IL ROSSO DI MONTEPULCIANO

Montepulciano, Tuscany, Italy

For Sale

€320,000

REF: 447667 €320,000


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3

Description

Recently renovated townhouse of 130 sqm, centrally located on the main road in Motepulciano, currently used as a B&B, with a total of 3 bedrooms and 3 bathrooms. The property is composed of 3 levels. From the main door, you will find a staircase that leads to the first floor, where there is a large bedroom, a storage closet and a bathroom with shower.

Going up to the second floor, you will find another bedroom with a bathroom and closet. Here there is the possibility of adding a kitchen and transforming the bedroom into a living room with dining area. On the third floor, you will find the last bedroom, a bathroom, a storage room and a technical room. Given its central location, this property is very popular for rentals.
Recently renovated townhouse of 130 sqm, centrally located on the main road in Motepulciano, currently used as a B&B, with a total of 3 bedrooms and 3 bathrooms. The property is composed of 3 levels. From the main door, you will find a staircase that leads to the first floor, where there is a large bedroom, a storage closet and a bathroom with shower.

Going up to the second floor, you will find another bedroom with a bathroom and closet. Here there is the possibility of adding a kitchen and transforming the bedroom into a living room with dining area. On the third floor, you will find the last bedroom, a bathroom, a storage room and a technical room. Given its central location, this property is very popular for rentals.
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Property on Map

#6850

Currency Exchange

Montepulciano, Tuscany, 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 €320,000 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
€320,000 £267,571 £288,669 £21,098
Property Price € €320,000
Minimum cost in the last six months £267,571
Maximum cost in the last six months £288,669
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,098

Montepulciano, Tuscany, 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 €320,000 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
€320,000 £267,571 £288,669 £21,098
Property Price € €320,000
Minimum cost in the last six months £267,571
Maximum cost in the last six months £288,669
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,098

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 £21,098 more.

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