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Farmhouse-rustico in Tuscany
Montalcino, 85, Italy
REF: 733626
€1,900,000
Description
The main farmhouse of approximately 600 sqm is currently divided into three residential units, two of which can be fully connected and the other is independent on the ground floor. The two real estate units that can be connected by opening a door are formed respectively on the ground floor by the warehouse rooms while on the first floor they consist of a large living room, dining room, kitchen, three bedrooms and 2 bathrooms. While in the independent apartment on the ground floor there is a kitchen with living area, bedroom and bathroom. At present the structure is in an excellent state of maintenance but requires restyling. The property, located two km from Montisi, can be reached via a characteristic avenue of cypress trees and is located in a privileged position on the hill. Inside the property there is a large stable of approximately 1,500 sqm, two tool sheds and a former chicken coop to be renovated. The farmhouse is surrounded by approximately 40 ha of land divided into 23 ha of arable land, 15 ha of woodland, 1.3 ha of olive grove in production and approximately 1 ha of vineyard and pasture. There is currently no swimming pool but it is possible to build one.The property has all utilities on site. The property is in an excellent state of maintenance; internally the floors are partly in terracotta and partly in parquet, while the fixtures are made of wood. Externally the building has stone facades.The property is suitable for use as a second holiday home, farmhouse, farm and excellent as an investment. The property is located in Montisi, well connected to all services and located in a position with breathtaking views. Just 8 km away are San Giovanni d'Asso, Trequanda, 20 minutes Montalcino; Pienza 14 km, Montepulciano 24 km and 18 km from the Bettolle motorway exit. Siena and Arezzo are just 45 minutes away by car.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 customer at the time of a real interest in the property.This property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
The main farmhouse of approximately 600 sqm is currently divided into three residential units, two of which can be fully connected and the other is independent on the ground floor. The two real estate units that can be connected by opening a door are formed respectively on the ground floor by the warehouse rooms while on the first floor they consist of a large living room, dining room, kitchen, three bedrooms and 2 bathrooms. While in the independent apartment on the ground floor there is a kitchen with living area, bedroom and bathroom. At present the structure is in an excellent state of maintenance but requires restyling. The property, located two km from Montisi, can be reached via a characteristic avenue of cypress trees and is located in a privileged position on the hill. Inside the property there is a large stable of approximately 1,500 sqm, two tool sheds and a former chicken coop to be renovated. The farmhouse is surrounded by approximately 40 ha of land divided into 23 ha of arable land, 15 ha of woodland, 1.3 ha of olive grove in production and approximately 1 ha of vineyard and pasture. There is currently no swimming pool but it is possible to build one.The property has all utilities on site. The property is in an excellent state of maintenance; internally the floors are partly in terracotta and partly in parquet, while the fixtures are made of wood. Externally the building has stone facades.The property is suitable for use as a second holiday home, farmhouse, farm and excellent as an investment. The property is located in Montisi, well connected to all services and located in a position with breathtaking views. Just 8 km away are San Giovanni d'Asso, Trequanda, 20 minutes Montalcino; Pienza 14 km, Montepulciano 24 km and 18 km from the Bettolle motorway exit. Siena and Arezzo are just 45 minutes away by car.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 customer at the time of a real interest in the property.This property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
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Currency Exchange
Montalcino, 85, 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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,616,311 | £1,665,426 | £49,115 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,616,311 |
| Maximum cost in the last six months | £1,665,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,115 |
Montalcino, 85, 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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,616,311 | £1,665,426 | £49,115 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,616,311 |
| Maximum cost in the last six months | £1,665,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,115 |
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 £49,115 more.
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