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Farmhouse-rustico in Tuscany
Montepulciano, 85, Italy
REF: 968143
€550,000
Description
This interesting property is located in one of the most famous areas of Tuscany, known throughout the world for the beauty of its landscapes and the production of excellent food and wine. This is the land where Vino Nobile di Montepulciano is born. There is easy access to the property via a dirt road in excellent condition. It is possible to purchase separately plots of Nobile di Montepulciano vineyards 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 in a private position and enjoys a beautiful view of the countryside. The property is connected to electricity and water.The farmhouse is a typical example of a peasant farmhouse and is currently in need of renovation. The ground floor has been used as a cellar, while the first floor was used as a residence. Considering the unaltered charm of Tuscan farmhouses, the potential of this farmhouse is truly remarkable. The property is suitable for use as a main residence, as a holiday home in one of the most beautiful areas of Tuscany. It is also interesting to be included in tourist-recreational circuits. The property is 15 minutes away from the centre with all amenities and is in a strategic position for exploring Val d'Orcia, 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). The Great Estate group conducts a technical due diligence on every acquired property through the seller client's technician. This allows 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.The property is in name of an agricultural company.
This interesting property is located in one of the most famous areas of Tuscany, known throughout the world for the beauty of its landscapes and the production of excellent food and wine. This is the land where Vino Nobile di Montepulciano is born. There is easy access to the property via a dirt road in excellent condition. It is possible to purchase separately plots of Nobile di Montepulciano vineyards 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 in a private position and enjoys a beautiful view of the countryside. The property is connected to electricity and water.The farmhouse is a typical example of a peasant farmhouse and is currently in need of renovation. The ground floor has been used as a cellar, while the first floor was used as a residence. Considering the unaltered charm of Tuscan farmhouses, the potential of this farmhouse is truly remarkable. The property is suitable for use as a main residence, as a holiday home in one of the most beautiful areas of Tuscany. It is also interesting to be included in tourist-recreational circuits. The property is 15 minutes away from the centre with all amenities and is in a strategic position for exploring Val d'Orcia, 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). The Great Estate group conducts a technical due diligence on every acquired property through the seller client's technician. This allows 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.The property is in 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 | £479,606 | £25,608 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £479,606 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,608 |
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 | £479,606 | £25,608 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £479,606 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,608 |
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 £25,608 more.
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