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Tenuta del Lago
ALESSANDRIA, PIEMONTE, Italy
REF: 381057
€890,000
Description
PIEDMONT - ALESSANDRIA - MONFERRATO The property "Tenuta del Lago" rises on the gentle and mild hills of Ovada, in the highest Monferrato. Surrounded by 16 hectares of land of which : - 2,4 hectares per vineyard ( Barbera, Chardonnay, Dolcetto, Cortese, Pinot Noir, Moscato,); - 2,3 hectares in lavender; - 2,5 hectares of poplar trees; - 5 hectares of fodder; - forest and paddock. The property consists of an old farmhouse with two separate apartments to be restored and composed of : - First apartment: kitchen, living room, two bedrooms, two bathrooms; - Second apartment: kitchen, living room, three bedrooms, bathroom; On the ground floor large hall used as a restaurant (74 seats), professional cuisine and services; - Warehouse for agricultural equipment and agricultural machinery; - Shed for vinification and bottling; - Large cold room; - Large cellar with brick vaults and cave for aging; - Stable with 4 horses box plus area for breeding goats/ sheep or 12 horses box; - Large lake of spring water; - 40 kw of photovoltaic - lpg heating - Three-phase electricity supply - Municipal aqueduct; - Three wells of spring water
PIEDMONT - ALESSANDRIA - MONFERRATO The property "Tenuta del Lago" rises on the gentle and mild hills of Ovada, in the highest Monferrato. Surrounded by 16 hectares of land of which : - 2,4 hectares per vineyard ( Barbera, Chardonnay, Dolcetto, Cortese, Pinot Noir, Moscato,); - 2,3 hectares in lavender; - 2,5 hectares of poplar trees; - 5 hectares of fodder; - forest and paddock. The property consists of an old farmhouse with two separate apartments to be restored and composed of : - First apartment: kitchen, living room, two bedrooms, two bathrooms; - Second apartment: kitchen, living room, three bedrooms, bathroom; On the ground floor large hall used as a restaurant (74 seats), professional cuisine and services; - Warehouse for agricultural equipment and agricultural machinery; - Shed for vinification and bottling; - Large cold room; - Large cellar with brick vaults and cave for aging; - Stable with 4 horses box plus area for breeding goats/ sheep or 12 horses box; - Large lake of spring water; - 40 kw of photovoltaic - lpg heating - Three-phase electricity supply - Municipal aqueduct; - Three wells of spring water
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Currency Exchange
ALESSANDRIA, PIEMONTE, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £758,930 | £787,988 | £29,059 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £758,930 |
| Maximum cost in the last six months | £787,988 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,059 |
ALESSANDRIA, PIEMONTE, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £758,930 | £787,988 | £29,059 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £758,930 |
| Maximum cost in the last six months | £787,988 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,059 |
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 £29,059 more.
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