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Apartment in Umbria
Orvieto, 84, Italy
REF: 329107
€210,000
Description
In the most ancient area of Orvieto Cliff, in the medieval centre, we find this independent townhouse of 70sqm on two levels, restored in 2017 and ready to move in. A beautiful external staircase leads to the independent access; at this level we find the living area, a kitchen and a bathroom with shower, and a utility room in the stairwell; going up to the upper floor, we have a bedroom/study with utility room and a spacious double bedroom with en suite bathroom with shower. The property includes a large room of 30sqm at ground floor used as storage and another stairwell. Casa L Olmo is a bright, well refined and cosy house, set in a secluded but central location. The property is provided with the necessary utilities. The autonomous heating system is fuelled by methane. Casa L Olmo was restored, both internally and externally, in 2017. It boasts a beautiful fa ade characterised by a large window framed with tufa rock and a comfortable access staircase. Inside we find parquet pavements, Gres porcelain tiles for the bathrooms, double glazed wooden windows and internal shutters.The property is already well inserted into the vacation rentals market, so it could be a good investment to get an income. Otherwise, considering its proximity to the main transport routes, it could be used as main residence or second home. L Olmo enjoys the typical charm of the medieval centre of Orvieto. The A1 motorway exit is about 5km away from the historical centre, as well as the railway station. The town is full of amenities and cultural activities all year round. Thanks to its vicinity to Rome (about 1h) and Florence (about 2h), Orvieto is an ideal place to live in and to explore the marvellous surrounding territory.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
In the most ancient area of Orvieto Cliff, in the medieval centre, we find this independent townhouse of 70sqm on two levels, restored in 2017 and ready to move in. A beautiful external staircase leads to the independent access; at this level we find the living area, a kitchen and a bathroom with shower, and a utility room in the stairwell; going up to the upper floor, we have a bedroom/study with utility room and a spacious double bedroom with en suite bathroom with shower. The property includes a large room of 30sqm at ground floor used as storage and another stairwell. Casa L Olmo is a bright, well refined and cosy house, set in a secluded but central location. The property is provided with the necessary utilities. The autonomous heating system is fuelled by methane. Casa L Olmo was restored, both internally and externally, in 2017. It boasts a beautiful fa ade characterised by a large window framed with tufa rock and a comfortable access staircase. Inside we find parquet pavements, Gres porcelain tiles for the bathrooms, double glazed wooden windows and internal shutters.The property is already well inserted into the vacation rentals market, so it could be a good investment to get an income. Otherwise, considering its proximity to the main transport routes, it could be used as main residence or second home. L Olmo enjoys the typical charm of the medieval centre of Orvieto. The A1 motorway exit is about 5km away from the historical centre, as well as the railway station. The town is full of amenities and cultural activities all year round. Thanks to its vicinity to Rome (about 1h) and Florence (about 2h), Orvieto is an ideal place to live in and to explore the marvellous surrounding territory.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
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Currency Exchange
Orvieto, 84, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £178,645 | £184,073 | £5,429 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £178,645 |
| Maximum cost in the last six months | £184,073 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,429 |
Orvieto, 84, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £178,645 | £184,073 | £5,429 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £178,645 |
| Maximum cost in the last six months | £184,073 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,429 |
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 £5,429 more.
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