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Farmhouse-rustico in Tuscany
Montalcino, 85, Italy
REF: 703149
€690,000
Description
The main building is spread over two levels for a total area of ??approximately 432 sqm and is in good structural condition although in need of a complete renovation; on the ground floor we find the ancient cellars, large rooms with important heights, which at the end of the restoration could become a magnificent living area; on the first floor 5 large rooms connected by a large central corridor. The second building (former barn) was renovated in 2002 and is spread over two floors for a total of 150 sqm; here on the ground floor we find an apartment consisting of three rooms, two bathrooms and a mezzanine and on the first floor, accessible via an external staircase, we have a second two-room apartment with bathroom. The third building consists of a warehouse on one level of approximately 78 sqm with a bathroom. The whole is surrounded by about 4 hectares of land, mostly wooded.Electricity connection. Water supply is guaranteed by a natural source. The property needs renovation/modernization interventions. The former barn is in good condition and immediately habitable and this would allow you to have a comfortable base during the renovation work on the manor house. The property lends itself to multiple uses, from a prestigious private residence to an accommodation facility. To reach La Salceta you have to take a magnificent country road through the vineyards for about 3 kilometres. La Salceta is surrounded by nature and free from disturbing elements, the Ombrone river flows a few hundred meters away. Only 20 kilometers separate it from the marvelous village of Montalcino, 45 kilometers from the cities of Siena and Pienza. The Maremma park with its beautiful beaches is about 60 kilometers away. 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. No constraints.
The main building is spread over two levels for a total area of ??approximately 432 sqm and is in good structural condition although in need of a complete renovation; on the ground floor we find the ancient cellars, large rooms with important heights, which at the end of the restoration could become a magnificent living area; on the first floor 5 large rooms connected by a large central corridor. The second building (former barn) was renovated in 2002 and is spread over two floors for a total of 150 sqm; here on the ground floor we find an apartment consisting of three rooms, two bathrooms and a mezzanine and on the first floor, accessible via an external staircase, we have a second two-room apartment with bathroom. The third building consists of a warehouse on one level of approximately 78 sqm with a bathroom. The whole is surrounded by about 4 hectares of land, mostly wooded.Electricity connection. Water supply is guaranteed by a natural source. The property needs renovation/modernization interventions. The former barn is in good condition and immediately habitable and this would allow you to have a comfortable base during the renovation work on the manor house. The property lends itself to multiple uses, from a prestigious private residence to an accommodation facility. To reach La Salceta you have to take a magnificent country road through the vineyards for about 3 kilometres. La Salceta is surrounded by nature and free from disturbing elements, the Ombrone river flows a few hundred meters away. Only 20 kilometers separate it from the marvelous village of Montalcino, 45 kilometers from the cities of Siena and Pienza. The Maremma park with its beautiful beaches is about 60 kilometers away. 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. No constraints.
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Currency Exchange
Montalcino, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
Montalcino, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
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 £17,837 more.
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