Castle and village of Serravalle in Italy goes up for sale

Serravalle for sale: A citadel in the rolling hills of northern Italy's Emilia Romagna region is up for sale for about $2 million.

Gardens and greenery: The property, consisting of various buildings and part of a village, sits in a 14,000 square-meter park.

Rest & relaxation: "Not only is it very convenient, roughly down to 1,000 euros per square meter, it has enormous potential both as a private, silent retreat to unplug in, or as an investment to turn it into a resort," Paolo Giacopini of Immobiliare Giacopini, the real estate agency handling the sale, told CNN.

Grand spaces: The property includes a 18th-century stately palace called Palazzo Boccadiferro, where the current owners occasionally live.

Location, location, location: "The charm and panorama are matchless, surrounded by vineyards, in a strategic location between the two top cities of Emilia Romagna, a wonderful region which is often wrongly eclipsed by Tuscany when it comes to castles and manors," says Giacoponi.

Ready to occupy: The current owners live at the castle during summer months, says Giacopini, so it is already inhabitable with heating, kitchen, utilities, fireplaces, several bedrooms and bathrooms.

Make an offer: Giacopini, who takes interested visitors on guided tours, says the the 1.9 million euros price tag could be open to negotiation.

The full package: Lavish Renaissance-style furniture, including paintings, are also potentially on sale.

Worth fighting for: Serravalle is steeped in history. The fortification has for centuries been at the heart of territorial feuds and battles against invaders and neighboring fiefdoms.

Ghostly presences: The property is said to be haunted by a murderous lord and the ghosts of the wives he brutally dispatched.

Preservation orders: Because the castle is under the supervision of regional arts authorities, there are restrictions on radical structural changes such as turning a bathroom into a bedroom, or vice versa.

Conference calls: The well-maintained estate is currently rented out for private events and conferences.

Room for improvements: While the castle is immaculately preserved, other parts of the property, such as the lookout tower, built in 1227 and modified in 1523, might require a few fixes.

Layers of history: The fortification, built on the ashes of an ancient Roman military outpost called Verabulum, was conquered and destroyed by the Lombard tribes in the eighth century.

Historical hosting: Legend has it, the castle hosted Charlemagne on his way to Rome to be crowned emperor in the ninth century,