Apartment in Umbria

Gubbio, 84, Italy

For Sale

€450,000

REF: 720838 €450,000


3

Description

I Consoli di Gubbio is an apartment located in a medieval building characterized by an external facade with "exposed" stones and a sixth arch above the entrance to the building, which has maintained the most representative architectural elements of the time. We are just a few meters from Piazza Grande, almost in correspondence with the Bargello Fountain (or Fountain of the Fools), by going around which three times you traditionally have the right to obtain a madman's licence.

Located on the second and third floors of the building, the apartment comprises, on the second floor, the entrance which opens onto a large living room with an antique fireplace and three large windows overlooking the main street. A short corridor with built-in kitchen and view of the Monastery of Sant'Ambrogio leads to a double bedroom with ensuite bathroom and shower.

Upstairs, connected by a private internal staircase, there is a second living room, also with an antique fireplace and panoramic windows, a first double bedroom, a bathroom with shower and a second double bedroom with panoramic terrace, equipped with ensuite bathroom and tub. The property includes a 63 sqm tavern located on the lower street floor, entirely in stone and exposed brick with barrel vaults, completely renovated on a structural level maintaining the original features.

The tavern leads to an ancient underground tunnel dug into the rock which continues for several meters dividing into two paths and then reuniting. Heating is by radiators, with two independent boilers, one on each floor. The municipal aqueduct is connected. Systems compliant with the standards in force at the time of the renovation.

The area is served by optical fiber; connection can be requested. The building and the apartment underwent a complete anti-seismic renovation in 1992. The apartment is bright, with airy, warm and welcoming environments and with sober and refined interior finishes; the floors are terracotta everywhere while in the sleeping areas they are parquet, the wooden window frames are double glazed and the ceilings have exposed beams and terracotta tiles.

Some details of the walls have been left exposed to highlight the old stone and original niches of the time.I Consoli di Gubbio is suitable both as a main residence, as a second home or as a representative office; it can also be divided into two units and be used as income.The apartment is located in the center of Gubbio, in the lively district of San Martino, in one of the most exclusive and important streets of the city, overlooking the ancient Bargello fountain and a few meters from the renowned Palazzo dei Consoli.

Dominated from above by the monumental Basilica of Sant'Ubaldo which houses the incorrupt remains of the Patron Saint, Gubbio hosts architectural masterpieces which symbolize and recall the power of this medieval city-state. Gubbio is considered by many to be the most beautiful medieval city in Italy.

Among the most important events that are organized in the city, the Corsa dei Ceri and the historical re-enactment of the Palio della Balestra undoubtedly deserve special mention.Cadastral category A/2. The property is in the name of an individual/s and the sale will be subject to registration tax according to current regulations.
I Consoli di Gubbio is an apartment located in a medieval building characterized by an external facade with "exposed" stones and a sixth arch above the entrance to the building, which has maintained the most representative architectural elements of the time. We are just a few meters from Piazza Grande, almost in correspondence with the Bargello Fountain (or Fountain of the Fools), by going around which three times you traditionally have the right to obtain a madman's licence.

Located on the second and third floors of the building, the apartment comprises, on the second floor, the entrance which opens onto a large living room with an antique fireplace and three large windows overlooking the main street. A short corridor with built-in kitchen and view of the Monastery of Sant'Ambrogio leads to a double bedroom with ensuite bathroom and shower.

Upstairs, connected by a private internal staircase, there is a second living room, also with an antique fireplace and panoramic windows, a first double bedroom, a bathroom with shower and a second double bedroom with panoramic terrace, equipped with ensuite bathroom and tub. The property includes a 63 sqm tavern located on the lower street floor, entirely in stone and exposed brick with barrel vaults, completely renovated on a structural level maintaining the original features.

The tavern leads to an ancient underground tunnel dug into the rock which continues for several meters dividing into two paths and then reuniting. Heating is by radiators, with two independent boilers, one on each floor. The municipal aqueduct is connected. Systems compliant with the standards in force at the time of the renovation.

The area is served by optical fiber; connection can be requested. The building and the apartment underwent a complete anti-seismic renovation in 1992. The apartment is bright, with airy, warm and welcoming environments and with sober and refined interior finishes; the floors are terracotta everywhere while in the sleeping areas they are parquet, the wooden window frames are double glazed and the ceilings have exposed beams and terracotta tiles.

Some details of the walls have been left exposed to highlight the old stone and original niches of the time.I Consoli di Gubbio is suitable both as a main residence, as a second home or as a representative office; it can also be divided into two units and be used as income.The apartment is located in the center of Gubbio, in the lively district of San Martino, in one of the most exclusive and important streets of the city, overlooking the ancient Bargello fountain and a few meters from the renowned Palazzo dei Consoli.

Dominated from above by the monumental Basilica of Sant'Ubaldo which houses the incorrupt remains of the Patron Saint, Gubbio hosts architectural masterpieces which symbolize and recall the power of this medieval city-state. Gubbio is considered by many to be the most beautiful medieval city in Italy.

Among the most important events that are organized in the city, the Corsa dei Ceri and the historical re-enactment of the Palio della Balestra undoubtedly deserve special mention.Cadastral category A/2. The property is in the name of an individual/s and the sale will be subject to registration tax according to current regulations.
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Property on Map

#8100

Currency Exchange

Gubbio, 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 €450,000 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
€450,000 £382,811 £394,443 £11,633
Property Price € €450,000
Minimum cost in the last six months £382,811
Maximum cost in the last six months £394,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,633

Gubbio, 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 €450,000 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
€450,000 £382,811 £394,443 £11,633
Property Price € €450,000
Minimum cost in the last six months £382,811
Maximum cost in the last six months £394,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,633

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 £11,633 more.

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