Apartment in Umbria

Orvieto, 84, Italy

For Sale

€325,000

REF: 975157 €325,000


3

Description

A charming and unique property in an ideal setting: the ancient water mill, located close to services yet surrounded by the countryside, immersed in the timeless allure of this place. Welcome to the Mill! Situated along a watercourse, whose force was harnessed to power the mill itself, the mill already documented in the 1860 Gregorian Cadastre was primarily used to produce oil but also flour.

Within this complex, two apartments are for sale, both renovated. The first apartment is on the ground floor and mainly faces the west side, overlooking the Orvieto Cliff. It consists of an entrance, bathroom with shower, living area with fireplace, spacious kitchen with dining area, and one double bedroom.

Up the characteristic access staircase is the second apartment, consisting of an entrance with living room, large kitchen with dining area, two bathrooms, and three bedrooms. The two apartments are independent of each other and do not connect internally. Completing the property is a large storage room on the ground floor, with a high vaulted ceiling, and agricultural land of about 1 hectare.The main utilities are active and functional.

Autonomous heating powered by LPG (with the possibility of connection to natural gas) and municipal water supply.The apartments are well-maintained and ready to live in immediately. Both renovated between the late 1990s and early 2000s, they offer the charm of a rustic home combined with modern living comforts.Ideal as a main residence for two families or as an investment to be included in the rental market, these apartments can be used in a versatile way.

Given the peaceful setting and their proximity to Orvieto, they are also an ideal place to spend moments of relaxation.The apartments are located a short distance from the historic center of Orvieto. The A1 motorway exit is about 3 km away, the train station is 1.5 km away and is connected to the Rupe by the funicular.

The city is rich in services and cultural activities throughout the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is the ideal place to live and the perfect starting point to explore the wonderful surrounding area. The Great Estate group conducts a technical due diligence on every acquired property through the seller's technician, allowing us to thoroughly understand the urban planning and cadastral status of each property.

This due diligence can be requested by the client at the time of genuine interest in the property.
A charming and unique property in an ideal setting: the ancient water mill, located close to services yet surrounded by the countryside, immersed in the timeless allure of this place. Welcome to the Mill! Situated along a watercourse, whose force was harnessed to power the mill itself, the mill already documented in the 1860 Gregorian Cadastre was primarily used to produce oil but also flour.

Within this complex, two apartments are for sale, both renovated. The first apartment is on the ground floor and mainly faces the west side, overlooking the Orvieto Cliff. It consists of an entrance, bathroom with shower, living area with fireplace, spacious kitchen with dining area, and one double bedroom.

Up the characteristic access staircase is the second apartment, consisting of an entrance with living room, large kitchen with dining area, two bathrooms, and three bedrooms. The two apartments are independent of each other and do not connect internally. Completing the property is a large storage room on the ground floor, with a high vaulted ceiling, and agricultural land of about 1 hectare.The main utilities are active and functional.

Autonomous heating powered by LPG (with the possibility of connection to natural gas) and municipal water supply.The apartments are well-maintained and ready to live in immediately. Both renovated between the late 1990s and early 2000s, they offer the charm of a rustic home combined with modern living comforts.Ideal as a main residence for two families or as an investment to be included in the rental market, these apartments can be used in a versatile way.

Given the peaceful setting and their proximity to Orvieto, they are also an ideal place to spend moments of relaxation.The apartments are located a short distance from the historic center of Orvieto. The A1 motorway exit is about 3 km away, the train station is 1.5 km away and is connected to the Rupe by the funicular.

The city is rich in services and cultural activities throughout the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is the ideal place to live and the perfect starting point to explore the wonderful surrounding area. The Great Estate group conducts a technical due diligence on every acquired property through the seller's technician, allowing us to thoroughly understand the urban planning and cadastral status of each property.

This due diligence can be requested by the client at the time of genuine interest in the property.
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Property on Map

#9524

Currency Exchange

Orvieto, 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 €325,000 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
€325,000 £267,768 £282,129 £14,362
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £282,129
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,362

Orvieto, 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 €325,000 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
€325,000 £267,768 £282,129 £14,362
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £282,129
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,362

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 £14,362 more.

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