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Unique investment opportunity-traditional chalet at a fascinating panoramic location at Cortina, Dolomites, Italy \r\n \r\n The property has undergone a complete refurbishment by using high quality insulation and locally sourced natural materials (wood and stone)
Belluno, Veneto, Italy
REF: 711410
€1,700,000
Description
Unique investment opportunity-traditional chalet at a fascinating panoramic location at Cortina, Dolomites, Italy \r\n \r\n The property has undergone a complete refurbishment by using high quality insulation and locally sourced natural materials (wood and stone). While maintaining some of the character features, the property has been upgraded and modernised so it has the highest energy performance certification, latest technology, triple glazed windows, under floor central heating, internet connection, heated driveway, remote control access to garage. \r\n \r\n The internal area of the habitat for sale is 130 sqm with a kitchen, pantry, living room, dining room, 2 bedrooms and 2 bathrooms. The living room has access to a panoramic balcony with amazing mountain views. \r\n The chalet has plenty of storage space. It benefits from a private cellar room and parking in the underground garage and further parking externally. There is a large communal garden and plenty of greenery around the building. \r\n \r\n This alpine home is sold unfurnished, giving to the new owner the opportunity to personalise the layout and interior design. \r\n \r\n The property is at a picturesque location, convenient for reaching the ski lifts with direct connection to the Super Ski Dolomites area with over 1200 km of ski slopes. \r\n \r\n There are variety of amenities and facilities within easy reach. \r\n \r\n Cortina, the pearl of the Dolomites is favoured by visitors for its natural beauty, wonderful parks with a myriad of hiking and cycling trails, alpine lakes. This area is home to a number of international cycling, motoring and other sporting events in the summer months, while there are a number of international skiing competitions, cultural festivals throughout the year and it will be also the venue of the Winter Olympic Games in 2026. \r\n \r\n Unique opportunity to own a new, luxury mountain retreat at one of the most sought-after locations in the Italian Alps. \r\n \r\n This is a freehold property without any rental obligations. It can be rented out to tourists. \r\n \r\n Nearest airports: Bolzano 90 km; Venice 149 km; Innsbruck 150 km; Verona 230 km \r\n \r\n For more details about this property or other real estate for sale in the Dolomites, contact the ECSM Property team. \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n
Unique investment opportunity-traditional chalet at a fascinating panoramic location at Cortina, Dolomites, Italy \r\n \r\n The property has undergone a complete refurbishment by using high quality insulation and locally sourced natural materials (wood and stone). While maintaining some of the character features, the property has been upgraded and modernised so it has the highest energy performance certification, latest technology, triple glazed windows, under floor central heating, internet connection, heated driveway, remote control access to garage. \r\n \r\n The internal area of the habitat for sale is 130 sqm with a kitchen, pantry, living room, dining room, 2 bedrooms and 2 bathrooms. The living room has access to a panoramic balcony with amazing mountain views. \r\n The chalet has plenty of storage space. It benefits from a private cellar room and parking in the underground garage and further parking externally. There is a large communal garden and plenty of greenery around the building. \r\n \r\n This alpine home is sold unfurnished, giving to the new owner the opportunity to personalise the layout and interior design. \r\n \r\n The property is at a picturesque location, convenient for reaching the ski lifts with direct connection to the Super Ski Dolomites area with over 1200 km of ski slopes. \r\n \r\n There are variety of amenities and facilities within easy reach. \r\n \r\n Cortina, the pearl of the Dolomites is favoured by visitors for its natural beauty, wonderful parks with a myriad of hiking and cycling trails, alpine lakes. This area is home to a number of international cycling, motoring and other sporting events in the summer months, while there are a number of international skiing competitions, cultural festivals throughout the year and it will be also the venue of the Winter Olympic Games in 2026. \r\n \r\n Unique opportunity to own a new, luxury mountain retreat at one of the most sought-after locations in the Italian Alps. \r\n \r\n This is a freehold property without any rental obligations. It can be rented out to tourists. \r\n \r\n Nearest airports: Bolzano 90 km; Venice 149 km; Innsbruck 150 km; Verona 230 km \r\n \r\n For more details about this property or other real estate for sale in the Dolomites, contact the ECSM Property team. \r\n \r\n \r\n \r\n \r\n \r\n \r\n \r\n
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Currency Exchange
Belluno, Veneto, 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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,446,173 | £1,490,118 | £43,945 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,446,173 |
| Maximum cost in the last six months | £1,490,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,945 |
Belluno, Veneto, 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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,446,173 | £1,490,118 | £43,945 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,446,173 |
| Maximum cost in the last six months | £1,490,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,945 |
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 £43,945 more.
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