 10 km /6,2 miles from the hospital, 4 km/2,4 miles golf club,

Distance from main airports: Perugia 37 km/23 miles

Utilities: Fixed telephone network: available; Internet: available; Heating: LPG with 3 tanks of 3000 litres, with satellite control for consumption; Water: three artesian wells and a cistern; Electricity: active, three meters; Water waste: Imhof tank

Property is owned by a company, purchase through acquisition of company shares. The location, for privacy, is approximate. Please note all measurements cited are approximate.

Energy Efficiency Rating: G