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Apartment in Tuscany
Montalcino, 85, Italy
REF: 760228
€580,000
Description
This wonderful apartment in the historical centre of Montalcino is developed on several levels as follows. The entrance with hallway is on the ground floor, from here via an internal staircase it is possible to reach the basement where there is a cellar and a service bathroom. On the first floor we find a large living room with 3 arched windows with spectacular views over the Val d'Orcia, the kitchen with pantry, two bedrooms and a bathroom. The second floor consists of the ballroom, a studio that can be used as a third bedroom, a bathroom and an attic. The property is connected to all utilities. Heating is by methane, and there is a fireplace in the living area. Water is supplied by the municipal aqueduct. The property was renovated in the 1990s, transforming what was once an old barn into an elegant apartment where antique and modern are in perfect harmony. The floor in the living area is a beautiful original 15th-century terracotta. The apartment is perfect for use as a main residence or as a holiday home. It is also interesting to be inserted in the tourist rental circuit. In fact, we are located in one of the municipalities of the Val d'Orcia, as well as a renowned wine-producing locality, famous for the production of Brunello wine. The property is inside the historical centre of Montalcino. All services are easily accessible. San Quirico d'Orcia is 13 km away, Pienza 20 km, Montepulciano 35 km and Siena 40 km. The sea is 1h drive away and the main airports are Perugia at 105 km, Florence at 115 km and Rome at 220 km. 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 wonderful apartment in the historical centre of Montalcino is developed on several levels as follows. The entrance with hallway is on the ground floor, from here via an internal staircase it is possible to reach the basement where there is a cellar and a service bathroom. On the first floor we find a large living room with 3 arched windows with spectacular views over the Val d'Orcia, the kitchen with pantry, two bedrooms and a bathroom. The second floor consists of the ballroom, a studio that can be used as a third bedroom, a bathroom and an attic. The property is connected to all utilities. Heating is by methane, and there is a fireplace in the living area. Water is supplied by the municipal aqueduct. The property was renovated in the 1990s, transforming what was once an old barn into an elegant apartment where antique and modern are in perfect harmony. The floor in the living area is a beautiful original 15th-century terracotta. The apartment is perfect for use as a main residence or as a holiday home. It is also interesting to be inserted in the tourist rental circuit. In fact, we are located in one of the municipalities of the Val d'Orcia, as well as a renowned wine-producing locality, famous for the production of Brunello wine. The property is inside the historical centre of Montalcino. All services are easily accessible. San Quirico d'Orcia is 13 km away, Pienza 20 km, Montepulciano 35 km and Siena 40 km. The sea is 1h drive away and the main airports are Perugia at 105 km, Florence at 115 km and Rome at 220 km. 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
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £493,400 | £508,393 | £14,993 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £493,400 |
| Maximum cost in the last six months | £508,393 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,993 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £493,400 | £508,393 | £14,993 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £493,400 |
| Maximum cost in the last six months | £508,393 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,993 |
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 £14,993 more.
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