Apartment in Umbria

Panicale, 84, Italy

For Sale

€130,000

REF: 514134 €130,000


3

Description

Delightful townhouse on three levels for a total of 135 sqm with private land/garden. On the ground floor we have the entrance, the garage, an area used as a tavern and a bathroom; on the first floor a kitchen with fireplace, living room/bedroom with small terrace and bathroom with shower; on the second floor two double bedrooms one of which has a mezzanine and bathroom with shower.

The property was completely renovated in 2004 and used as a second home. Main facing in full South and panoramic. The conditions are optimal and the finishes of a high standard. The floors are in terracotta d'Este, doors and window frames in solid wood, the attics are exposed and the roof is insulated.

The heating system has a gas boiler, as well as a wood stove connected to radiators and a fireplace. About 50 meters away from the house we find the large garden of 1,700 square meters completely fenced-in and equipped with a well, irrigation system, 23 olive trees and various fruit trees. Upon request, the property can be sold fully furnished.

All utilities are present. The property includes a well.The finishes are of excellent quality, terracotta floors, exposed wooden floors, chestnut wood fixtures, insulated roof. The state of conservation is excellent. Excellent solution both as a first and second home. Located about 5 kilometers from the historic center of Panicale, in a small village.

The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property. This property is registered to an individual/s and the sale will be subject to registration tax according to current regulations (see private purchase costs).
Delightful townhouse on three levels for a total of 135 sqm with private land/garden. On the ground floor we have the entrance, the garage, an area used as a tavern and a bathroom; on the first floor a kitchen with fireplace, living room/bedroom with small terrace and bathroom with shower; on the second floor two double bedrooms one of which has a mezzanine and bathroom with shower.

The property was completely renovated in 2004 and used as a second home. Main facing in full South and panoramic. The conditions are optimal and the finishes of a high standard. The floors are in terracotta d'Este, doors and window frames in solid wood, the attics are exposed and the roof is insulated.

The heating system has a gas boiler, as well as a wood stove connected to radiators and a fireplace. About 50 meters away from the house we find the large garden of 1,700 square meters completely fenced-in and equipped with a well, irrigation system, 23 olive trees and various fruit trees. Upon request, the property can be sold fully furnished.

All utilities are present. The property includes a well.The finishes are of excellent quality, terracotta floors, exposed wooden floors, chestnut wood fixtures, insulated roof. The state of conservation is excellent. Excellent solution both as a first and second home. Located about 5 kilometers from the historic center of Panicale, in a small village.

The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property. This property is registered to an individual/s and the sale will be subject to registration tax according to current regulations (see private purchase costs).
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Property on Map

#6737

Currency Exchange

Panicale, 84, 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 €130,000 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
€130,000 £110,590 £113,944 £3,354
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,944
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,354

Panicale, 84, 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 €130,000 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
€130,000 £110,590 £113,944 £3,354
Property Price € €130,000
Minimum cost in the last six months £110,590
Maximum cost in the last six months £113,944
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,354

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 £3,354 more.

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