A short distance from Elice, a few minutes from the historic village of Citt Sant'Angelo, one of the most beautiful villages in Italy, this farmhouse, dating from 1900, was completely renovated in 1998, including the roof, retaining all the characteristics of an old farmhouse

Elice, Abruzzo, Italy

For Sale

€248,000

REF: 516394 €248,000


6

3

280 m2

4000 m2

Description

A short distance from Elice, a few minutes from the historic village of Citt Sant'Angelo, one of the most beautiful villages in Italy, this farmhouse, dating from 1900, was completely renovated in 1998, including the roof, retaining all the characteristics of an old farmhouse. The property is divided into 2 apartments with separate entrances.

The one on the ground floor is entirely with vaulted ceilings with splendid pillars. The apartment is equipped with a thermo-fireplace and radiators and consists of: two bedrooms, kitchen, spacious living room with a porch of about 90 square metres, bathroom and a hallway leading to the garden where we find an annex and space to build a swimming pool.

An external staircase leads to the second apartment consisting of: large open-space with kitchen and dining room, two double bedrooms, two single bedrooms and two bathrooms. Some rooms on the upper floor also have vaulted ceilings, a characteristic of that period. The property includes about 4,000 metres of land with 20 olive trees and fruit trees. Excellent both to live and as a holiday rental property.
A short distance from Elice, a few minutes from the historic village of Citt Sant'Angelo, one of the most beautiful villages in Italy, this farmhouse, dating from 1900, was completely renovated in 1998, including the roof, retaining all the characteristics of an old farmhouse. The property is divided into 2 apartments with separate entrances.

The one on the ground floor is entirely with vaulted ceilings with splendid pillars. The apartment is equipped with a thermo-fireplace and radiators and consists of: two bedrooms, kitchen, spacious living room with a porch of about 90 square metres, bathroom and a hallway leading to the garden where we find an annex and space to build a swimming pool.

An external staircase leads to the second apartment consisting of: large open-space with kitchen and dining room, two double bedrooms, two single bedrooms and two bathrooms. Some rooms on the upper floor also have vaulted ceilings, a characteristic of that period. The property includes about 4,000 metres of land with 20 olive trees and fruit trees. Excellent both to live and as a holiday rental property.
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Property on Map

#IAB35969

Currency Exchange

Elice, Abruzzo, 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 €248,000 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
€248,000 £210,971 £217,382 £6,411
Property Price € €248,000
Minimum cost in the last six months £210,971
Maximum cost in the last six months £217,382
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,411

Elice, Abruzzo, 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 €248,000 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
€248,000 £210,971 £217,382 £6,411
Property Price € €248,000
Minimum cost in the last six months £210,971
Maximum cost in the last six months £217,382
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,411

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 £6,411 more.

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