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Farmhouse-rustico in Tuscany
Torrita di Siena, 85, Italy
REF: 46774
€570,000
Description
In the charming valley between Montepulciano and Montefollonico, located in a high position, we find this farmhouse of about 200sqm on two levels, with a completely fenced park of 3000sqm and electric gate. The property is in good conditions, but some improvement work could show its entire potential. The farmhouse is composed of a bright living room, dining room, kitchen with access to the garden, the laundry and the utility room, and a garage at ground floor, three bedrooms, two bathrooms and a terrace on the first floor. It is possible to build a swimming pool within the park. Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property.
In the charming valley between Montepulciano and Montefollonico, located in a high position, we find this farmhouse of about 200sqm on two levels, with a completely fenced park of 3000sqm and electric gate. The property is in good conditions, but some improvement work could show its entire potential. The farmhouse is composed of a bright living room, dining room, kitchen with access to the garden, the laundry and the utility room, and a garage at ground floor, three bedrooms, two bathrooms and a terrace on the first floor. It is possible to build a swimming pool within the park. Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property.
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Currency Exchange
Torrita di Siena, 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 €570,000 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 |
|---|---|---|---|
| €570,000 | £484,893 | £498,995 | £14,102 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £484,893 |
| Maximum cost in the last six months | £498,995 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,102 |
Torrita di Siena, 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 €570,000 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 |
|---|---|---|---|
| €570,000 | £484,893 | £498,995 | £14,102 |
| Property Price € | €570,000 |
| Minimum cost in the last six months | £484,893 |
| Maximum cost in the last six months | £498,995 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,102 |
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 £14,102 more.
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