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Historic property with park for sale in Sarteano
SI, Toscana, Italy
REF: 11720
€1,290,000
Description
Of an high historic and artistic value, is an ancient convent dated back the 1400, of about 1800mq with a house to be restored of about 200sqm and 2.500sqm of land with park and olive grove in addition to the seven suite has a restaurant. During the renovation the structure and the real soul of the building were preserved, and nowadays it is used as tourist accommodation with its own restaurant. The property is composed by a 1400 sqm main building, a 200 sqm apartment at the top floor and one last 200 sqm ruin facility, located inside the park, that could be completely rebuilt. The park, the garden and the olive tree grove represent the 2500 sqm land of this property. Amazing and breathtaking the view from the stone terrace in the garden, built within the walls of the town, overlooking the valley. A charming atmosphere of peace and the scents of the flowers adorn the garden, the fa ade itself is covered with vine that offers charme and warmth with its colored leaves. Inside the garden there is also a well to collect rainwater. The residence is built on three levels: the basement floor, where we can access from the garden, hosts the two rooms of the restaurant, the kitchen, a reception, the wine cellar, a nice bar and the storage rooms. The internal renovation preserved the beamed ceilings and stone walls, creating a suggestive environment, a refined one but also very simple. Going up to the ground floor, apart from the owners 53 sqm apartment, there are other seven rooms used as the tourist accommodation, each one with its own en suite bathroom, furnished with antique furniture, in compliance with the soul of this place. Going along the hallway there are several lounges and reading areas, one of which also has a fascinating fireplace. At the first floor there is another 170 sqm apartment, used by the owners, composed by four bedrooms, two bathrooms, a kitchen and a huge living room with fireplace. An unique residence, perfect to be used as a charming relais or as a historic luxury residence. An excellent investment in the heart of Tuscany. It is reachable from Rome or Florence in about an hour and a half, as it is located only a few kilometers away from the major cities such as Siena, Montepulciano, Pienza, but also just a few minutes away from Umbria.
Of an high historic and artistic value, is an ancient convent dated back the 1400, of about 1800mq with a house to be restored of about 200sqm and 2.500sqm of land with park and olive grove in addition to the seven suite has a restaurant. During the renovation the structure and the real soul of the building were preserved, and nowadays it is used as tourist accommodation with its own restaurant. The property is composed by a 1400 sqm main building, a 200 sqm apartment at the top floor and one last 200 sqm ruin facility, located inside the park, that could be completely rebuilt. The park, the garden and the olive tree grove represent the 2500 sqm land of this property. Amazing and breathtaking the view from the stone terrace in the garden, built within the walls of the town, overlooking the valley. A charming atmosphere of peace and the scents of the flowers adorn the garden, the fa ade itself is covered with vine that offers charme and warmth with its colored leaves. Inside the garden there is also a well to collect rainwater. The residence is built on three levels: the basement floor, where we can access from the garden, hosts the two rooms of the restaurant, the kitchen, a reception, the wine cellar, a nice bar and the storage rooms. The internal renovation preserved the beamed ceilings and stone walls, creating a suggestive environment, a refined one but also very simple. Going up to the ground floor, apart from the owners 53 sqm apartment, there are other seven rooms used as the tourist accommodation, each one with its own en suite bathroom, furnished with antique furniture, in compliance with the soul of this place. Going along the hallway there are several lounges and reading areas, one of which also has a fascinating fireplace. At the first floor there is another 170 sqm apartment, used by the owners, composed by four bedrooms, two bathrooms, a kitchen and a huge living room with fireplace. An unique residence, perfect to be used as a charming relais or as a historic luxury residence. An excellent investment in the heart of Tuscany. It is reachable from Rome or Florence in about an hour and a half, as it is located only a few kilometers away from the major cities such as Siena, Montepulciano, Pienza, but also just a few minutes away from Umbria.
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Currency Exchange
SI, Toscana, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,097,390 | £1,130,737 | £33,347 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,097,390 |
| Maximum cost in the last six months | £1,130,737 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,347 |
SI, Toscana, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,097,390 | £1,130,737 | £33,347 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,097,390 |
| Maximum cost in the last six months | £1,130,737 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,347 |
The exchange rate on the day you make an offer on your property in Italy 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 £33,347 more.
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