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Cremia Ref: 4912
Cremia, Lake Como, Italy
REF: 399168
€295,000
Description
This lovely 2 bedroom fully furnished apartment with lift and covered parking space forms part of the completely restored residence La Baia formerly a spinning mill, uniquely placed directly on the lake and overlooking the marina at Cremia, some 10km north of Menaggio and some 90 minutes from Milan airports. The apartment, located on the 2nd floor, with lift access, provides about 80m2 of accommodation. The entrance hall leads to the living room with dining area and wonderful window overlooking the lake and marina. There is a separate fitted kitchenette, and the apartment also includes 2 bedrooms, bathroom and storage room. The property also includes a dedicated covered parking space which is accessed by electric gates, and use of the communal park which overlooks the lake. Being sold fully furnished with quality furniture, the apartment also benefits from gas central heating. Bars and restaurants, as well as the beach are located just 100 metres away as is public transport, and shops are just 1km away at Pianello which you can reach by the lake promenade. This is an excellent opportunity to purchase a lovely apartment in a unique residence, directly on the lake and the marina and ideal for personal use or even to provide rental income if desired. Energy Classification D 97.00 kWh/m2 pa. Price Just reduced to 295.000 Euros
This lovely 2 bedroom fully furnished apartment with lift and covered parking space forms part of the completely restored residence La Baia formerly a spinning mill, uniquely placed directly on the lake and overlooking the marina at Cremia, some 10km north of Menaggio and some 90 minutes from Milan airports. The apartment, located on the 2nd floor, with lift access, provides about 80m2 of accommodation. The entrance hall leads to the living room with dining area and wonderful window overlooking the lake and marina. There is a separate fitted kitchenette, and the apartment also includes 2 bedrooms, bathroom and storage room. The property also includes a dedicated covered parking space which is accessed by electric gates, and use of the communal park which overlooks the lake. Being sold fully furnished with quality furniture, the apartment also benefits from gas central heating. Bars and restaurants, as well as the beach are located just 100 metres away as is public transport, and shops are just 1km away at Pianello which you can reach by the lake promenade. This is an excellent opportunity to purchase a lovely apartment in a unique residence, directly on the lake and the marina and ideal for personal use or even to provide rental income if desired. Energy Classification D 97.00 kWh/m2 pa. Price Just reduced to 295.000 Euros
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Currency Exchange
Cremia, Lake Como, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
Cremia, Lake Como, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
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 £7,626 more.
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