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Apartment in Umbria
Orvieto, 84, Italy
REF: 987324
€385,000
Description
A unique location, plenty of light, and spacious rooms: Charming Orvieto is an ideal apartment for those who love living in the historic center. It is located on the first floor of an ancient building and spreads over a single level with a usable floor area of about 135 sqm. It consists of an entrance, 2 large double bedrooms, a double living room with a balcony, a bathroom, a storage/laundry room (or potential second bathroom), and a kitchen. There are also two storage rooms.The main utilities are active and functioning. Energy class C.The apartment underwent structural work related to the systems in 2023. The interior spaces can be customized according to individual needs. The floors are the original ceramic and grit.Ideal as a prestigious main residence, given the ample space and the prestigious location, the apartment is also suitable as a home for spending periods of relaxation, fully enjoying the vibrant city life.The apartment is located in the historic center of Orvieto, right along the main street. The A1 highway toll station is about 5 km from the historic center, as is the train station, which 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 a perfect starting point to explore the wonderful surrounding area. The Great Estate group, for each acquired property, carries out a technical due diligence through the seller s technician, which allows 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 unique location, plenty of light, and spacious rooms: Charming Orvieto is an ideal apartment for those who love living in the historic center. It is located on the first floor of an ancient building and spreads over a single level with a usable floor area of about 135 sqm. It consists of an entrance, 2 large double bedrooms, a double living room with a balcony, a bathroom, a storage/laundry room (or potential second bathroom), and a kitchen. There are also two storage rooms.The main utilities are active and functioning. Energy class C.The apartment underwent structural work related to the systems in 2023. The interior spaces can be customized according to individual needs. The floors are the original ceramic and grit.Ideal as a prestigious main residence, given the ample space and the prestigious location, the apartment is also suitable as a home for spending periods of relaxation, fully enjoying the vibrant city life.The apartment is located in the historic center of Orvieto, right along the main street. The A1 highway toll station is about 5 km from the historic center, as is the train station, which 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 a perfect starting point to explore the wonderful surrounding area. The Great Estate group, for each acquired property, carries out a technical due diligence through the seller s technician, which allows 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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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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,798 | £334,215 | £16,416 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,798 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,416 |
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,798 | £334,215 | £16,416 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,798 |
| Maximum cost in the last six months | £334,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,416 |
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 £16,416 more.
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