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In an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs
Siracusa, Sicily, Italy
REF: 523023
€490,000
Description
House44In an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a lonIn an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a lonIn an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a long corridor that opens on to an open plan kitchen, a large living room, 2 bedrooms, a bathroom, a small closet and long panoramic balconies. The other two units consist of two large bedrooms, a bathroom and a small closet; the other is made up of a single room with mezzanine room and bathroom. All the property has been finely restored and is equipped with independent heating, heat pumps and air conditioning. This property provides the perfect opportunity to both take advantage of this beautiful residence as a holiday home and as a potentially lucrative rental investment. The Dolce Vita is your one-stop shop for all your Sicilian property buying requirements. We have a selection of apartments and villas in all areas of Sicily to meet your personal tastes and budget. We are not agents ourselves, but work closely with a number of government accredited local Sicilian estate agents. We provide our professional services including Find a Property , negotiation and bi-lingual language support at no additional cost to what any buyer would have to pay a local agent when purchasing a property in Italy. In effect, our customer focused, friendly and efficient bi-lingual service is free. Please contact us to see how we can make your Sicilian property ownership dreams come true.220sq meters
House44In an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a lonIn an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a lonIn an elegant setting, in the center of Corso Matteotti on Ortigia Island, is this charming and very well presented property that is currently divided into three residential units, two of which are used as B&Bs. The main unit is composed of a long corridor that opens on to an open plan kitchen, a large living room, 2 bedrooms, a bathroom, a small closet and long panoramic balconies. The other two units consist of two large bedrooms, a bathroom and a small closet; the other is made up of a single room with mezzanine room and bathroom. All the property has been finely restored and is equipped with independent heating, heat pumps and air conditioning. This property provides the perfect opportunity to both take advantage of this beautiful residence as a holiday home and as a potentially lucrative rental investment. The Dolce Vita is your one-stop shop for all your Sicilian property buying requirements. We have a selection of apartments and villas in all areas of Sicily to meet your personal tastes and budget. We are not agents ourselves, but work closely with a number of government accredited local Sicilian estate agents. We provide our professional services including Find a Property , negotiation and bi-lingual language support at no additional cost to what any buyer would have to pay a local agent when purchasing a property in Italy. In effect, our customer focused, friendly and efficient bi-lingual service is free. Please contact us to see how we can make your Sicilian property ownership dreams come true.220sq meters
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Currency Exchange
Siracusa, Sicily, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £416,838 | £429,505 | £12,667 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £416,838 |
| Maximum cost in the last six months | £429,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,667 |
Siracusa, Sicily, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £416,838 | £429,505 | £12,667 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £416,838 |
| Maximum cost in the last six months | £429,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,667 |
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 £12,667 more.
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