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10 rooms apartment/flat
Barga (Lucca), Tuscany, Italy
REF: 77479
€180,000
Description
Apartment with terrace, three shops and basement, in Barga, (Lucca) This large property is situated in the centre of Barga, (LU) consists of 3 shops, an apartment with terrace and basements in the past used as a bakery. The building in question is located on Via G. Pascoli which is probably the more important roads of Barga. Basement level which is below street level and has service entrance on the rear. In the past this space was used as a bakery. It is approx. 60mq. It should be noted that there is a now sealed off staircase that could be re-opened thus linking these spaces to each other again. Ground Floor There are 3 shops presently rented out. They consist of a traditional barbers shop, a wine shop and a charity shop. First Floor On this floor there is a very pleasing well light apartment with a fabulous panoramic terrace. The apartment is approx. 75mq. with a rooftop terrace of 20mq. which has a wonderful view of the historic part of the town of Barga. This living unit has an independent entrance, directly accessible from the main road, consists of 2 bedrooms, bathroom, living room, dining room and kitchen. The building dates back to the 1920s, it is structurally sound however may require some general maintenance. This building should be considered as an investment with the possibility of generating income. The three shops, the apartment and the basement offer great potential.
Apartment with terrace, three shops and basement, in Barga, (Lucca) This large property is situated in the centre of Barga, (LU) consists of 3 shops, an apartment with terrace and basements in the past used as a bakery. The building in question is located on Via G. Pascoli which is probably the more important roads of Barga. Basement level which is below street level and has service entrance on the rear. In the past this space was used as a bakery. It is approx. 60mq. It should be noted that there is a now sealed off staircase that could be re-opened thus linking these spaces to each other again. Ground Floor There are 3 shops presently rented out. They consist of a traditional barbers shop, a wine shop and a charity shop. First Floor On this floor there is a very pleasing well light apartment with a fabulous panoramic terrace. The apartment is approx. 75mq. with a rooftop terrace of 20mq. which has a wonderful view of the historic part of the town of Barga. This living unit has an independent entrance, directly accessible from the main road, consists of 2 bedrooms, bathroom, living room, dining room and kitchen. The building dates back to the 1920s, it is structurally sound however may require some general maintenance. This building should be considered as an investment with the possibility of generating income. The three shops, the apartment and the basement offer great potential.
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Currency Exchange
Barga (Lucca), Tuscany, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,768 | £4,644 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,768 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,644 |
Barga (Lucca), Tuscany, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £153,124 | £157,768 | £4,644 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £153,124 |
| Maximum cost in the last six months | £157,768 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,644 |
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 £4,644 more.
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