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Apartment in Umbria
Montone, 84, Italy
REF: 69953
€320,000
Description
The apartment is on two levels, ground floor and first floor. The ground floor consists of a single open space plus a bathroom fitted under the stairs. This area perfectly accommodates a magnificent living area with open plan kitchen. The first floor is made up of a very bright room, which could become a beautiful bedroom, a double bedroom, a bathroom and a kitchen. Adjacent to the bright living area (which could become a bedroms) there is a small nook, ideal for eating surrounded by the fascinating medieval stone face walls. From the kitchen nook we move to another environment created between the imposing ancient walls where it would be possible to create a small spa as the hook-ups and plumbing has already been prepared. The apartment is suitable for many interior solutions as described above and in fact the property has already been predisposed to be divided into two units with independent entrance, on the ground floor and first floor. The hook-ups are all up to code in accordance with the law. Water is provided by the municipal water grid. Heating system powered by natural gas just as in the stove. Electrical system is also up to code. The apartment has been remodelled respecting all the anti-seismic regulations by the present owners. Finishes are of a high standardExcellent opportunity for those who want to enjoy Italy while relaxing and living among the magnificent Umbrian landscape with the ability to share this unique space with guests and also gain an income with seasonal rentals.The property is located in the centre of Montone, a beautiful old town in Umbria, loved by the locals and by tourists equally. E45, 3 km, Umbertide (6 km), Citt di Castello (20 minutes), Perugia airport (30 minutes) and Perugia (30 minutes), Arezzo (40 minutes)The property is duly recorded with the building register of Montone The property is owned by private individuals. The building is made out to individuals and the sale is subject to registration tax on buildings amounted to 9% and 15% on land.
The apartment is on two levels, ground floor and first floor. The ground floor consists of a single open space plus a bathroom fitted under the stairs. This area perfectly accommodates a magnificent living area with open plan kitchen. The first floor is made up of a very bright room, which could become a beautiful bedroom, a double bedroom, a bathroom and a kitchen. Adjacent to the bright living area (which could become a bedroms) there is a small nook, ideal for eating surrounded by the fascinating medieval stone face walls. From the kitchen nook we move to another environment created between the imposing ancient walls where it would be possible to create a small spa as the hook-ups and plumbing has already been prepared. The apartment is suitable for many interior solutions as described above and in fact the property has already been predisposed to be divided into two units with independent entrance, on the ground floor and first floor. The hook-ups are all up to code in accordance with the law. Water is provided by the municipal water grid. Heating system powered by natural gas just as in the stove. Electrical system is also up to code. The apartment has been remodelled respecting all the anti-seismic regulations by the present owners. Finishes are of a high standardExcellent opportunity for those who want to enjoy Italy while relaxing and living among the magnificent Umbrian landscape with the ability to share this unique space with guests and also gain an income with seasonal rentals.The property is located in the centre of Montone, a beautiful old town in Umbria, loved by the locals and by tourists equally. E45, 3 km, Umbertide (6 km), Citt di Castello (20 minutes), Perugia airport (30 minutes) and Perugia (30 minutes), Arezzo (40 minutes)The property is duly recorded with the building register of Montone The property is owned by private individuals. The building is made out to individuals and the sale is subject to registration tax on buildings amounted to 9% and 15% on land.
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Currency Exchange
Montone, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £272,221 | £280,493 | £8,272 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £272,221 |
| Maximum cost in the last six months | £280,493 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,272 |
Montone, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £272,221 | £280,493 | £8,272 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £272,221 |
| Maximum cost in the last six months | £280,493 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,272 |
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 £8,272 more.
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