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Farmhouse-rustico in Umbria
Perugia, 84, Italy
REF: 701042
€350,000
Description
Amidst the rolling hills south of Perugia, in a lovely area a short distance from the hamlet of Pila (2 km), stands this interesting real estate complex in need of restoration. The property, with beautiful panoramic views over the countryside and the acropolis of Perugia, is spread over approximately 2.5 acres of land, cultivated with arable crops and olive groves (60 plants); it includes 2 stone farmhouses of 440 sqm and 380 sqm, a store-house of 90 sqm and a silo. Well-accessible from an asphalted road, with good privacy but not isolated, this complex is ideal for conversion into a prestigious development. Electricity and gas present. Water supplied from private well.The buildings are in need of complete restoration.Due to its proximity to the city of Perugia and services, as well as to the large covered spaces available, the property lends itself to conversion into prestigious multi-family residences.The setting is pleasant, with the alternation of rolling hills and cultivated fields, over which the silhouette of the city of Perugia is clearly visible in the distance. The village of Pila is easily reached in little more than 2 km of asphalted road. The property is not isolated. Pre-1967 buildings, duly registered. The property is owned by private persons.
Amidst the rolling hills south of Perugia, in a lovely area a short distance from the hamlet of Pila (2 km), stands this interesting real estate complex in need of restoration. The property, with beautiful panoramic views over the countryside and the acropolis of Perugia, is spread over approximately 2.5 acres of land, cultivated with arable crops and olive groves (60 plants); it includes 2 stone farmhouses of 440 sqm and 380 sqm, a store-house of 90 sqm and a silo. Well-accessible from an asphalted road, with good privacy but not isolated, this complex is ideal for conversion into a prestigious development. Electricity and gas present. Water supplied from private well.The buildings are in need of complete restoration.Due to its proximity to the city of Perugia and services, as well as to the large covered spaces available, the property lends itself to conversion into prestigious multi-family residences.The setting is pleasant, with the alternation of rolling hills and cultivated fields, over which the silhouette of the city of Perugia is clearly visible in the distance. The village of Pila is easily reached in little more than 2 km of asphalted road. The property is not isolated. Pre-1967 buildings, duly registered. The property is owned by private persons.
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Currency Exchange
Perugia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
Perugia, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,789 | £9,048 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,789 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,048 |
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 £9,048 more.
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