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Brindisi Ref: 4911
Brindisi, Puglia, Italy
REF: 398908
€100,000
Description
Surrounded by open fields and landscapes right to the Adriatic sea, this 2 bedroom colonial style cottage farmhouse with outbuildings and with nearly 10 acres of land, offers a renovation opportunity to create a 3-4 bedroom home, some 10 minutes to the beaches, 10 minutes to San Vito dei Normanni and 15 minutes to Brindisi airport. The cottage to be modernised, currently provides about 60m2 of accommodation which consists of a living room, kitchen, 2 bedrooms and bathroom. Terrace doors lead to the inner courtyard of some 120m2 within stone walls. The courtyard has five mandarin trees, on lemon tree, a fig tree ad the fresh water cistern. On the opposite side of the courtyard is a separate building of some 40m2 which contains two rooms and a large pizza oven and barbeque. The building could be used for extra accommodation or converted into a 1-2 bedroom and bathroom guest cottage (subject to planning permission). A small pool could be added in the courtyard or on the roof, which needs to be renewed. There is a small garden with plants and a further area planted with vegetables. The land of some 40,000m2 (about 9.88 acres) consists of a large open field with marvellous south easterly views towards the sea. The land was planted in 2017 after 3 years in a passive state and could easily be leased to farmers for vegetable growing, or partly used to plant vines, or fruit trees. This is a nice little property, which with modernisation can create a super farmhouse, close to all amenities and the sea and within easy reach of the delightful town of Serranova and other small towns, local restaurants and bars that serve locally caught fish. Price 100.000 EurosCasa Travella Ltd.
Surrounded by open fields and landscapes right to the Adriatic sea, this 2 bedroom colonial style cottage farmhouse with outbuildings and with nearly 10 acres of land, offers a renovation opportunity to create a 3-4 bedroom home, some 10 minutes to the beaches, 10 minutes to San Vito dei Normanni and 15 minutes to Brindisi airport. The cottage to be modernised, currently provides about 60m2 of accommodation which consists of a living room, kitchen, 2 bedrooms and bathroom. Terrace doors lead to the inner courtyard of some 120m2 within stone walls. The courtyard has five mandarin trees, on lemon tree, a fig tree ad the fresh water cistern. On the opposite side of the courtyard is a separate building of some 40m2 which contains two rooms and a large pizza oven and barbeque. The building could be used for extra accommodation or converted into a 1-2 bedroom and bathroom guest cottage (subject to planning permission). A small pool could be added in the courtyard or on the roof, which needs to be renewed. There is a small garden with plants and a further area planted with vegetables. The land of some 40,000m2 (about 9.88 acres) consists of a large open field with marvellous south easterly views towards the sea. The land was planted in 2017 after 3 years in a passive state and could easily be leased to farmers for vegetable growing, or partly used to plant vines, or fruit trees. This is a nice little property, which with modernisation can create a super farmhouse, close to all amenities and the sea and within easy reach of the delightful town of Serranova and other small towns, local restaurants and bars that serve locally caught fish. Price 100.000 EurosCasa Travella Ltd.
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Currency Exchange
Brindisi, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
Brindisi, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £85,069 | £87,654 | £2,585 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £85,069 |
| Maximum cost in the last six months | £87,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,585 |
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 £2,585 more.
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