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Apartment located in Castello, which is the largest of the six sestieri of Venice
Castello, Veneto, Italy
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REF: 37177
€550,000
Description
Apartment located in Castello, which is the largest of the six sestieri of Venice. The district became divided between the Arsenale and the monasteries in the north of the quarter. It s near the Bienniale Gardens, and still more recently the island of Sant Elena has been created, and land drained at other extremities of the quarter. Other attractions in Castello include the Scuola di San Marco, the Church of Santi Giovanni e Paolo, the Scuola of San Giorgio degli Schiavoni, the church of San Giorgio dei Greci, the Campo Santa Maria Formosa, the Church of La Piet and the Church of San Zaccaria. The apartment is consists of : Ground floor: large living room, kitchen, bathroom First floor: 2 bedrooms, 1 bathroom The distance from the International Airport: 7 km, train station: 2 km.
Apartment located in Castello, which is the largest of the six sestieri of Venice. The district became divided between the Arsenale and the monasteries in the north of the quarter. It s near the Bienniale Gardens, and still more recently the island of Sant Elena has been created, and land drained at other extremities of the quarter. Other attractions in Castello include the Scuola di San Marco, the Church of Santi Giovanni e Paolo, the Scuola of San Giorgio degli Schiavoni, the church of San Giorgio dei Greci, the Campo Santa Maria Formosa, the Church of La Piet and the Church of San Zaccaria. The apartment is consists of : Ground floor: large living room, kitchen, bathroom First floor: 2 bedrooms, 1 bathroom The distance from the International Airport: 7 km, train station: 2 km.
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Currency Exchange
Castello, Veneto, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £472,208 | £494,148 | £21,940 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £472,208 |
| Maximum cost in the last six months | £494,148 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,940 |
Castello, Veneto, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £472,208 | £494,148 | £21,940 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £472,208 |
| Maximum cost in the last six months | £494,148 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,940 |
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 £21,940 more.
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