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Apartment in Umbria
Citt della Pieve, 84, Italy
REF: 720757
€160,000
Description
This apartment is set on the fourth and top floors of a building in the historical centre of Citt della Pieve. It needs restoration, covers an area of about 190sqm and is composed as follows: entrance, living room, dining room, kitchen, bathroom, 3 bedrooms, boiler room, a room to be used as study and a room to be turned into another bathroom.The property is provided with set-ups for the town utilities: electricity, water supply granted by the town aqueduct, methane, telephone and fiber optic.The property needs some modernisation works.This apartment would be suitable as main residence for those who want to live in a happy place, but also as second home.The property is located just a few steps away from all the necessary amenities: supermarkets, shops, primary/secondary/high schools, first aid/hospital. It is 14km away from the A1 Rome-Florence motorway, 10km from the railway station of Chiusi-Chianciano Terme, 25km from Lake Trasimeno. Within a radius of 30km, we find several thermal and wellness centres.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
This apartment is set on the fourth and top floors of a building in the historical centre of Citt della Pieve. It needs restoration, covers an area of about 190sqm and is composed as follows: entrance, living room, dining room, kitchen, bathroom, 3 bedrooms, boiler room, a room to be used as study and a room to be turned into another bathroom.The property is provided with set-ups for the town utilities: electricity, water supply granted by the town aqueduct, methane, telephone and fiber optic.The property needs some modernisation works.This apartment would be suitable as main residence for those who want to live in a happy place, but also as second home.The property is located just a few steps away from all the necessary amenities: supermarkets, shops, primary/secondary/high schools, first aid/hospital. It is 14km away from the A1 Rome-Florence motorway, 10km from the railway station of Chiusi-Chianciano Terme, 25km from Lake Trasimeno. Within a radius of 30km, we find several thermal and wellness centres.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
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Currency Exchange
Citt della Pieve, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £136,110 | £140,246 | £4,136 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £136,110 |
| Maximum cost in the last six months | £140,246 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,136 |
Citt della Pieve, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £136,110 | £140,246 | £4,136 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £136,110 |
| Maximum cost in the last six months | £140,246 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,136 |
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 £4,136 more.
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