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Farmhouse-rustico in Tuscany
Montepulciano, 85, Italy
REF: 429257
€690,000
Description
In the heart of the countryside of Montepulciano, not far from the medieval village itself, we find this beautiful semi restored farmhouse of about 300 sqm composed as follows: The ground floor is currently in need of restoration and is divided into various rooms for warehouse use. The first floor, which is accessed via an external staircase with a loggia, was restored in 1995 and is composed of a spacious living room, a kitchen, 2 bright bedrooms and a bathroom. Not far from the main house there is a small outbuilding of about 72 sqm used as a warehouse, with a lovely wood-burning oven. Externally the property has a land of about one hectare. The house has a wood heating system, while the water supply is guaranteed by a private well.The first floor of the property was completely restored in 1995, and some cosmetic work was completed when the current owners purchased the property in 2017, using top quality materials whilst fully respecting the rustic Tuscan tradition.This property is perfect to be used as a main residence or as a holiday home to rent or to enjoy when possible with family and friends.The nearest town is Montepulciano and is only 5 km (10 minutes) away. Pienza 15 km (25 minutes), Montalcino 40 km (50 minutes), Cortona 25 km (30 minutes), Castiglion d'Orcia 30 km (45 minutes), Siena 55 km (54 minutes). The nearest airport is Perugia 70 km (one hour). Florence Airport 125 km (one hour and 30 minutes), Rome Airport 185 km (2 hours), Pisa Airport 195 km (2 hours and 30 minutes).
In the heart of the countryside of Montepulciano, not far from the medieval village itself, we find this beautiful semi restored farmhouse of about 300 sqm composed as follows: The ground floor is currently in need of restoration and is divided into various rooms for warehouse use. The first floor, which is accessed via an external staircase with a loggia, was restored in 1995 and is composed of a spacious living room, a kitchen, 2 bright bedrooms and a bathroom. Not far from the main house there is a small outbuilding of about 72 sqm used as a warehouse, with a lovely wood-burning oven. Externally the property has a land of about one hectare. The house has a wood heating system, while the water supply is guaranteed by a private well.The first floor of the property was completely restored in 1995, and some cosmetic work was completed when the current owners purchased the property in 2017, using top quality materials whilst fully respecting the rustic Tuscan tradition.This property is perfect to be used as a main residence or as a holiday home to rent or to enjoy when possible with family and friends.The nearest town is Montepulciano and is only 5 km (10 minutes) away. Pienza 15 km (25 minutes), Montalcino 40 km (50 minutes), Cortona 25 km (30 minutes), Castiglion d'Orcia 30 km (45 minutes), Siena 55 km (54 minutes). The nearest airport is Perugia 70 km (one hour). Florence Airport 125 km (one hour and 30 minutes), Rome Airport 185 km (2 hours), Pisa Airport 195 km (2 hours and 30 minutes).
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Currency Exchange
Montepulciano, 85, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
Montepulciano, 85, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
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 £17,837 more.
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