Building Complex/Property in Florence

Real estate complex for auction in Florence (FI) – Via Niccolò da Tolentino 23, 92 and Via A. Arnoldi 6/A2-6/A3 The real estate complex for auction is located in Florence, distributed across Via Niccolò da Tolentino 23, Via Niccolò da Tolentino 92, and Via A. Arnoldi 6/A2-6/A3. These are recently constructed buildings, dating back to the second half of the first decade of the 2000s, situated within a consolidated urban context. The sale pertains to a single block of properties. Area and Internal Distribution The complex comprises a total of 137 apartments and their respective appurtenances. The 42 units at Via Niccolò da Tolentino 23 include studio, one-bedroom, and two-bedroom types, each equipped with a bathroom, private loggias or courtyards, a cellar, and a garage or covered parking space. This building extends over four floors above ground and partially a fifth floor, in addition to a basement. The 72 units at Via Niccolò da Tolentino 92 range from studio to three-bedroom types, each equipped with a bathroom, private loggias or courtyards, a cellar, and a covered parking space. This building also extends over four floors above ground and partially a fifth floor, in addition to a basement. Finally, at Via A. Arnoldi 6/A2-6/A3, there are 23 studio, one-bedroom, and two-bedroom units with a bathroom, private loggias or courtyards, a cellar, and a garage or covered parking space. This building consists of two blocks, with the larger portion housing the units and extending over 3 floors above ground in addition to a basement. Each unit is equipped with a cellar and a garage or covered parking space. There are also 7 unrestricted open parking spaces available at Via A. Arnoldi 6/A. Features and Amenities The buildings and apartments are in a decent configuration and feature finishes appropriate for their intended purpose. The heating system for the apartments is centralized with calorie counters. The real estate units are subject to a permanent rental restriction at an agreed-upon rent, as stipulated by agreements with the Municipality of Florence. The procedure requested the conversion of the restriction from permanent to temporary, but the Municipality provided a negative response, with an appeal pending before the Regional Administrative Court (TAR) of Tuscany. The award is suspensively conditional upon the release of a clearance or authorization for succession in the conventional obligations by the Municipality of Florence. The buyer will succeed the procedure in the pending appeal to the TAR and in any eviction proceedings. Context and Connections The complex is located in residential areas of Florence, with good accessibility to services and public transport. The construction complies with the quality standards required for subsidized residential building. The property is free for the procedure (regarding succession), but the successful bidder will have to assume the conventional obligations of renting at an agreed-upon rent.