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Farmhouse-rustico in Umbria
Magione, 84, Italy
REF: 999613
€690,000
Description
Il Gelso is a classic rectangular-shaped farmhouse spread over two levels, offering approximately 275 sqm of living space. The ground floor, currently designated as storage but convertible into residential space, features a large tavern with a fireplace, a kitchen area, and a bathroom, as well as an additional room with a separate entrance, ideal as a study or laundry room. The first floor comprises a spacious living and dining area with a kitchenette and fireplace, two master bedrooms, two smaller bedrooms, and two bathrooms. Surrounding the property is a stunning park of about 8,000 sqm, enriched by majestic trees such as pines, cedars, oaks, and olive trees. Within the park, there are agricultural outbuildings totaling 125 sqm, along with a 30 sqm covered structure. Current regulations also allow for the construction of a swimming pool, enhancing the potential for luxurious outdoor living at Il Gelso.Connected to the electrical grid and equipped with a municipal water supply connection, the property also offers the option to draw water from a private well. The heating system operates through a GPL gas boiler, ensuring efficient and reliable climate control.Il Gelso still retains many of its original features and is in good condition.Il Gelso offers the perfect blend of comfort and convenience, making it an ideal primary residence thanks to its close proximity to all essential services. Alternatively, it can be the perfect luxury vacation home, set in a stunning location that guarantees exceptional privacy and tranquility, free from any disturbances.The property is situated in a picturesque, elevated location with panoramic views, easily accessible and just a short distance from all amenities and the lake shores. The city of Perugia is approximately a 20-minute drive away, while San Francesco d'Assisi Airport can be reached within about 30 minutes. The Great Estate group conducts a thorough technical due diligence on every acquired property through the seller s technical expert. This process allows us to gain a detailed understanding of the urban planning and cadastral status of each estate. This due diligence report can be requested by the client upon genuine interest in the property. No encumbrances. Property in the name of a natural person
Il Gelso is a classic rectangular-shaped farmhouse spread over two levels, offering approximately 275 sqm of living space. The ground floor, currently designated as storage but convertible into residential space, features a large tavern with a fireplace, a kitchen area, and a bathroom, as well as an additional room with a separate entrance, ideal as a study or laundry room. The first floor comprises a spacious living and dining area with a kitchenette and fireplace, two master bedrooms, two smaller bedrooms, and two bathrooms. Surrounding the property is a stunning park of about 8,000 sqm, enriched by majestic trees such as pines, cedars, oaks, and olive trees. Within the park, there are agricultural outbuildings totaling 125 sqm, along with a 30 sqm covered structure. Current regulations also allow for the construction of a swimming pool, enhancing the potential for luxurious outdoor living at Il Gelso.Connected to the electrical grid and equipped with a municipal water supply connection, the property also offers the option to draw water from a private well. The heating system operates through a GPL gas boiler, ensuring efficient and reliable climate control.Il Gelso still retains many of its original features and is in good condition.Il Gelso offers the perfect blend of comfort and convenience, making it an ideal primary residence thanks to its close proximity to all essential services. Alternatively, it can be the perfect luxury vacation home, set in a stunning location that guarantees exceptional privacy and tranquility, free from any disturbances.The property is situated in a picturesque, elevated location with panoramic views, easily accessible and just a short distance from all amenities and the lake shores. The city of Perugia is approximately a 20-minute drive away, while San Francesco d'Assisi Airport can be reached within about 30 minutes. The Great Estate group conducts a thorough technical due diligence on every acquired property through the seller s technical expert. This process allows us to gain a detailed understanding of the urban planning and cadastral status of each estate. This due diligence report can be requested by the client upon genuine interest in the property. No encumbrances. Property in the name of a natural person
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Currency Exchange
Magione, 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 €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 | £569,561 | £603,971 | £34,410 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £569,561 |
| Maximum cost in the last six months | £603,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,410 |
Magione, 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 €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 | £569,561 | £603,971 | £34,410 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £569,561 |
| Maximum cost in the last six months | £603,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,410 |
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 £34,410 more.
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