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Pantalla di Todi, farmhouse with outbuildings to be restored
Todi, Umbria, Italy, 06059
REF: 944410
€100,000
Description
Pantalla di Todi, panoramically located with access from the tarmac road, typical farmhouse with outbuildings and vineyard in disuse Panoramically located with access from the tarmac road, typical farmhouse with outbuildings and agricultural land of approx. 1 hectare. The building is arranged over two levels for a total of 250 sqm with the possibility to enlarge with additional 100 sqm and to demolish and rebuild in another position. Currently, there are stables, two storage rooms, a hay barn, a cellar and pigsty on the ground floor while we find the former farmers dwelling on the first floor, accessible via external staircase, with old kitchen with fireplace, living room, two bedrooms and bathroom. The property needs to renovate completely and includes agricultural outbuildings for a total of 250 sqm to be rebuilt and land with vineyard in disuse. An idea for a project was developed which entails to demolish the existing building and to create 5 apartments as tourist accommodation with pool.
Pantalla di Todi, panoramically located with access from the tarmac road, typical farmhouse with outbuildings and vineyard in disuse Panoramically located with access from the tarmac road, typical farmhouse with outbuildings and agricultural land of approx. 1 hectare. The building is arranged over two levels for a total of 250 sqm with the possibility to enlarge with additional 100 sqm and to demolish and rebuild in another position. Currently, there are stables, two storage rooms, a hay barn, a cellar and pigsty on the ground floor while we find the former farmers dwelling on the first floor, accessible via external staircase, with old kitchen with fireplace, living room, two bedrooms and bathroom. The property needs to renovate completely and includes agricultural outbuildings for a total of 250 sqm to be rebuilt and land with vineyard in disuse. An idea for a project was developed which entails to demolish the existing building and to create 5 apartments as tourist accommodation with pool.
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Currency Exchange
Todi, Umbria, Italy, 06059
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £86,809 | £4,419 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,419 |
Todi, Umbria, Italy, 06059
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £86,809 | £4,419 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,419 |
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 £4,419 more.
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