Terms and Conditions

Last updated: 1 May 2026

1. Purpose and scope

These Terms and Conditions govern access to and use of the website www.oriatoscana.com and the acquisition of fractional co-ownership memberships of agricultural land in Val d'Orcia, Tuscany (Italy), offered by:

  • ORIA 1.618 SAS — company registered in Italy, owner of the land
  • EXTELAR MARKET SL — registered in Barcelona, Spain (Tax ID: B-XXXXXXXX), managing commercial relations in Europe

Access to the website and the contracting of any membership implies full acceptance of these terms.

2. Description of the service

Oria Toscana offers plans for equity participation in the Italian company that owns the vineyard land in Val d'Orcia, Tuscany, UNESCO. Each plan grants the member:

  • An equity stake in the company that owns the vineyard, structured through shares each representing 100 m² of agricultural land
  • An annual allocation of bottles of wine produced on the land
  • Voting rights at the shareholders' meeting in accordance with the bylaws
  • Access to exclusive benefits according to the plan contracted (Mosaico, Quadro or Terroir)

The participation is corporate in nature in accordance with the Italian Codice Civile. It does not constitute a financial product, an investment, or a security within the meaning of capital markets regulations.

3. Membership plans

Mosaico Plan: €13,500 (one-time payment). 200 m² of land in Val d'Orcia, 144 bottles/year, 1 vote.

Quadro Plan: €54,000 (one-time payment). 800 m² of land in Val d'Orcia, 576 bottles/year, 4 votes, additional exclusive benefits.

Terroir Plan: Price on request. Minimum 5,000 m², fully bespoke.

Prices include all administrative costs of transfer. Wine shipping costs are calculated according to destination and are detailed in the individual contract.

4. Onboarding process

  1. The applicant completes the KYC (Know Your Customer) verification process via Stripe Identity
  2. An Oria advisor contacts the applicant to explain the contractual terms
  3. The membership agreement to the company that owns the vineyard is signed and the transfer of the corresponding shares is formalised (each share = 100 m²)
  4. The member receives their first wine allocation at the following harvest

5. Payment and verification

Payments are processed through Stripe, Inc., in accordance with its own terms of service. The stated price is the final acquisition price of the corporate participation. There is no mandatory annual maintenance fee; the only additional costs are vinification in the years the member chooses to produce wine and the related shipping charges.

Identity verification (KYC) is mandatory in accordance with anti-money-laundering regulations (EU Directive 2015/849 and applicable Italian law). Oria Toscana does not store biometric data directly; this is processed by Stripe in accordance with its privacy policy.

6. Right of withdrawal

In accordance with Directive 2011/83/EU, the consumer has 14 calendar days from the formalisation of the contract to exercise their right of withdrawal, without the need for justification, provided that the signing of the contract has not yet taken place.

Once the transfer of shares has been formalised, withdrawal is subject to the provisions of the Italian Codice Civile on the transfer of corporate shares. In such a case, the sale of the shares must be carried out through the secondary market among shareholders, with the assistance of Oria Toscana.

7. Member obligations

  • Provide truthful and up-to-date information during the registration and KYC process
  • Notify any change in their contact or banking details
  • Not assign or sublicense the benefits of the membership without the written authorisation of Oria Toscana
  • Respect the Internal Regulations and the bylaws of the company that owns the vineyard

8. Intellectual property

All website content (texts, images, brand, logos, design) is the property of ORIA 1.618 SAS and/or EXTELAR MARKET SL. Its reproduction or commercial use without prior written authorisation is prohibited.

9. Limitation of liability

Oria Toscana does not guarantee financial returns derived from co-ownership. The value of agricultural land may fluctuate depending on market, climatic and regulatory conditions. The allocation of bottles may be affected by extraordinary weather conditions that impact the harvest.

In no event shall Oria Toscana's total liability towards a member exceed the amount paid by that member for the membership.

10. Governing law and jurisdiction

These terms are governed by Spanish law, without prejudice to the mandatory provisions of the Italian Codice Civile regarding the transfer of corporate shares and to EU consumer regulations.

For any dispute arising from these terms, the parties submit to the Courts and Tribunals of Barcelona, Spain, waiving any other jurisdiction that may correspond to them, without prejudice to the jurisdiction that corresponds to the consumer under EU regulations.

11. Amendments

Oria Toscana reserves the right to modify these terms with 30 days' notice by email to active members. Changes will not affect co-ownership contracts already formalised.

Contact:
info@oriatoscana.com
EXTELAR MARKET SL — Barcelona, Spain
ORIA 1.618 SAS — Val d'Orcia, Italy