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CASALE RICCIOLO
Cortona, Tuscany, Italy
REF: 654432
€730,000
Description
Beautiful stone farmhouse of 165 sqm for sale on two levels, with an annexe to be completed for a total of 2 bedrooms and 2 bathrooms in a hillside location with views over the Valdichiana. This charming stone farmhouse, with typical Tuscan finishes, is located in the hills surrounding the famous town of Cortona, a short distance from all services. The property, surrounded by nature and with a spectacular view over the Valdichiana, comprises a farmhouse of about 165 sqm on two levels and an annexe to be completed next to it. On the ground floor of the main house, we find a lovely kitchen, a large dining room with fireplace, a dining room and a service bathroom. On this floor we also find the laundry area and the pizza oven. On the first floor is the sleeping area, which includes two bedrooms and a bathroom. More space has been obtained in the annexe, also on two levels, which is in the final phase of renovation. There is also a small loggia where you can enjoy summer lunches of about 10 square metres. Outside, the property is surrounded by about 1.6 ha of land, mainly used as olive grove, there are approximately 500 trees. An 8x4 above-ground swimming pool also makes it possible to take a swim with a spectacular view, perhaps at sunset.
Beautiful stone farmhouse of 165 sqm for sale on two levels, with an annexe to be completed for a total of 2 bedrooms and 2 bathrooms in a hillside location with views over the Valdichiana. This charming stone farmhouse, with typical Tuscan finishes, is located in the hills surrounding the famous town of Cortona, a short distance from all services. The property, surrounded by nature and with a spectacular view over the Valdichiana, comprises a farmhouse of about 165 sqm on two levels and an annexe to be completed next to it. On the ground floor of the main house, we find a lovely kitchen, a large dining room with fireplace, a dining room and a service bathroom. On this floor we also find the laundry area and the pizza oven. On the first floor is the sleeping area, which includes two bedrooms and a bathroom. More space has been obtained in the annexe, also on two levels, which is in the final phase of renovation. There is also a small loggia where you can enjoy summer lunches of about 10 square metres. Outside, the property is surrounded by about 1.6 ha of land, mainly used as olive grove, there are approximately 500 trees. An 8x4 above-ground swimming pool also makes it possible to take a swim with a spectacular view, perhaps at sunset.
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Currency Exchange
Cortona, 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 €730,000 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 |
|---|---|---|---|
| €730,000 | £626,749 | £655,869 | £29,120 |
| Property Price € | €730,000 |
| Minimum cost in the last six months | £626,749 |
| Maximum cost in the last six months | £655,869 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,120 |
Cortona, 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 €730,000 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 |
|---|---|---|---|
| €730,000 | £626,749 | £655,869 | £29,120 |
| Property Price € | €730,000 |
| Minimum cost in the last six months | £626,749 |
| Maximum cost in the last six months | £655,869 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,120 |
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 £29,120 more.
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