Prestige Penthouse in the centre of Florence

Penthouse completely and finely renovated in 2024. Third floor with elevator. The property is spread over two levels with a total area of 257 sqm, plus a terrace of about 10 sqm. The property consists of a living area, 5 bedrooms, and 7 bathrooms, 5 of which are ensuite, a hydromassage tub,a sauna, a gym space, and a terrace with a view of Brunelleschi's dome. The current distribution of the spaces is geared towards short-term tourist accommodation, and the property meets all the legal requirements necessary for this activity be conducted. Currently, the daily rates range from 1,100 to 1,800 euros per day. Florence is one of the most sought-after tourist destinations in the world. The average occupancy rate of accommodation facilities in Florence's Historic Center in 2023 was 86%. In the coming years, when the property has a greater number of positive reviews, the daily rate may be increased. It can therefore be inferred that there will be a gross return on investment of over 10% per year. If one decides to live in the property personally, without renting it out, it would be possible to eliminate one bedroom to expand the living area. This is truly an incredible and beautiful property. The terrace, with its view of Brunelleschi's dome—a true masterpiece of art that has enchanted the world since its creation, symbolizing Florence, the Renaissance, and Western humanism—is the cherry on the top.