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Apartment in Tuscany
Montepulciano, 85, Italy
REF: 694891
€295,000
Description
In the famous historic center of Montepulciano we find this wonderful apartment with a small terrace overlooking the streets of the center and a further terrace on the top floor with a panoramic view of Lake Trasimeno. The apartment is spread over 4 floors. On the first floor we find the entrance overlooking one of the streets in the centre. The second floor houses the living room with a beautiful small terrace, the kitchen, a small service bathroom and a utility room. On the third floor there are two bedrooms, a bathroom, three rooms used as a laundry/storage room. In the attic on the top floor, we find a surprise that reserves this wonderful apartment, a terrace overlooking Lake Trasimeno. The property includes a cellar in the basement. The apartment is connected to electricity and water supply. Heating is currently not present, but there is the possibility of connecting to methane. The apartment has finishes typical of Tuscan tradition and requires restyling. This apartment is perfect for use as a main residence or as a holiday home. Given the central location in one of the most famous villages, it also lends itself very well as an excellent investment to be used as a B&B or in the tourist rental circuit. The apartment is located in a central position, all services can be easily reached on foot. Within walking distance you can find bars, restaurants, wine bars and shops. Pienza (15 km), Montefollonico (8 km), Montichiello (8 km), San Quirico d'Orcia (20 km), Chianciano Terme (10 km), Castiglione d'Orcia (25 km) and Montalcino (35 km). The closest airports are Perugia (70 km), Florence (125 km) and Rome (210 km). The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
In the famous historic center of Montepulciano we find this wonderful apartment with a small terrace overlooking the streets of the center and a further terrace on the top floor with a panoramic view of Lake Trasimeno. The apartment is spread over 4 floors. On the first floor we find the entrance overlooking one of the streets in the centre. The second floor houses the living room with a beautiful small terrace, the kitchen, a small service bathroom and a utility room. On the third floor there are two bedrooms, a bathroom, three rooms used as a laundry/storage room. In the attic on the top floor, we find a surprise that reserves this wonderful apartment, a terrace overlooking Lake Trasimeno. The property includes a cellar in the basement. The apartment is connected to electricity and water supply. Heating is currently not present, but there is the possibility of connecting to methane. The apartment has finishes typical of Tuscan tradition and requires restyling. This apartment is perfect for use as a main residence or as a holiday home. Given the central location in one of the most famous villages, it also lends itself very well as an excellent investment to be used as a B&B or in the tourist rental circuit. The apartment is located in a central position, all services can be easily reached on foot. Within walking distance you can find bars, restaurants, wine bars and shops. Pienza (15 km), Montefollonico (8 km), Montichiello (8 km), San Quirico d'Orcia (20 km), Chianciano Terme (10 km), Castiglione d'Orcia (25 km) and Montalcino (35 km). The closest airports are Perugia (70 km), Florence (125 km) and Rome (210 km). The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
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Currency Exchange
Montepulciano, 85, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
Montepulciano, 85, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £250,954 | £258,579 | £7,626 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £250,954 |
| Maximum cost in the last six months | £258,579 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,626 |
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 £7,626 more.
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