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Farmhouse-rustico in Tuscany
Castelfiorentino, 884, Italy
REF: 727813
€4,700,000
Description
Nestled in the rolling Florentine hills a few steps from Florence is this beautiful farm of about 138 hectares in which we find an agritourism with 5 apartments for a total of about 360 square meters. In the farmhouse there is a cellar for winemaking of about 380 square meters. On the property there is a second residential unit on two levels of about 800 sqm. The structure is completed by various agricultural outbuildings for about 550 square meters. The land of 130 hectares is divided as follows: 8 hectares of DOCG grapes (85% Sangiovese, 5% white Trebiano, 5% white Malvasia, 5% Colorini), 7.5 hectares approx. olive grove (about 1,000 trees), 63 ha approx. of forest, 60 hectares approx. of arable land. On the property there is a small lake and two wells. The property is mostly fenced.All utilities such as electricity, telephone, aqueduct are correctly connected; the heating works on LPG. The flooring of the agritourism is in terracotta, wood windows, the ceiling in tiles and wooden beams; the second house has terracotta floors, wood windows and needs a modernization. The two properties have an insulated roof.The property lends itself to being a farmhouse as it currently is, the second property after being modernized could in turn be used for tourism purposes. The great potential to date that can be implemented consistently is the transition from the sale of grapes to winemaking given that with an average production of 520 quintals of grapes it is possible to produce about 680,000 bottles of wine. 40 minutes from Florence and its international airport, about 60 minutes from Pisa and its international airport, 15 minutes from the FI-PI-LI highway. 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.
Nestled in the rolling Florentine hills a few steps from Florence is this beautiful farm of about 138 hectares in which we find an agritourism with 5 apartments for a total of about 360 square meters. In the farmhouse there is a cellar for winemaking of about 380 square meters. On the property there is a second residential unit on two levels of about 800 sqm. The structure is completed by various agricultural outbuildings for about 550 square meters. The land of 130 hectares is divided as follows: 8 hectares of DOCG grapes (85% Sangiovese, 5% white Trebiano, 5% white Malvasia, 5% Colorini), 7.5 hectares approx. olive grove (about 1,000 trees), 63 ha approx. of forest, 60 hectares approx. of arable land. On the property there is a small lake and two wells. The property is mostly fenced.All utilities such as electricity, telephone, aqueduct are correctly connected; the heating works on LPG. The flooring of the agritourism is in terracotta, wood windows, the ceiling in tiles and wooden beams; the second house has terracotta floors, wood windows and needs a modernization. The two properties have an insulated roof.The property lends itself to being a farmhouse as it currently is, the second property after being modernized could in turn be used for tourism purposes. The great potential to date that can be implemented consistently is the transition from the sale of grapes to winemaking given that with an average production of 520 quintals of grapes it is possible to produce about 680,000 bottles of wine. 40 minutes from Florence and its international airport, about 60 minutes from Pisa and its international airport, 15 minutes from the FI-PI-LI highway. 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
Castelfiorentino, 884, 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 €4,700,000 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 |
|---|---|---|---|
| €4,700,000 | £3,998,243 | £4,119,738 | £121,495 |
| Property Price € | €4,700,000 |
| Minimum cost in the last six months | £3,998,243 |
| Maximum cost in the last six months | £4,119,738 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £121,495 |
Castelfiorentino, 884, 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 €4,700,000 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 |
|---|---|---|---|
| €4,700,000 | £3,998,243 | £4,119,738 | £121,495 |
| Property Price € | €4,700,000 |
| Minimum cost in the last six months | £3,998,243 |
| Maximum cost in the last six months | £4,119,738 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £121,495 |
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 £121,495 more.
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