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Farmhouse-rustico in Umbria
Allerona, 84, Italy
REF: 105477
€750,000
Description
Surrounded by the gentle Umbrian hills and with amazing panoramic view, this property is composed of two buildings to renovate and several annexes. The main estate, the old noble one, has a 715 sqm surface on four levels: originally, the basement floor was used as animal shelter and storage room, while the upper ones were residential. One of the two annexes has a surface of 115 sqm on two levels, while the other develops itself on a unique level for a surface of 18 sqm. The second building with annex covers an area of 500 sqm on two levels. The property includes 81 ha of land: 38 ha of wood, 30 of pasture, 9 of arable land, 4 of olive grove and 3 of uncultivated land. Water can be supplied by the municipality of Fabro (TR), while the area is already equipped with electricity. The buildings need to be completely restoredThe buildings may be used in different ways: residential with guest house, touristic accommodation and private home, touristic accommodation, farm company. All of them may be enlarged. The property is located at 8 km from the Fabro train station, 5 from the A1 Fabro motorway exit. Orvieto is 25 km distant, while Rome and Florence about 100-140 km. San Casciano Dei Bagni is about 10 km from here, Perugia 60.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
Surrounded by the gentle Umbrian hills and with amazing panoramic view, this property is composed of two buildings to renovate and several annexes. The main estate, the old noble one, has a 715 sqm surface on four levels: originally, the basement floor was used as animal shelter and storage room, while the upper ones were residential. One of the two annexes has a surface of 115 sqm on two levels, while the other develops itself on a unique level for a surface of 18 sqm. The second building with annex covers an area of 500 sqm on two levels. The property includes 81 ha of land: 38 ha of wood, 30 of pasture, 9 of arable land, 4 of olive grove and 3 of uncultivated land. Water can be supplied by the municipality of Fabro (TR), while the area is already equipped with electricity. The buildings need to be completely restoredThe buildings may be used in different ways: residential with guest house, touristic accommodation and private home, touristic accommodation, farm company. All of them may be enlarged. The property is located at 8 km from the Fabro train station, 5 from the A1 Fabro motorway exit. Orvieto is 25 km distant, while Rome and Florence about 100-140 km. San Casciano Dei Bagni is about 10 km from here, Perugia 60.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
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Currency Exchange
Allerona, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Allerona, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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