Steeped into 48,000 sqm off farm land with olive trees, wonderful 300 sqm masseria composed of two buildings, recently restored with high regard for the local traditions, thanks to a renovation that has preserved the authenticity of the masseria

Surbo, Puglia, Italy

For Sale

€510,000

REF: 382305 €510,000


5

6

300 m2

48000 m2

Description

Steeped into 48,000 sqm off farm land with olive trees, wonderful 300 sqm masseria composed of two buildings, recently restored with high regard for the local traditions, thanks to a renovation that has preserved the authenticity of the masseria. Located in close proximity to Lecce and only 3 km away from the seaside, the property is entirely fenced by the old walls, creating a nice private environment.

The main entrance is characterized by impressive stone gates leading to the front courtyard, and there is also a second entryway on the rear side of the 'masseria'. The two buildings, both built on a single level, at the ground floor, are composed of a main residence with entryway, a big living room with fireplace, a dining room with fireplace, a wide fully equipped kitchen, a guest bathroom and a big bedroom with en-suite bathroom, while the other four bedrooms with private bathrooms are located inside the other building, where there is also a nice 'portico' with outdoor kitchen, perfect for 'al fresco' dining.

The heating system is LPG supplied and there is an artesian well as well as a storage tank, while the sewage and waste disposal is made through an innovative phytopurification system; inside a technical room there are already the installations set for a potential future swimming pool. A wonderful real estate that, besides the current use as tourist accommodation, can also be used as a great charm private residence.
Steeped into 48,000 sqm off farm land with olive trees, wonderful 300 sqm masseria composed of two buildings, recently restored with high regard for the local traditions, thanks to a renovation that has preserved the authenticity of the masseria. Located in close proximity to Lecce and only 3 km away from the seaside, the property is entirely fenced by the old walls, creating a nice private environment.

The main entrance is characterized by impressive stone gates leading to the front courtyard, and there is also a second entryway on the rear side of the 'masseria'. The two buildings, both built on a single level, at the ground floor, are composed of a main residence with entryway, a big living room with fireplace, a dining room with fireplace, a wide fully equipped kitchen, a guest bathroom and a big bedroom with en-suite bathroom, while the other four bedrooms with private bathrooms are located inside the other building, where there is also a nice 'portico' with outdoor kitchen, perfect for 'al fresco' dining.

The heating system is LPG supplied and there is an artesian well as well as a storage tank, while the sewage and waste disposal is made through an innovative phytopurification system; inside a technical room there are already the installations set for a potential future swimming pool. A wonderful real estate that, besides the current use as tourist accommodation, can also be used as a great charm private residence.
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Property on Map

#IPU25701

Currency Exchange

Surbo, Puglia, 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 €510,000 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
€510,000 £426,442 £460,066 £33,624
Property Price € €510,000
Minimum cost in the last six months £426,442
Maximum cost in the last six months £460,066
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,624

Surbo, Puglia, 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 €510,000 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
€510,000 £426,442 £460,066 £33,624
Property Price € €510,000
Minimum cost in the last six months £426,442
Maximum cost in the last six months £460,066
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,624

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 £33,624 more.

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