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Farmhouse-rustico in Umbria
Castiglione del Lago, 84, Italy
REF: 733624
€980,000
Description
In a perfect combination of proximity to the town and maximum privacy, within the wonderful landscape of the Umbrian countryside and Lake Trasimeno we find this recently renovated villa which develops an area of ??about 321 sqm spread over 2 floors. On the ground floor there are three apartments with a living room-kitchenette, a bedroom and a bathroom; on the first floor there are three other apartments with a living room, a kitchenette, two bedrooms and two bathrooms, one with a private terrace. The sixties villa on two levels of about 400 square meters used on the ground floor as a warehouse and on the first floor as a private house divided into two apartments, needs a renovation of the systems and the roof. In the beautiful garden we find the infinity pool on 3 sides, double filtration pump, dimensions 9x16 with depth from 1.4 m min to 2 m max, 1 hectare of land divided into a garden, gazebo with quartz flooring, parking and courtyard. The property is served by all services, a photovoltaic system of about 14kw installed on the roof of the villa used for tourist rentals, split heating. The Villa on the first floor is equipped with heating with pellet stoves, well water and aqueduct. The holiday home was renovated in the 2000's and other maintenance and extraordinary maintenance interventions were recently carried out. The 1960's Villa needs a renovation. Perfect as an accommodation business and private home. The property also lends itself to hosting events and is ideal for having the activity together in a private home. An approved redevelopment project had been prepared to transform the change of use from the garage to two apartments, a renovation of the 1960's villa is necessary, the ground floor has no heating, a new electrical system will need to be installed.About 2 km from the center of Castiglione del Lago and all services.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 property is in the name of a partnership, with a 5-year bond with the Umbria Region starting from January 2023 to keep the business open for another 5 years and the sale will be subject to registration tax according to current regulations (see purchase costs from companies).
In a perfect combination of proximity to the town and maximum privacy, within the wonderful landscape of the Umbrian countryside and Lake Trasimeno we find this recently renovated villa which develops an area of ??about 321 sqm spread over 2 floors. On the ground floor there are three apartments with a living room-kitchenette, a bedroom and a bathroom; on the first floor there are three other apartments with a living room, a kitchenette, two bedrooms and two bathrooms, one with a private terrace. The sixties villa on two levels of about 400 square meters used on the ground floor as a warehouse and on the first floor as a private house divided into two apartments, needs a renovation of the systems and the roof. In the beautiful garden we find the infinity pool on 3 sides, double filtration pump, dimensions 9x16 with depth from 1.4 m min to 2 m max, 1 hectare of land divided into a garden, gazebo with quartz flooring, parking and courtyard. The property is served by all services, a photovoltaic system of about 14kw installed on the roof of the villa used for tourist rentals, split heating. The Villa on the first floor is equipped with heating with pellet stoves, well water and aqueduct. The holiday home was renovated in the 2000's and other maintenance and extraordinary maintenance interventions were recently carried out. The 1960's Villa needs a renovation. Perfect as an accommodation business and private home. The property also lends itself to hosting events and is ideal for having the activity together in a private home. An approved redevelopment project had been prepared to transform the change of use from the garage to two apartments, a renovation of the 1960's villa is necessary, the ground floor has no heating, a new electrical system will need to be installed.About 2 km from the center of Castiglione del Lago and all services.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 property is in the name of a partnership, with a 5-year bond with the Umbria Region starting from January 2023 to keep the business open for another 5 years and the sale will be subject to registration tax according to current regulations (see purchase costs from companies).
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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 €980,000 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 |
|---|---|---|---|
| €980,000 | £833,676 | £859,009 | £25,333 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £833,676 |
| Maximum cost in the last six months | £859,009 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,333 |
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 €980,000 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 |
|---|---|---|---|
| €980,000 | £833,676 | £859,009 | £25,333 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £833,676 |
| Maximum cost in the last six months | £859,009 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,333 |
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 £25,333 more.
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