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Apartment in Tuscany
Monte Argentario, 888, Italy
REF: 720805
€350,000
Description
Penthouse in Via del Molo in a central position along the maintown promenade. The apartment is on the fourth floor of an elegant building with the possibility of a lift. Central area, pier and sea view. The property is on one level and consists of a large livable kitchen with a small balcony, a long corridor, a bathroom with tub and window, two large double bedrooms, a storage room and a enclosed loggia with 3 large and characteristic porthole overlooking the piazza di Porto Santo Stefano and the sea. Very rare opportunity.The apartment electric and water main, oil heating, gas bottles for the kitchen. Condominial charges about 1,200 per year.The apartment while being immediately habitable, needs some improvements. Floors are in graniglia and fixtures in wood. The building is in excellent condition and is equipped with an elevator, to be able to use it however to utilize this a contribution of 10,000 would have to be made.The exclusive and strategic location, combined with the rationality of the environments make this property a beautiful apartment, ideal for use as a residence or as a second home to spend your holidays in one of the most beautiful and coveted areas of Tuscany.Monte Argentario, is one of the most beautiful coastal towns in Tuscany. The apartment is located in the center of Porto Santo Stefano and is close to all services. Monte Argentario is very well served with the Orbetello train station just a few kms away and Rome Fiumicino international airport is less than an hour and a half by car.The Great Estate group carries out a technical due diligence on each property acquired, which allows us to know in detail the urban and cadastral situation of each property. Such due diligence may be requested by the customer at the time of a real interest in the property. The property is registered to physical person (s) and the sale will be subject to registration tax according to the regulations in force (purchase costs provided on request).
Penthouse in Via del Molo in a central position along the maintown promenade. The apartment is on the fourth floor of an elegant building with the possibility of a lift. Central area, pier and sea view. The property is on one level and consists of a large livable kitchen with a small balcony, a long corridor, a bathroom with tub and window, two large double bedrooms, a storage room and a enclosed loggia with 3 large and characteristic porthole overlooking the piazza di Porto Santo Stefano and the sea. Very rare opportunity.The apartment electric and water main, oil heating, gas bottles for the kitchen. Condominial charges about 1,200 per year.The apartment while being immediately habitable, needs some improvements. Floors are in graniglia and fixtures in wood. The building is in excellent condition and is equipped with an elevator, to be able to use it however to utilize this a contribution of 10,000 would have to be made.The exclusive and strategic location, combined with the rationality of the environments make this property a beautiful apartment, ideal for use as a residence or as a second home to spend your holidays in one of the most beautiful and coveted areas of Tuscany.Monte Argentario, is one of the most beautiful coastal towns in Tuscany. The apartment is located in the center of Porto Santo Stefano and is close to all services. Monte Argentario is very well served with the Orbetello train station just a few kms away and Rome Fiumicino international airport is less than an hour and a half by car.The Great Estate group carries out a technical due diligence on each property acquired, which allows us to know in detail the urban and cadastral situation of each property. Such due diligence may be requested by the customer at the time of a real interest in the property. The property is registered to physical person (s) and the sale will be subject to registration tax according to the regulations in force (purchase costs provided on request).
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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 €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 | £306,401 | £8,659 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,401 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,659 |
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 €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 | £306,401 | £8,659 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,401 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,659 |
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 £8,659 more.
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