Luxury villa in Umbria

Panicale, 84, Italy

For Sale

€430,000

REF: 970200 €430,000


4

Description

The property, located in Panicale, Umbria, is a villa built in the 1990s and expanded in 2017. It spans two levels with a total of approximately 244 square meters. Currently, it is divided into two apartments. The apartment from the 1990s develops over three floors; on the basement level, there is a spacious living-dining area with a wood-burning fireplace, a kitchenette, a bedroom, a hallway, a bathroom, an external porch, and a technical room.

On the ground floor, there are four bedrooms, two of which have storage spaces, and a bathroom. On the first floor, there is an attic. The apartment expanded in 2017 consists of a living-dining area and kitchenette on the ground floor, and on the first floor, it includes a bedroom with a walk-in closet and en suite bathroom, a hallway, three bedrooms, and a bathroom.

The exterior is enhanced by a plot of 4,700 square meters, ideal for outdoor relaxation. The existing orchards offer a pleasant view of the Umbrian countryside. The panoramic view further enriches the charm of the property. Although there is currently no swimming pool, space for one can be created.

Privacy is ensured by a tranquil setting, while still being a short distance from major roads and the artistic and natural beauty of the area.The heating is provided by a pellet boiler for both apartments equipped with zone thermostats, solar panels for hot water with a storage tank, 2 wells, and an Imhoff tank.The property is in excellent condition; one part, from the 1990s, built with typical materials, requires some updating, while the more recent section has been renovated with high-quality materials.In summary, this property represents an opportunity for those seeking a home immersed in nature, with elements of history and modern comfort, ready to move in.Approximately 3 km from Panicale and about 4 km from Tavernelle, near the connection to Perugia, which can be reached in about 30 minutes from Perugia.

The Great Estate group conducts a technical due diligence on every property acquired, through the seller's client technician, which allows us to thoroughly understand the urban and cadastral status of each property. This due diligence can be requested by the client at the time of genuine interest in the property.

The property is registered to an individual(s) and the sale will be subject to registration tax in accordance with current regulations (see purchase costs from a private seller).
The property, located in Panicale, Umbria, is a villa built in the 1990s and expanded in 2017. It spans two levels with a total of approximately 244 square meters. Currently, it is divided into two apartments. The apartment from the 1990s develops over three floors; on the basement level, there is a spacious living-dining area with a wood-burning fireplace, a kitchenette, a bedroom, a hallway, a bathroom, an external porch, and a technical room.

On the ground floor, there are four bedrooms, two of which have storage spaces, and a bathroom. On the first floor, there is an attic. The apartment expanded in 2017 consists of a living-dining area and kitchenette on the ground floor, and on the first floor, it includes a bedroom with a walk-in closet and en suite bathroom, a hallway, three bedrooms, and a bathroom.

The exterior is enhanced by a plot of 4,700 square meters, ideal for outdoor relaxation. The existing orchards offer a pleasant view of the Umbrian countryside. The panoramic view further enriches the charm of the property. Although there is currently no swimming pool, space for one can be created.

Privacy is ensured by a tranquil setting, while still being a short distance from major roads and the artistic and natural beauty of the area.The heating is provided by a pellet boiler for both apartments equipped with zone thermostats, solar panels for hot water with a storage tank, 2 wells, and an Imhoff tank.The property is in excellent condition; one part, from the 1990s, built with typical materials, requires some updating, while the more recent section has been renovated with high-quality materials.In summary, this property represents an opportunity for those seeking a home immersed in nature, with elements of history and modern comfort, ready to move in.Approximately 3 km from Panicale and about 4 km from Tavernelle, near the connection to Perugia, which can be reached in about 30 minutes from Perugia.

The Great Estate group conducts a technical due diligence on every property acquired, through the seller's client technician, which allows us to thoroughly understand the urban and cadastral status of each property. This due diligence can be requested by the client at the time of genuine interest in the property.

The property is registered to an individual(s) and the sale will be subject to registration tax in accordance with current regulations (see purchase costs from a private seller).
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Property on Map

#9495

Currency Exchange

Panicale, 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 €430,000 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
€430,000 £354,277 £373,279 £19,002
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £373,279
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,002

Panicale, 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 €430,000 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
€430,000 £354,277 £373,279 £19,002
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £373,279
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,002

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 £19,002 more.

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