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CASTIGLIONE DI GARFAGNANA - CHIOZZA REF 998
Castiglione Garfagnana, Tuscany, Italy
REF: 14873
€55,000
Description
3CASTIGLIONE DI GARFAGNANA - CHIOZZA REF 998Detached stone house with barn and land - Restoration Project Just outside the mountain village of Chiozza, (about 900 m asl) this is a traditional rural, stone-built house in a very bad state and requiring complete restoration. The property is believed to be more than 100 years old (there is a stone carved with the date 1899 ). Accessed along a well maintained woodland track (about 1km from the main road) and laid out over three floors Ground floor kitchen (13 sqm) and lounge (11 sqm). Wood store (5sqm) with separate entrance. First floor 3 bedrooms (currently bedrooms 2 and 3 are off bedroom 1). 16 sqm, 12 sqm and 11sqm. Space for shower room. Second floor (external access) 2 rooms (12 sqm and 11 sqm) Outside there is a 2-storey barn with a thatched roof and about 920 sqm (just under acre) of sloping and terraced land. Two additional areas of land, (5423 sqm and 1833 sqm) close by but not bordering the land included in this sale may be available separately. A well stocked grocer and caf /pizzeria are just a few minutes drive away, in the centre of Chiozza. Chiozza is a very pretty, friendly village in the Apennine mountains, about 10km from the well known market town of Castelnuovo di Garfagnana (which has a train station on the main Pisa Lucca - Aulla line) and 75km (just over 1 hours drive) to Pisa airport. The beautiful walled city of Lucca is about 60km away. A 10 minute drive takes you up to the small local ski resort at Passo delle Radici (9km) while the large resort of Abetone is about 40 minutes. The coast is about 1 hour away. 3
3CASTIGLIONE DI GARFAGNANA - CHIOZZA REF 998Detached stone house with barn and land - Restoration Project Just outside the mountain village of Chiozza, (about 900 m asl) this is a traditional rural, stone-built house in a very bad state and requiring complete restoration. The property is believed to be more than 100 years old (there is a stone carved with the date 1899 ). Accessed along a well maintained woodland track (about 1km from the main road) and laid out over three floors Ground floor kitchen (13 sqm) and lounge (11 sqm). Wood store (5sqm) with separate entrance. First floor 3 bedrooms (currently bedrooms 2 and 3 are off bedroom 1). 16 sqm, 12 sqm and 11sqm. Space for shower room. Second floor (external access) 2 rooms (12 sqm and 11 sqm) Outside there is a 2-storey barn with a thatched roof and about 920 sqm (just under acre) of sloping and terraced land. Two additional areas of land, (5423 sqm and 1833 sqm) close by but not bordering the land included in this sale may be available separately. A well stocked grocer and caf /pizzeria are just a few minutes drive away, in the centre of Chiozza. Chiozza is a very pretty, friendly village in the Apennine mountains, about 10km from the well known market town of Castelnuovo di Garfagnana (which has a train station on the main Pisa Lucca - Aulla line) and 75km (just over 1 hours drive) to Pisa airport. The beautiful walled city of Lucca is about 60km away. A 10 minute drive takes you up to the small local ski resort at Passo delle Radici (9km) while the large resort of Abetone is about 40 minutes. The coast is about 1 hour away. 3
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Currency Exchange
Castiglione Garfagnana, Tuscany, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £46,788 | £48,210 | £1,422 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £46,788 |
| Maximum cost in the last six months | £48,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,422 |
Castiglione Garfagnana, Tuscany, 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 €55,000 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 |
|---|---|---|---|
| €55,000 | £46,788 | £48,210 | £1,422 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £46,788 |
| Maximum cost in the last six months | £48,210 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,422 |
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 £1,422 more.
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