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Apartment in Tuscany
Monte Argentario, 888, Italy
REF: 69929
€980,000
Description
Sea view apartment located within the prestigious and renowned Olivastri di Cala Moresca. Porto Santo Stefano, residence with swimming pool and custodian. This large and spacious apartment is laid out on the ground floor level with direct access to its own private garden with terraces, all enjoying spectacular sea views towards the islands of Giglio and Giannutri. Large living room with fireplace, fitted kitchen, large storeroom with laundry,3 double bedrooms and 2 bathrooms. There is a most charming garden with terraced areas (totalling 250 m2), having open sea views towards the islands Giglio and Giannutri. There is a private 2-car garage within the property. It is also possible to purchase separately membership to the exclusive beach club Cala Piatti with bar and restaurant. Energy class G e IPE =177.975 kwh/m2 annoAll presentThe apartment is all in order but would benefit from some updating and modernisation. A large apartment ideal as a second home for spending relaxing weekends in a beautiful and convenient location by the sea. Could make a good investment for summer rental.Monte Argentario, surely the most beautiful part of the Tuscan coast, with its stunning rocky coastline and crystal blue waters. The apartment is located within the renowned and exclusive complex of Olivastri di Cala Moresca and is only 6 kms from the main town of Porto Santo Stefano. Monte Argentario is well served by the train station at Orbetello and Rome s Fiumicino International airport is 90 minutes by car.All paperwork in orderThe owner is a private individual. A purchase tax is payable on the cadastral value of the property levied at 9 % or 2% for those who obtain official residency in the district where the property is located within 18 months from the signing of the deed of sale.
Sea view apartment located within the prestigious and renowned Olivastri di Cala Moresca. Porto Santo Stefano, residence with swimming pool and custodian. This large and spacious apartment is laid out on the ground floor level with direct access to its own private garden with terraces, all enjoying spectacular sea views towards the islands of Giglio and Giannutri. Large living room with fireplace, fitted kitchen, large storeroom with laundry,3 double bedrooms and 2 bathrooms. There is a most charming garden with terraced areas (totalling 250 m2), having open sea views towards the islands Giglio and Giannutri. There is a private 2-car garage within the property. It is also possible to purchase separately membership to the exclusive beach club Cala Piatti with bar and restaurant. Energy class G e IPE =177.975 kwh/m2 annoAll presentThe apartment is all in order but would benefit from some updating and modernisation. A large apartment ideal as a second home for spending relaxing weekends in a beautiful and convenient location by the sea. Could make a good investment for summer rental.Monte Argentario, surely the most beautiful part of the Tuscan coast, with its stunning rocky coastline and crystal blue waters. The apartment is located within the renowned and exclusive complex of Olivastri di Cala Moresca and is only 6 kms from the main town of Porto Santo Stefano. Monte Argentario is well served by the train station at Orbetello and Rome s Fiumicino International airport is 90 minutes by car.All paperwork in orderThe owner is a private individual. A purchase tax is payable on the cadastral value of the property levied at 9 % or 2% for those who obtain official residency in the district where the property is located within 18 months from the signing of the deed of sale.
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Currency Exchange
Monte Argentario, 888, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £833,676 | £859,009 | £25,333 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £833,676 |
| Maximum cost in the last six months | £859,009 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,333 |
Monte Argentario, 888, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £833,676 | £859,009 | £25,333 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £833,676 |
| Maximum cost in the last six months | £859,009 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,333 |
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 £25,333 more.
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