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Beautiful property to renovate for sale in the town of Montalcino
SI, Toscana, Italy
REF: 11826
€800,000
Description
Manor house and several annexes covering a total surface of about 700sqm, with stunning view and surrounded by rolling hills, vineyards, and olive trees. Just outside the medieval village of San Giovanni d'Asso, in the prestigious countryside of Montalcino, beautiful farmhouse overlooking Val d'Orcia, immersed inside a charming green landscape, typical of this area. The main house, dated back to early 1900, needs renovation but still has a wonderful shape with beautiful internal and external arches; at the ground floor the old stables from which it's possible to recover and reemploy the original materials. On the first floor the appartment with wooden beams and 'cotto' floorings, the place where the farmer's family used to live. Several other annexes and 5000sqm garden surrounding the buildings complete the property, besides it is possible to buy some extra land next to this one, if needed. The property is easy to reach by only 200 metres of country road, so it is very close to the main road and it is indeed very convenient. An excellent investment, perfect real estate to transform into a tourist accomodation facility since the location is extremely strategic, close to the most famous towns of the area, such as Siena, Montepulciano, Pienza and Firenze.
Manor house and several annexes covering a total surface of about 700sqm, with stunning view and surrounded by rolling hills, vineyards, and olive trees. Just outside the medieval village of San Giovanni d'Asso, in the prestigious countryside of Montalcino, beautiful farmhouse overlooking Val d'Orcia, immersed inside a charming green landscape, typical of this area. The main house, dated back to early 1900, needs renovation but still has a wonderful shape with beautiful internal and external arches; at the ground floor the old stables from which it's possible to recover and reemploy the original materials. On the first floor the appartment with wooden beams and 'cotto' floorings, the place where the farmer's family used to live. Several other annexes and 5000sqm garden surrounding the buildings complete the property, besides it is possible to buy some extra land next to this one, if needed. The property is easy to reach by only 200 metres of country road, so it is very close to the main road and it is indeed very convenient. An excellent investment, perfect real estate to transform into a tourist accomodation facility since the location is extremely strategic, close to the most famous towns of the area, such as Siena, Montepulciano, Pienza and Firenze.
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Currency Exchange
SI, Toscana, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
SI, Toscana, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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