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In a secluded location but at the same time only 18 mins from the town of Scarperia in the Mugello region of Florence, with Florence city centre 1 hr away and its airport at 45 minutes drive, a charming, fully operative B&B
Scarperia, Tuscany, Italy
REF: 906099
€900,000
Description
In a secluded location but at the same time only 18 mins from the town of Scarperia in the Mugello region of Florence, with Florence city centre 1 hr away and its airport at 45 minutes drive, a charming, fully operative B&B. The country estate, last renovated just over 10 years ago, comprises 7 self-contained apartments 4 one-bedroom units, one 2-bedroom unit, and 2 apartments with three bedrooms. Additionally, there is a lounge with an open plan kitchen, bathroom, and double bedroom with mezzanine. The estate also includes 2,5 hectares of land, mostly flat around the main structure and where there is the panoramic swimming pool, and the rest with steep areas and woodland up to a little lake. The property also has a small olive grove with approx. 20 mature olive trees and several fruit trees. The property can be sold with a further piece of land that has private access to the lake. The asking price for this plot measuring 500 sq m is 200,000. The Country estate is currently leased until mid-2024 ideal as investment.
In a secluded location but at the same time only 18 mins from the town of Scarperia in the Mugello region of Florence, with Florence city centre 1 hr away and its airport at 45 minutes drive, a charming, fully operative B&B. The country estate, last renovated just over 10 years ago, comprises 7 self-contained apartments 4 one-bedroom units, one 2-bedroom unit, and 2 apartments with three bedrooms. Additionally, there is a lounge with an open plan kitchen, bathroom, and double bedroom with mezzanine. The estate also includes 2,5 hectares of land, mostly flat around the main structure and where there is the panoramic swimming pool, and the rest with steep areas and woodland up to a little lake. The property also has a small olive grove with approx. 20 mature olive trees and several fruit trees. The property can be sold with a further piece of land that has private access to the lake. The asking price for this plot measuring 500 sq m is 200,000. The Country estate is currently leased until mid-2024 ideal as investment.
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Currency Exchange
Scarperia, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £781,281 | £39,771 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,771 |
Scarperia, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £781,281 | £39,771 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £781,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,771 |
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 £39,771 more.
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