Montefalco, Italy: €148,000

Located 73 miles from Florence in the heart of Umbria, Montefalco sits perfectly positioned for exploring central Italy. Known as “The Balcony of Umbria”, the town has views overlooking the valleys of three rivers.

This member of “I Borghi più belli d’Italia” (Italy’s Most Beautiful Villages) holds official recognition as one of the country’s most exceptional small towns, selected for their outstanding architectural heritage, environmental quality, and cultural significance.

The circular Piazza del Comune serves as the town’s heart, where five small streets radiate outward past ancient palaces, boutique hotels, and restaurants. The former Church of Saint Francis houses Benozzo Gozzoli’s fresco cycle depicting the life of Saint Francis, while local wineries offer tastings of the prestigious Sagrantino di Montefalco DOCG, one of Italy’s most unique indigenous red wines.

This bijou 807 square foot apartment sits on the ground floor just steps from the historic Piazza del Comune. The single-level layout includes an entrance hall, living room with kitchen, one bedroom, and two bathrooms. The central location provides immediate access to the town’s main square and local amenities.

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