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Farmhouse-rustico in Umbria
Spoleto, 84, Italy
REF: 820425
€499,000
Description
Among the Umbrian hills, a stone cottage with a terraced garden that allows a magnificent view of the valley below and with a large olive grove, a few kilometers from the magnificent city of Spoleto. With a modern design inside, the house was renovated in 2008 respecting the traditional details of the building. The front garden with panoramic terrace has plants and flowers of all kinds, shrubs and fruit trees. The property includes an olive grove of almost 3,000 sqm. The house of approximately 160 sqm is spread over three floors. In the basement there is a large dining room with fireplace, a kitchen, both with access to the outside, pantry, laundry room and a guest bathroom. The ground floor opens, from the main entrance, with a beautiful living room which features a cozy wood stove, a large mezzanine and panoramic balcony, and is completed by two bedrooms and two bathrooms. On the further floor - attic there is a study and a small bedroom.Equipped with all utilities. LPG heating with underground tank. Renovated in 2008 with attention to the traditional characteristics of the building but also with good modernization of the services.Excellent property for both first and second home.The property, which is close to a small village, has the first town with every type of service just 5 km away; Spoleto and Trevi 12 km away, other characteristic cities such as Bevagna, Montefalco, Foligno about 20-25 km away. Perugia is 60 km away and Rome 140.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. The property is registered in the name of a natural person and the sale is subject to registration tax respectively, of 9% on the cadastral value of the property in the case of a second home, and 2% in the case of purchase with the concessions of the first home.
Among the Umbrian hills, a stone cottage with a terraced garden that allows a magnificent view of the valley below and with a large olive grove, a few kilometers from the magnificent city of Spoleto. With a modern design inside, the house was renovated in 2008 respecting the traditional details of the building. The front garden with panoramic terrace has plants and flowers of all kinds, shrubs and fruit trees. The property includes an olive grove of almost 3,000 sqm. The house of approximately 160 sqm is spread over three floors. In the basement there is a large dining room with fireplace, a kitchen, both with access to the outside, pantry, laundry room and a guest bathroom. The ground floor opens, from the main entrance, with a beautiful living room which features a cozy wood stove, a large mezzanine and panoramic balcony, and is completed by two bedrooms and two bathrooms. On the further floor - attic there is a study and a small bedroom.Equipped with all utilities. LPG heating with underground tank. Renovated in 2008 with attention to the traditional characteristics of the building but also with good modernization of the services.Excellent property for both first and second home.The property, which is close to a small village, has the first town with every type of service just 5 km away; Spoleto and Trevi 12 km away, other characteristic cities such as Bevagna, Montefalco, Foligno about 20-25 km away. Perugia is 60 km away and Rome 140.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. The property is registered in the name of a natural person and the sale is subject to registration tax respectively, of 9% on the cadastral value of the property in the case of a second home, and 2% in the case of purchase with the concessions of the first home.
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Currency Exchange
Spoleto, 84, 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 €499,000 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 |
|---|---|---|---|
| €499,000 | £424,494 | £437,369 | £12,874 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £424,494 |
| Maximum cost in the last six months | £437,369 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,874 |
Spoleto, 84, 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 €499,000 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 |
|---|---|---|---|
| €499,000 | £424,494 | £437,369 | £12,874 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £424,494 |
| Maximum cost in the last six months | £437,369 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,874 |
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 £12,874 more.
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