Luxury villa in Tuscany

Monte Argentario, 888, Italy

For Sale

€500,000

REF: 720743 €500,000


2

Description

This bright apartment for sale in Porto Santo Stefano, Monte Argentario-Tuscany, is located in a very central position. The property of approx.. 120 m2 is on one level and is composed of 3 double bedrooms one with a fireplace- a single bedroom, 2 bathrooms, 2 kitchens and a living room. The house has 2 independent accesses and a balcony with sea view.

Completing the property a storage room, a garage, 2 private car spaces and a wide terrace garden with barbecue area to eat al fresco perfect during the summer.All present. The property requires some work of renovation. The central location and accessibility to the main amenities make this nice apartment an ideal property for use as a main residence as a holiday home in one of the most beautiful areas of Tuscany.

There is also the potential for it to be a holiday rental property. Monte Argentario, one of the most beautiful coastal towns of Tuscany. The apartment is located high up in the beautiful town of Porto Santo Stefano and is very convenient for all services and the waterfront can be reached on foot. Monte Argentario is well served by a rail station in Orbetello, only a few kms away and Rome Airport is 80 mins.

by car.The whole property is regularly registered at NCEU of the municipality of Monte Argentario. The property is privately owned and therefore subject to 9% purchase tax on the cadastral (land register) value for a second home and 2% for primary residence.
This bright apartment for sale in Porto Santo Stefano, Monte Argentario-Tuscany, is located in a very central position. The property of approx.. 120 m2 is on one level and is composed of 3 double bedrooms one with a fireplace- a single bedroom, 2 bathrooms, 2 kitchens and a living room. The house has 2 independent accesses and a balcony with sea view.

Completing the property a storage room, a garage, 2 private car spaces and a wide terrace garden with barbecue area to eat al fresco perfect during the summer.All present. The property requires some work of renovation. The central location and accessibility to the main amenities make this nice apartment an ideal property for use as a main residence as a holiday home in one of the most beautiful areas of Tuscany.

There is also the potential for it to be a holiday rental property. Monte Argentario, one of the most beautiful coastal towns of Tuscany. The apartment is located high up in the beautiful town of Porto Santo Stefano and is very convenient for all services and the waterfront can be reached on foot. Monte Argentario is well served by a rail station in Orbetello, only a few kms away and Rome Airport is 80 mins.

by car.The whole property is regularly registered at NCEU of the municipality of Monte Argentario. The property is privately owned and therefore subject to 9% purchase tax on the cadastral (land register) value for a second home and 2% for primary residence.
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Property on Map

#3460

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 €500,000 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
€500,000 £425,345 £438,270 £12,925
Property Price € €500,000
Minimum cost in the last six months £425,345
Maximum cost in the last six months £438,270
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,925

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 €500,000 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
€500,000 £425,345 £438,270 £12,925
Property Price € €500,000
Minimum cost in the last six months £425,345
Maximum cost in the last six months £438,270
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,925

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 £12,925 more.

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