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Farmhouse to be restored with field for sale in Montegabbione
TR, Umbria, Italy
REF: 152489
€350,000
Description
Located in a dominant hilly position and with a 360o view over the Umbrian villages, this 170sqm farmhouse is immersed in an ecologically pure environment. The property is arranged over two levels and consists of five outbuildings, for a total surface of 550sqm. It is complemented by a 26sqm storage room and a 20 hectares field. This property needs to be totally restored, and the main farmhouse, that in recent times was expanded by using bricks, is built in stones and covers a surface of about 170sqm. This dwelling is arranged over two levels. The ground floor houses an antique stone oven, three storages, a tool shed, and a stable. A staircase leads to the first floor, that used to be the owner's dwelling. It consists in a spacious kitchen with fireplace and wooden beams, a drawing room, three double bedrooms, two of them with panoramic view, and a bathroom. The structure is in good condition, it needs only some restoration works to enjoy the original local features, and new plants need to be installed. This building is unique for its location. Thanks to some restoration works, it would be possible to create a lovely living area on the ground floor with some windows where to admire the panorama, while the upper floor could house the sleeping area. This property is ideally suited for those who want to create an agritourism with animal farming and oil and wine production. The five big outbuildings could be used to create little detached apartments or to be used as shelters for animals. The field extends to about 20 hectares and comprises arable land, grazing land, olive trees, vineyard, and wood. Distances: only 10 mintues far from the motorway of Fabro, 7 km from Citt della Pieve, 150 km from Rome, 150 km from Florence.
Located in a dominant hilly position and with a 360o view over the Umbrian villages, this 170sqm farmhouse is immersed in an ecologically pure environment. The property is arranged over two levels and consists of five outbuildings, for a total surface of 550sqm. It is complemented by a 26sqm storage room and a 20 hectares field. This property needs to be totally restored, and the main farmhouse, that in recent times was expanded by using bricks, is built in stones and covers a surface of about 170sqm. This dwelling is arranged over two levels. The ground floor houses an antique stone oven, three storages, a tool shed, and a stable. A staircase leads to the first floor, that used to be the owner's dwelling. It consists in a spacious kitchen with fireplace and wooden beams, a drawing room, three double bedrooms, two of them with panoramic view, and a bathroom. The structure is in good condition, it needs only some restoration works to enjoy the original local features, and new plants need to be installed. This building is unique for its location. Thanks to some restoration works, it would be possible to create a lovely living area on the ground floor with some windows where to admire the panorama, while the upper floor could house the sleeping area. This property is ideally suited for those who want to create an agritourism with animal farming and oil and wine production. The five big outbuildings could be used to create little detached apartments or to be used as shelters for animals. The field extends to about 20 hectares and comprises arable land, grazing land, olive trees, vineyard, and wood. Distances: only 10 mintues far from the motorway of Fabro, 7 km from Citt della Pieve, 150 km from Rome, 150 km from Florence.
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Currency Exchange
TR, Umbria, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
TR, Umbria, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
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 £9,048 more.
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