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Farmhouse-rustico in Umbria
Castiglione del Lago, 84, Italy
REF: 725051
€330,000
Description
This portion of a small hamlet is surrounded by wheat fields, perfect for living a happy life surrounded by the beauty of the Umbrian countryside. The house is very welcoming and comfortable. It was once the home of the famous jockey Tripolino, who won the Palio di Siena six times and was one of the most successful jockeys of the 1900s. It has three floors with a cellar and a technical room underneath and another room now used as a guest room when needed. Going up the external staircase you can reach the main house, leading to a kitchen and a small terrace perfect for having your first cup of coffee in the morning or dining al fresco. On this floor, there is also a living room with a stove and a bathroom. Going up the internal staircase to the third floor there are two double bedrooms both with en-suite bathrooms. In the garden, surrounded by plants, including tall trees, that allow for a good degree of privacy, there is an 8.5 x 4.5 m swimming pool as well as a small box for guests.Heating is by heat pump which also acts as air conditioning in summer. There is a connection to the municipal water supply and a 1,000-litre storage tank as well as an Imhoff pit installed in 2012.The building dates back to 1900, the last renovation was done in 2006. The current owners take good care of it and carefully renovate the property.The property can be used as a first home, holiday home or included in the tourist rental circuit.The property is part of a small hamlet located in the municipality of Castiglione del Lago, 7 km away from it.The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
This portion of a small hamlet is surrounded by wheat fields, perfect for living a happy life surrounded by the beauty of the Umbrian countryside. The house is very welcoming and comfortable. It was once the home of the famous jockey Tripolino, who won the Palio di Siena six times and was one of the most successful jockeys of the 1900s. It has three floors with a cellar and a technical room underneath and another room now used as a guest room when needed. Going up the external staircase you can reach the main house, leading to a kitchen and a small terrace perfect for having your first cup of coffee in the morning or dining al fresco. On this floor, there is also a living room with a stove and a bathroom. Going up the internal staircase to the third floor there are two double bedrooms both with en-suite bathrooms. In the garden, surrounded by plants, including tall trees, that allow for a good degree of privacy, there is an 8.5 x 4.5 m swimming pool as well as a small box for guests.Heating is by heat pump which also acts as air conditioning in summer. There is a connection to the municipal water supply and a 1,000-litre storage tank as well as an Imhoff pit installed in 2012.The building dates back to 1900, the last renovation was done in 2006. The current owners take good care of it and carefully renovate the property.The property can be used as a first home, holiday home or included in the tourist rental circuit.The property is part of a small hamlet located in the municipality of Castiglione del Lago, 7 km away from it.The Great Estate group carries out a technical due diligence on each property acquired through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the client at the time of a real interest in the property.
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Currency Exchange
Castiglione del Lago, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,258 | £8,531 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,531 |
Castiglione del Lago, 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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,258 | £8,531 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,531 |
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 £8,531 more.
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