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Farmhouse-rustico in Umbria
Porano, 84, Italy
REF: 968141
€990,000
Description
Built in the 1920s on a structure dating back to the 1500s, Villa La Morra is a noble residence rich in rooms and charm, particularly bright and with ample space for customization. The property consists of the villa, several annexes, and land of about 9 hectares. The villa offers views of Orvieto and spans 270 square meters per floor for a total of 540 square meters, also featuring some beautiful grottoes. There is also a warehouse, formerly used as a barn, arranged over two levels and very characteristic, along with an independent two-story house located a short distance from the main villa. The views from both the villa and the house are particularly stunning, both on the side overlooking the open countryside and especially on the side facing Orvieto, where you can even see the Cathedral.The main utilities are connected and operational. The property is served both by the municipal water supply and by a shared well. Heating is provided by LPG. There are also some wood-burning fireplaces present.The villa is in excellent condition. The renovation, which included the roof, was completed about 20 years ago. Inside, there are antique doors and frescoes that depict the symbols of the owning family.Representative residence with ample spaces and high potential, Villa La Morra offers various options and possibilities. There is the option to build a swimming pool on the land adjacent to the property. Additionally, there is the possibility of further expanding the buildings. The property can become a potential investment for high-end rental opportunities.Villa La Morra is located in a particularly strategic and panoramic position, about 7 km from Orvieto and 10 km from both the A1 motorway exit and the train station. Approximately 3 km away, there is a charming village with various services. In about 20 minutes, one can reach the beautiful Lake Bolsena and Civita di Bagnoregio, the "Dying Town." It's an ideal location, in the countryside yet close to amenities and restaurants, easily accessible while still offering privacy due to the large surrounding land.The Great Estate group conducts a technical due diligence on each acquired property through the client's selling technician, allowing us to thoroughly understand the urban planning and cadastral status of each property. This due diligence can be requested by the client when there is genuine interest in the property.
Built in the 1920s on a structure dating back to the 1500s, Villa La Morra is a noble residence rich in rooms and charm, particularly bright and with ample space for customization. The property consists of the villa, several annexes, and land of about 9 hectares. The villa offers views of Orvieto and spans 270 square meters per floor for a total of 540 square meters, also featuring some beautiful grottoes. There is also a warehouse, formerly used as a barn, arranged over two levels and very characteristic, along with an independent two-story house located a short distance from the main villa. The views from both the villa and the house are particularly stunning, both on the side overlooking the open countryside and especially on the side facing Orvieto, where you can even see the Cathedral.The main utilities are connected and operational. The property is served both by the municipal water supply and by a shared well. Heating is provided by LPG. There are also some wood-burning fireplaces present.The villa is in excellent condition. The renovation, which included the roof, was completed about 20 years ago. Inside, there are antique doors and frescoes that depict the symbols of the owning family.Representative residence with ample spaces and high potential, Villa La Morra offers various options and possibilities. There is the option to build a swimming pool on the land adjacent to the property. Additionally, there is the possibility of further expanding the buildings. The property can become a potential investment for high-end rental opportunities.Villa La Morra is located in a particularly strategic and panoramic position, about 7 km from Orvieto and 10 km from both the A1 motorway exit and the train station. Approximately 3 km away, there is a charming village with various services. In about 20 minutes, one can reach the beautiful Lake Bolsena and Civita di Bagnoregio, the "Dying Town." It's an ideal location, in the countryside yet close to amenities and restaurants, easily accessible while still offering privacy due to the large surrounding land.The Great Estate group conducts a technical due diligence on each acquired property through the client's selling technician, allowing us to thoroughly understand the urban planning and cadastral status of each property. This due diligence can be requested by the client when there is genuine interest in the property.
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Currency Exchange
Porano, 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 €990,000 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 |
|---|---|---|---|
| €990,000 | £815,661 | £859,409 | £43,748 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £815,661 |
| Maximum cost in the last six months | £859,409 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,748 |
Porano, 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 €990,000 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 |
|---|---|---|---|
| €990,000 | £815,661 | £859,409 | £43,748 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £815,661 |
| Maximum cost in the last six months | £859,409 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,748 |
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 £43,748 more.
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