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Townhouse with private land for sale in Castiglione del Lago
PG, Umbria, Italy
REF: 11844
€250,000
Description
Only a few kilometres away from the centre of Castiglione del Lago, in a small district located in the surrounding countryside a historical property of about 230sqm on three levels, with a private piece of land of about 800sqm with olive grove. From the fa ade it is possible to sense the historical importance of this property, not only for the materials used, such as stones and bricks, but also for the permanent marks of splinters that reached this district during the second world war, though the fa ade was completely plastered during the renovation of the roof, made in the early 2000. As for the rest the structure is in perfect conditions, the heating system is supplied by a wood-burning boiler but the installations may need renovation. At the ground floor the rooms used as cellars and the storage rooms with access on the rear garden. A nice staircase leads to the first floor where on the right side there is a kitchen with fireplace and a balcony, as well as a bright bedroom with one bathroom. The floorings are made of old marble grit bricks with interesting geometric pattern. On the left side there is a living room, a laundry room, a terrace and a second bedroom. The original 'cotto' staircase leads to the second floor where there are other three bedrooms and a room used as a kitchen, besides from this floor there's an access to the attic.This property is extremely interesting, not only thanks to the materials used for building it but also for the internal arrangement of the environments on three levels, that makes it fit for many uses. On the rear side there are about twenty olive trees on a piece of land that could be a perfect place for a BBQ or even a relax area. This house could be a very convenient and spacious private residence for a family, a lovely holiday home at the centre of a small town district a few km away from the lake, as well as an excellent place to start a B&B activity.
Only a few kilometres away from the centre of Castiglione del Lago, in a small district located in the surrounding countryside a historical property of about 230sqm on three levels, with a private piece of land of about 800sqm with olive grove. From the fa ade it is possible to sense the historical importance of this property, not only for the materials used, such as stones and bricks, but also for the permanent marks of splinters that reached this district during the second world war, though the fa ade was completely plastered during the renovation of the roof, made in the early 2000. As for the rest the structure is in perfect conditions, the heating system is supplied by a wood-burning boiler but the installations may need renovation. At the ground floor the rooms used as cellars and the storage rooms with access on the rear garden. A nice staircase leads to the first floor where on the right side there is a kitchen with fireplace and a balcony, as well as a bright bedroom with one bathroom. The floorings are made of old marble grit bricks with interesting geometric pattern. On the left side there is a living room, a laundry room, a terrace and a second bedroom. The original 'cotto' staircase leads to the second floor where there are other three bedrooms and a room used as a kitchen, besides from this floor there's an access to the attic.This property is extremely interesting, not only thanks to the materials used for building it but also for the internal arrangement of the environments on three levels, that makes it fit for many uses. On the rear side there are about twenty olive trees on a piece of land that could be a perfect place for a BBQ or even a relax area. This house could be a very convenient and spacious private residence for a family, a lovely holiday home at the centre of a small town district a few km away from the lake, as well as an excellent place to start a B&B activity.
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Currency Exchange
PG, Umbria, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,970 | £215,155 | £7,185 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,970 |
| Maximum cost in the last six months | £215,155 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,185 |
PG, Umbria, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,970 | £215,155 | £7,185 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,970 |
| Maximum cost in the last six months | £215,155 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,185 |
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 £7,185 more.
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