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Farmhouse-rustico in Tuscany
Pienza, 85, Italy
REF: 976440
€690,000
Description
This beautiful property to be restored is located in the municipality of Pienza, overlooking Montepulciano and consists of a farmhouse of 274 sqm on two levels, a garage of 37 sqm and a shed of 200 sqm. On the ground floor of the farmhouse are cellars and storage rooms. The living area is on the first floor and is reached by an external staircase. with a living room with fireplace, a kitchen, two bedrooms and a bathroom with external access from the loggia. The garage and the shed are completely independent and not far from the farmhouse. The land surrounding the property totals 6.6 hectares between arable land, woodland and a small olive grove with 65 trees that also requires maintenance. The is connected to electricity. The water supply at the moment is only guaranteed by some water sources present on the property. Heating is by wood. The farmhouse was built in 1935 and still has the original terracotta flooring. The garage was built in the 1980's and the shed in the 1990's. The property is in need of renovation work and it is interesting to evaluate the conversion of the volumes of the annexes into a dependance. The property is perfect to be restored either as a private residence or as a hospitality facility.The nearest center with amenities is 5 minutes away. Montepulciano is 10 minutes away. The property is an interesting starting point for exploring the Val d'Orcia and Val di Chiana. The nearest airports are Perugia (80 km), Florence (130 km) and Rome (205 km). The Great Estate group carries out, through the client's selling technician, a technical due diligence on every acquired property, which allows us to thoroughly understand the urban planning and cadastral situation of each property. This due diligence can be requested by the client at the time of genuine interest in the property. The property is in name of natural person.
This beautiful property to be restored is located in the municipality of Pienza, overlooking Montepulciano and consists of a farmhouse of 274 sqm on two levels, a garage of 37 sqm and a shed of 200 sqm. On the ground floor of the farmhouse are cellars and storage rooms. The living area is on the first floor and is reached by an external staircase. with a living room with fireplace, a kitchen, two bedrooms and a bathroom with external access from the loggia. The garage and the shed are completely independent and not far from the farmhouse. The land surrounding the property totals 6.6 hectares between arable land, woodland and a small olive grove with 65 trees that also requires maintenance. The is connected to electricity. The water supply at the moment is only guaranteed by some water sources present on the property. Heating is by wood. The farmhouse was built in 1935 and still has the original terracotta flooring. The garage was built in the 1980's and the shed in the 1990's. The property is in need of renovation work and it is interesting to evaluate the conversion of the volumes of the annexes into a dependance. The property is perfect to be restored either as a private residence or as a hospitality facility.The nearest center with amenities is 5 minutes away. Montepulciano is 10 minutes away. The property is an interesting starting point for exploring the Val d'Orcia and Val di Chiana. The nearest airports are Perugia (80 km), Florence (130 km) and Rome (205 km). The Great Estate group carries out, through the client's selling technician, a technical due diligence on every acquired property, which allows us to thoroughly understand the urban planning and cadastral situation of each property. This due diligence can be requested by the client at the time of genuine interest in the property. The property is in name of natural person.
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Currency Exchange
Pienza, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £598,982 | £30,491 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,491 |
Pienza, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £598,982 | £30,491 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,491 |
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 £30,491 more.
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