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Apartment in Umbria
Citt della Pieve, 84, Italy
REF: 974361
€468,000
Description
Nestled within a prestigious historic palazzo in the very heart of Citt della Pieve s charming old town, this unique and captivating property boasts a commercial surface area of approximately 170 sqm. Currently, the property is partially used as office space and partially as an exhibition area. Upon entering, you are welcomed by a spacious and elegant exhibition room. A few steps lead up to a refined office with a private bathroom, as well as a storage room and boiler area. On the lower floor, you'll find a second exhibition space, a cozy kitchenette, and a second bathroom. Descending further into the evocative and atmospheric grotto, there is a magnificent room ideal for tastings, private events, presentations, and more a true hidden gem. The entire property was lovingly and thoroughly renovated in 2020, with materials carefully selected and handcrafted to preserve the soul of the building. The floors are laid in handmade terracotta diamonds, the ceilings feature ancient brickwork and exposed wooden beams. The property is fully wired and equipped with wooden double-glazed windows, autonomous heating with fancoils, and a security system. The property is registered under a private individual name. The property is equipped with all utilities.The property is completely renovated and will be finished within a few months. The materials used were chosen with great care and made entirely by hand. The floors are in terracotta lozenges, the ceilings in ancient bricks and wooden beams. The windows are made of wood with double glazing.Fascinating as a property to live in all year round and excellent as an investment to be included in the prestigious tourist rental market.The property is located in the heart of the historic center of Citt della Pieve. The motorway and railway are 10 minutes away by car, Perugia airport is 45 minutes away. The Great Estate group carries out a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the customer at the time of a real interest in the property.the property is registered in the name of a natural person.
Nestled within a prestigious historic palazzo in the very heart of Citt della Pieve s charming old town, this unique and captivating property boasts a commercial surface area of approximately 170 sqm. Currently, the property is partially used as office space and partially as an exhibition area. Upon entering, you are welcomed by a spacious and elegant exhibition room. A few steps lead up to a refined office with a private bathroom, as well as a storage room and boiler area. On the lower floor, you'll find a second exhibition space, a cozy kitchenette, and a second bathroom. Descending further into the evocative and atmospheric grotto, there is a magnificent room ideal for tastings, private events, presentations, and more a true hidden gem. The entire property was lovingly and thoroughly renovated in 2020, with materials carefully selected and handcrafted to preserve the soul of the building. The floors are laid in handmade terracotta diamonds, the ceilings feature ancient brickwork and exposed wooden beams. The property is fully wired and equipped with wooden double-glazed windows, autonomous heating with fancoils, and a security system. The property is registered under a private individual name. The property is equipped with all utilities.The property is completely renovated and will be finished within a few months. The materials used were chosen with great care and made entirely by hand. The floors are in terracotta lozenges, the ceilings in ancient bricks and wooden beams. The windows are made of wood with double glazing.Fascinating as a property to live in all year round and excellent as an investment to be included in the prestigious tourist rental market.The property is located in the heart of the historic center of Citt della Pieve. The motorway and railway are 10 minutes away by car, Perugia airport is 45 minutes away. The Great Estate group carries out a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the customer at the time of a real interest in the property.the property is registered in the name of a natural person.
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Currency Exchange
Citt della Pieve, 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 €468,000 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 |
|---|---|---|---|
| €468,000 | £385,585 | £406,266 | £20,681 |
| Property Price € | €468,000 |
| Minimum cost in the last six months | £385,585 |
| Maximum cost in the last six months | £406,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,681 |
Citt della Pieve, 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 €468,000 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 |
|---|---|---|---|
| €468,000 | £385,585 | £406,266 | £20,681 |
| Property Price € | €468,000 |
| Minimum cost in the last six months | £385,585 |
| Maximum cost in the last six months | £406,266 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,681 |
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 £20,681 more.
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