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Apartment in Tuscany
Montepulciano, 85, Italy
REF: 430071
€285,000
Description
Charming penthouse of approximately 108 sqm in the historical center of Montepulciano, with a total of 3 bedrooms, 2 bathrooms and panoramic terrace. In the main street of the beautiful village of Montepulciano we find this charming penthouse of 108 sqm divided into 2 levels. On the ground floor there is a living room, a kitchen, a toilet, a spacious and bright dining room and a bedroom. On the upper floor there is a bathroom and two bedrooms, one of which has a panoramic terrace with views over Montepulciano. The apartment has a methane heating system, while the water supply is guaranteed by the public aqueduct.The property has been completely restored in the early 70's using valuable and typical Tuscan elements.This property is perfect to be used either as a residence or as a second home where you can spend your holidays a few steps from bars, restaurants and wine bars. Given the size and the excellent position of the property, it is possible to use it also for tourist accommodation activities. The apartment is located in the heart of the historical center of Montepulciano, a few steps from shops, bars, restaurants, wine shops and supermarkets. Pienza 15km (20 minutes), Montalcino 40km (45 minutes), Monticchiello 15km (20 minutes), Montefollonico 5km (10 minutes), Castiglione d'Orcia 30km (40 minutes), Siena 60km (50 minutes). The nearest airports are those of Perugia. Pisa 180km (2 hours), Florence 110km (1 hour 30 minutes), Rome 190km (2 hours).
Charming penthouse of approximately 108 sqm in the historical center of Montepulciano, with a total of 3 bedrooms, 2 bathrooms and panoramic terrace. In the main street of the beautiful village of Montepulciano we find this charming penthouse of 108 sqm divided into 2 levels. On the ground floor there is a living room, a kitchen, a toilet, a spacious and bright dining room and a bedroom. On the upper floor there is a bathroom and two bedrooms, one of which has a panoramic terrace with views over Montepulciano. The apartment has a methane heating system, while the water supply is guaranteed by the public aqueduct.The property has been completely restored in the early 70's using valuable and typical Tuscan elements.This property is perfect to be used either as a residence or as a second home where you can spend your holidays a few steps from bars, restaurants and wine bars. Given the size and the excellent position of the property, it is possible to use it also for tourist accommodation activities. The apartment is located in the heart of the historical center of Montepulciano, a few steps from shops, bars, restaurants, wine shops and supermarkets. Pienza 15km (20 minutes), Montalcino 40km (45 minutes), Monticchiello 15km (20 minutes), Montefollonico 5km (10 minutes), Castiglione d'Orcia 30km (40 minutes), Siena 60km (50 minutes). The nearest airports are those of Perugia. Pisa 180km (2 hours), Florence 110km (1 hour 30 minutes), Rome 190km (2 hours).
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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 €285,000 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 |
|---|---|---|---|
| €285,000 | £242,447 | £249,814 | £7,367 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £242,447 |
| Maximum cost in the last six months | £249,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,367 |
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £242,447 | £249,814 | £7,367 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £242,447 |
| Maximum cost in the last six months | £249,814 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,367 |
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 £7,367 more.
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