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Farmhouse-rustico in Tuscany
Cortona, 856, Italy
REF: 749102
€690,000
Description
In the heart of the romantic village of Cortona, we find for sale this delightful 207 sqm townhouse which is on three levels connected by an internal staircase and composed as follows: On the ground floor there is the kitchen with dining area and a living room with bathroom. The first floor consists of two bedrooms each with en suite bathroom. On the second floor there are two more bedrooms, one of which has a fireplace and both have en suite bathrooms. The townhouse is located on the main street of the hamlet, a stone's throw from the most renowned restaurants, shops, bars and the charming town square. The property has a methane heating system, while the water supply is guaranteed by the public aqueduct. The terratetto was purchased and completely renovated by the current owners in 2018, using high quality materials and finishes, always respecting the rustic Tuscan tradition.Currently the townhouse is used as a B&B, but the property has all the characteristics to be used also as a private residence. The property lies right in the heart of the village of Cortona, Arezzo, so all services, restaurants, shops, pharmacies etc. are all within walking distance in a few minutes. Arezzo 25 km (40 minutes), Lake Trasimeno 20 km (25 minutes), Castiglion Fiorentino 10 km (15 minutes), Montepulciano 30 km (35 minutes). Florence airport 120 km (1 hour 20 minutes), Rome airport 230 km (2 hours 20 minutes), Pisa airport 190 km (2 hours 10 minutes). 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.
In the heart of the romantic village of Cortona, we find for sale this delightful 207 sqm townhouse which is on three levels connected by an internal staircase and composed as follows: On the ground floor there is the kitchen with dining area and a living room with bathroom. The first floor consists of two bedrooms each with en suite bathroom. On the second floor there are two more bedrooms, one of which has a fireplace and both have en suite bathrooms. The townhouse is located on the main street of the hamlet, a stone's throw from the most renowned restaurants, shops, bars and the charming town square. The property has a methane heating system, while the water supply is guaranteed by the public aqueduct. The terratetto was purchased and completely renovated by the current owners in 2018, using high quality materials and finishes, always respecting the rustic Tuscan tradition.Currently the townhouse is used as a B&B, but the property has all the characteristics to be used also as a private residence. The property lies right in the heart of the village of Cortona, Arezzo, so all services, restaurants, shops, pharmacies etc. are all within walking distance in a few minutes. Arezzo 25 km (40 minutes), Lake Trasimeno 20 km (25 minutes), Castiglion Fiorentino 10 km (15 minutes), Montepulciano 30 km (35 minutes). Florence airport 120 km (1 hour 20 minutes), Rome airport 230 km (2 hours 20 minutes), Pisa airport 190 km (2 hours 10 minutes). 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.
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Currency Exchange
Cortona, 856, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
Cortona, 856, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £586,976 | £604,813 | £17,837 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £586,976 |
| Maximum cost in the last six months | £604,813 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,837 |
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 £17,837 more.
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