2 bedrooms country house/farmhouse

Sommocolonia (Lucca), Tuscany, Italy

For Sale

€55,000

REF: 801177 €55,000


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Description

Town house to renovate, Sommocolonia, Barga. Historic village house set on three levels for a total surface area of ??approximately 100 m2. Ground floor, where we find an entrance courtyard that leads to the two cellars and the central door with a stone frame that leads to the entrance where we find the stairwell that continues to the upper floors.

First floor we find the kitchen with fireplace and the living room; Second floor consists of two bedrooms and a bathroom located on the mezzanine floor. All rooms enjoy views of the valley and are very bright. The property has a garden. The property needs some internal modernising. The house is adjacent to a building, also for residential use, which is sold separately but which could be purchased at the same time.
Town house to renovate, Sommocolonia, Barga. Historic village house set on three levels for a total surface area of ??approximately 100 m2. Ground floor, where we find an entrance courtyard that leads to the two cellars and the central door with a stone frame that leads to the entrance where we find the stairwell that continues to the upper floors.

First floor we find the kitchen with fireplace and the living room; Second floor consists of two bedrooms and a bathroom located on the mezzanine floor. All rooms enjoy views of the valley and are very bright. The property has a garden. The property needs some internal modernising. The house is adjacent to a building, also for residential use, which is sold separately but which could be purchased at the same time.
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Property on Map

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Currency Exchange

Sommocolonia (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 €55,000 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
€55,000 £46,788 £48,210 £1,422
Property Price € €55,000
Minimum cost in the last six months £46,788
Maximum cost in the last six months £48,210
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,422

Sommocolonia (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 €55,000 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
€55,000 £46,788 £48,210 £1,422
Property Price € €55,000
Minimum cost in the last six months £46,788
Maximum cost in the last six months £48,210
Fluctuating exchange rates over the last six months could have increased the cost of this property by £1,422

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 £1,422 more.

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