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Casale Arnata
Todi, Umbria, Italy
REF: 680133
€420,000
Description
Casale Arnata is a beautiful stone property that formerly served as a mill, nestled between the Umbrian valleys about 20 minutes from Todi, Casale Arnata offers the opportunity to spend long periods of tranquility in the midst of lush nature in complete privacy, surrounded by woods it is nestled at the foot of a hill. The property consists of 3 bedrooms, a bathroom, a bright and spacious living room, a kitchen and a pantry. The property, an ancient mill, stands at the foot of a hill, in a slightly raised area with respect to the flat valley. Nature and privacy are the major advantages of this particular location. The land owned is about 8 hectares of arable land and woodland. The old mill, renovated in the 90s, is habitable on the first floor. On the ground floor we find large rooms currently used as warehouses. The first floor is divided as follows: eat-in kitchen, large and very bright living room, terrace, pantry, 2 bedrooms and bathroom. On the second floor we find the third bedroom, accessible by an internal staircase. The property is completed by the ruins of a former pigsty to be recovered, as well as a tennis court which needs to be maintained and probably needs a new playing surface. It is possible to build a swimming pool, subject to authorization from the Municipality (the area is subject to hydrogeological restrictions).
Casale Arnata is a beautiful stone property that formerly served as a mill, nestled between the Umbrian valleys about 20 minutes from Todi, Casale Arnata offers the opportunity to spend long periods of tranquility in the midst of lush nature in complete privacy, surrounded by woods it is nestled at the foot of a hill. The property consists of 3 bedrooms, a bathroom, a bright and spacious living room, a kitchen and a pantry. The property, an ancient mill, stands at the foot of a hill, in a slightly raised area with respect to the flat valley. Nature and privacy are the major advantages of this particular location. The land owned is about 8 hectares of arable land and woodland. The old mill, renovated in the 90s, is habitable on the first floor. On the ground floor we find large rooms currently used as warehouses. The first floor is divided as follows: eat-in kitchen, large and very bright living room, terrace, pantry, 2 bedrooms and bathroom. On the second floor we find the third bedroom, accessible by an internal staircase. The property is completed by the ruins of a former pigsty to be recovered, as well as a tennis court which needs to be maintained and probably needs a new playing surface. It is possible to build a swimming pool, subject to authorization from the Municipality (the area is subject to hydrogeological restrictions).
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Currency Exchange
Todi, Umbria, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £360,595 | £377,349 | £16,754 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £360,595 |
| Maximum cost in the last six months | £377,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,754 |
Todi, Umbria, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £360,595 | £377,349 | £16,754 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £360,595 |
| Maximum cost in the last six months | £377,349 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,754 |
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 £16,754 more.
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