Investment Opportunity in Italy’s Luxury Real Estate: Convento Santa Lucia in Florence
A remarkable investment opportunity awaits in the heart of Tuscany: the transformation of Convento Santa Lucia into a premier 5-star spa resort. Situated in the charming area of Lastra a Signa, Florence, this historic convent, originally constructed between 1579 and the 20th century, offers unobscured views over the surrounding landscape toward Florence. Finnish shareholders, advised by the international law firm & consulting Studio Legale Scognamiglio, are now seeking partners to bring this realistic project to life. All the building permits have been approved.
Key Facts
Total Number of Rooms: 75 plus 10
Rooms in the Existing historical building: 39
Rooms size range: 20/60 smq
Total Sqm (gross area): 13.337
Existing historical building: 5.142
Additional areas: 8.195
Main hotel facilities (sqm, gross area)
Guestrooms and Suites: 3240
Restaurant: 290
Church: 345
Spa: 1.765
Parking area sqm: 1.810
Indoor: 1.680
Outdoor: 130
Outdoor areas (sqm, gross area): 39.000
Entry area, Historical Garden, Convent vegetable garden:
11.000
Forest: 28.000
Convento Santa Lucia is a significant cultural landmark with unobstructed views towards Florence. Lastra a Signa became a small convent after Giovanni Maria Cecchi, a Medici family notary, renovated the church of S. Michelle in 1578. Originally built atop a castle in 1107, the convent expanded in the 17th and 18th centuries, with the church consecrated in 1782.
Key modifications included access ramps by L. Soresina and the addition of doors in 1769. EM Group, a Finnish real estate investment company, acquired the property in 2011. Tuscany, renowned for its landscapes, art, and cultural heritage, is a top travel destination. Its beauty is seen in sprawling vineyards, rolling hills, and cultural landmarks in Florence, Siena, Lucca, and Pisa. Convento Santa Lucia, perched atop a hill, provides stunning views of the vineyards and is conveniently close to Florence.
As one of Italy’s premier hotel markets, Tuscany thrives on its world-class history, museums, culture, favorable climate, diverse terrain, and exquisite cuisine. Renowned resorts in the region achieve near-full occupancy during peak seasons, with some average daily rates nearing €1,000. The main season, from April to October, is likely to extend due to increasing activities and rising temperatures, benefiting both Florence and the greater Tuscany region.
Transforming Convento Santa Lucia into a 5-star spa resort presents a prime investment opportunity in Italy’s luxury real estate market. With its rich history, prime location, and detailed redevelopment plan, this project is set to become a top destination in Tuscany. Interested partners are invited to join this exceptional venture and help create a landmark luxury retreat.
