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Farmhouse-rustico in Tuscany
Montepulciano, 85, Italy
REF: 968138
€550,000
Description
This interesting property is located in one of the most famous areas of Tuscany, known worldwide for the beauty of its landscapes and for the production of excellent food and wine. This is the land where Vino Nobile di Montepulciano is born. The farmhouse is accessed through a charming tree-lined avenue. On either side of the tree-lined avenue there are Nobile di Montepulciano vineyards, which can be purchased separately, as well as other vineyard plots in the immediate vicinity of the property for a total of approximately 5 ha. In case of interest, it is also possible to purchase a portion of a ruined building, which could be used as an annex to the farmhouse. The farmhouse is located on the top of a hill, in a private position and enjoys a beautiful view over the countryside as far as Cortona. The property needs to be connected to the utilities.The farmhouse is a typical example of a rural farmhouse and is currently in need of renovation. Given the privileged position on a hill and the unaltered charm of Tuscan farmhouses, the potential of this farmhouse is truly remarkable. The property can be used as a main residence, as a holiday home in one of the most beautiful areas of Tuscany. It is also interesting to be inserted in the tourist-receptive circuits. The property is 15 minutes from the centre with all amenities and is in a strategic position for exploring the Val d'Orcia, the Valdichiana and Lake Trasimeno which can be reached in a maximum of 30 minutes. The motorway exit is 13 km away and the railway station 14 km away. The nearest airports are Perugia (65 km), Florence (130 km) and Rome (200 km). For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence. This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of an agricultural company.
This interesting property is located in one of the most famous areas of Tuscany, known worldwide for the beauty of its landscapes and for the production of excellent food and wine. This is the land where Vino Nobile di Montepulciano is born. The farmhouse is accessed through a charming tree-lined avenue. On either side of the tree-lined avenue there are Nobile di Montepulciano vineyards, which can be purchased separately, as well as other vineyard plots in the immediate vicinity of the property for a total of approximately 5 ha. In case of interest, it is also possible to purchase a portion of a ruined building, which could be used as an annex to the farmhouse. The farmhouse is located on the top of a hill, in a private position and enjoys a beautiful view over the countryside as far as Cortona. The property needs to be connected to the utilities.The farmhouse is a typical example of a rural farmhouse and is currently in need of renovation. Given the privileged position on a hill and the unaltered charm of Tuscan farmhouses, the potential of this farmhouse is truly remarkable. The property can be used as a main residence, as a holiday home in one of the most beautiful areas of Tuscany. It is also interesting to be inserted in the tourist-receptive circuits. The property is 15 minutes from the centre with all amenities and is in a strategic position for exploring the Val d'Orcia, the Valdichiana and Lake Trasimeno which can be reached in a maximum of 30 minutes. The motorway exit is 13 km away and the railway station 14 km away. The nearest airports are Perugia (65 km), Florence (130 km) and Rome (200 km). For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence. This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of an agricultural company.
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Currency Exchange
Montepulciano, 85, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,450 | £23,452 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,452 |
Montepulciano, 85, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,450 | £23,452 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,452 |
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 £23,452 more.
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