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Gallicano Reference: 4176
Gallicano, Tuscany, Italy
REF: 341394
€55,000
Description
This detached house in need of renovation is 6 minutes walk to a bar and local shop in Trassilico, about an hour from Lucca and less than 90 minutes from Pisa airport. The property provides spacious accommodation in the form of 7 rooms over 2 floors as well as a lower ground level with a further cellar/basement area, and could easily provide accommodation to include a spacious living room, kitchen, 3 bedrooms and 2 bathrooms. Externally, the property sits in about 33000 m2 of land with a variety of trees including olive and fruit trees, and also a panoramic terrace with superb views over the surrounding countryside and hills. Whilst he property does not have electricity the nearest electricity line is 50 m from the house and it would be easy to connect. This is an excellent property ready for renovation to provide a detached country house with superb panoramic views. Energy Classification Not yet registered. Price 55.000 Euros Casa Travella Ltd +44 (0) 1322660988 www.casatravella.com
This detached house in need of renovation is 6 minutes walk to a bar and local shop in Trassilico, about an hour from Lucca and less than 90 minutes from Pisa airport. The property provides spacious accommodation in the form of 7 rooms over 2 floors as well as a lower ground level with a further cellar/basement area, and could easily provide accommodation to include a spacious living room, kitchen, 3 bedrooms and 2 bathrooms. Externally, the property sits in about 33000 m2 of land with a variety of trees including olive and fruit trees, and also a panoramic terrace with superb views over the surrounding countryside and hills. Whilst he property does not have electricity the nearest electricity line is 50 m from the house and it would be easy to connect. This is an excellent property ready for renovation to provide a detached country house with superb panoramic views. Energy Classification Not yet registered. Price 55.000 Euros Casa Travella Ltd +44 (0) 1322660988 www.casatravella.com
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Currency Exchange
Gallicano, 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 |
Gallicano, 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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