Apartment in Umbria

Ficulle, 84, Italy

For Sale

€120,000

REF: 685733 €120,000


1

Description

Historical centre in Umbria "Il Chiosco". Apartment in of a historical building having a dominant position over the main square of the town and a common kiosk. It could also have a private access, but the main hall is full of fascinating details and still retains its historical medieval charm. It has an enchanting kiosk with terraced gardens, stairways and ancient portals.

The property is about 320 sqm including a 155 sqm apartment on the first floor, which was restored during the '80s, consisting of large dining room, living room with fireplace, large kitchen with fireplace, three bedrooms and bathroom, and an attic floor of 200sqm ready to be finished that could be used as additional magnificent apartment.

The building overlooks the main street of the town and has a views over the square, the alleys, the towers, the steeples and from the top floors it is possible to see the horizon of the Umbrian-Tuscan countryside. It could be turned into a characteristic and productive accommodation business with interesting income, or used for vacation rentals.

Sought after, the building has an old times charm and is an excellent investment. It would be possible to purchase fractions of it, creating new independent accesses to the attic. Rooms at ground floor/basement with direct access to the shops/garages and picturesque wineries in the basement. The estate is supplied by the services that reach the nearby town, such as the municipal waterworks and the electricity provided by the Enel company.

The phone is working as well as the ADLS. The house is heated by stoves and fireworks and in some rooms by natural gas convector hater and radiators. The estate was partly restored, but it could be further improved through some renovation works to that would evaluate it making it even more characteristic.

On the attic there are some rooms that could be finished enlarging in this way the habitable part of the house. The building kept several of its original features. The roof has been redone of masonry to reinforce the structure. The external walls are made of the characteristic local stone. "ENERGY CLASS: is hasn't been tracked since the estate is in need of renovation and finishing works and isn't, in this situation, subject to certification".

The property could be used as main residence or as second home. It is in a strategic and well supplied location and could also be a convenient base to reach and visit the main centres of Umbria and Tuscany. It could also be turned into a characteristic and remunerative accommodation business. Sought after for its old stile, the building is a great investment.

The building is located in the main square of the historical centre of Ficulle, near the town hall and the church with its beautiful bell-tower. The characteristic medieval hamlet between Umbria and Tuscany, is easily reachable in 5 minutes by car via the main railway and motorway of Fabro. Within a radius of few kilometres there are all the most characteristic historical centres of Umbria: Todi, Perugia, Gubbio, Assisi, etc.

It is very close to the picturesque town of Orvieto, worldwide renown for its monuments and good wine. The estate was built before 1967 and restored or modified through regular building permits and authorizations. It is registered at the NCEU. The estate is in the name of a person and it will be taxed in accordance with the law.

In chase of purchase of a fraction of the property as first home with relative tax deduction there will be the obligation of moving in within 18 months from the date of the notarial deed. The land will be taxed in accordance with the law. The detail will be defined during the negotiation in accordance with the current laws.
Historical centre in Umbria "Il Chiosco". Apartment in of a historical building having a dominant position over the main square of the town and a common kiosk. It could also have a private access, but the main hall is full of fascinating details and still retains its historical medieval charm. It has an enchanting kiosk with terraced gardens, stairways and ancient portals.

The property is about 320 sqm including a 155 sqm apartment on the first floor, which was restored during the '80s, consisting of large dining room, living room with fireplace, large kitchen with fireplace, three bedrooms and bathroom, and an attic floor of 200sqm ready to be finished that could be used as additional magnificent apartment.

The building overlooks the main street of the town and has a views over the square, the alleys, the towers, the steeples and from the top floors it is possible to see the horizon of the Umbrian-Tuscan countryside. It could be turned into a characteristic and productive accommodation business with interesting income, or used for vacation rentals.

Sought after, the building has an old times charm and is an excellent investment. It would be possible to purchase fractions of it, creating new independent accesses to the attic. Rooms at ground floor/basement with direct access to the shops/garages and picturesque wineries in the basement. The estate is supplied by the services that reach the nearby town, such as the municipal waterworks and the electricity provided by the Enel company.

The phone is working as well as the ADLS. The house is heated by stoves and fireworks and in some rooms by natural gas convector hater and radiators. The estate was partly restored, but it could be further improved through some renovation works to that would evaluate it making it even more characteristic.

On the attic there are some rooms that could be finished enlarging in this way the habitable part of the house. The building kept several of its original features. The roof has been redone of masonry to reinforce the structure. The external walls are made of the characteristic local stone. "ENERGY CLASS: is hasn't been tracked since the estate is in need of renovation and finishing works and isn't, in this situation, subject to certification".

The property could be used as main residence or as second home. It is in a strategic and well supplied location and could also be a convenient base to reach and visit the main centres of Umbria and Tuscany. It could also be turned into a characteristic and remunerative accommodation business. Sought after for its old stile, the building is a great investment.

The building is located in the main square of the historical centre of Ficulle, near the town hall and the church with its beautiful bell-tower. The characteristic medieval hamlet between Umbria and Tuscany, is easily reachable in 5 minutes by car via the main railway and motorway of Fabro. Within a radius of few kilometres there are all the most characteristic historical centres of Umbria: Todi, Perugia, Gubbio, Assisi, etc.

It is very close to the picturesque town of Orvieto, worldwide renown for its monuments and good wine. The estate was built before 1967 and restored or modified through regular building permits and authorizations. It is registered at the NCEU. The estate is in the name of a person and it will be taxed in accordance with the law.

In chase of purchase of a fraction of the property as first home with relative tax deduction there will be the obligation of moving in within 18 months from the date of the notarial deed. The land will be taxed in accordance with the law. The detail will be defined during the negotiation in accordance with the current laws.
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Property on Map

#2336

Currency Exchange

Ficulle, 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 €120,000 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
€120,000 £102,083 £105,185 £3,102
Property Price € €120,000
Minimum cost in the last six months £102,083
Maximum cost in the last six months £105,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,102

Ficulle, 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 €120,000 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
€120,000 £102,083 £105,185 £3,102
Property Price € €120,000
Minimum cost in the last six months £102,083
Maximum cost in the last six months £105,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,102

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 £3,102 more.

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