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A townhouse with high rental income in the heart of Carcassonne Located in one of the best residential areas of Carcassonne, at the foot of the World Heritage Medieval City, this property on three levels can be a main residence, or divided between a residential and an income generating area, or a r
Carcassonne, Aude, France
REF: 980856
€385,000
Description
A townhouse with high rental income in the heart of Carcassonne Located in one of the best residential areas of Carcassonne, at the foot of the World Heritage Medieval City, this property on three levels can be a main residence, or divided between a residential and an income generating area, or a rental investment as a whole. The house, currently divided as two apartments, offers five bedrooms, three bathrooms, two kitchens, a large garage for motorcycles or bicycles, lovely living and lounge areas. It is sold fully furnished, which also includes the jacuzzi located on the roof terrace, overlooking the Medieval City. This unique property is ready to move-in and enjoy, and can also be a lock up and leave. The current income generated by the property offers more than 20% yield. This simply cannot be missed. Contact us for more details.
A townhouse with high rental income in the heart of Carcassonne Located in one of the best residential areas of Carcassonne, at the foot of the World Heritage Medieval City, this property on three levels can be a main residence, or divided between a residential and an income generating area, or a rental investment as a whole. The house, currently divided as two apartments, offers five bedrooms, three bathrooms, two kitchens, a large garage for motorcycles or bicycles, lovely living and lounge areas. It is sold fully furnished, which also includes the jacuzzi located on the roof terrace, overlooking the Medieval City. This unique property is ready to move-in and enjoy, and can also be a lock up and leave. The current income generated by the property offers more than 20% yield. This simply cannot be missed. Contact us for more details.
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Currency Exchange
Carcassonne, Aude, France
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €385,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €385,000 | £317,202 | £334,215 | £17,013 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,013 |
Carcassonne, Aude, France
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €385,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €385,000 | £317,202 | £334,215 | £17,013 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,013 |
The exchange rate on the day you make an offer on your property in France will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £17,013 more.
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