Farmhouse-rustico in Umbria

Citt di Castello, 84, Italy

For Sale

€890,000

REF: 125379 €890,000


3

Description

The property is located in a privileged position with access via a short gravel road which in good condition, very well outlook, halfway up the hill. The property consists of a 900 sqm, partially restored, noble villa, park, lemon house, dovecote and garage to be recovered, reaching altogether additional 300 sqm.

The Villa is on 4 levels: ground floor, first floor, second floor and attic with access to the turret. On the ground floor there is a living room, dining room, kitchen and a bathroom with the possibility of creating a bedroom; the remaining space is a magnificent wine cellar. The first floor is not currently inhabited and needs to be restored; it consists of a lounge with fireplace, three bedrooms, bathroom, kitchen, dining room, library and lounge.

The second floor has been renovated and has a living room with fireplace, kitchen, four bedrooms and a bathroom. The attic features high ceilings at the center and could become an additional living space. From here you can access the beautiful panoramic tower. All floors are connected by an internal stone staircase which has remained unchanged.

Private land covers 4.8 hectares (12 acres); it is possible to build a swimming pool. Water system served by an aqueduct. Heating system is power by boilers fed by LPG gas with an underground tank, as well as by wood stoves and fireplaces. Electrical system is up to standard. On the ground floor, the old cellar does not require structural interventions, but has no installations and systems.

The entrance hall, the kitchen, the bathroom and the closet are renovated. The noble first floor needs to be restored. The second floor is completely renovated. The attic lacks of systems and installations. Some consolidation works are needed on a part of the house. The renovation was carried out respecting the building methods of the past, making extensive use of reclaimed materials.

Once renovated, the property could be used as an exclusive private residence or it could also be inserted into a high end rental market, once the necessary upgrades have been completed and a swimming pool has been created. Please note that, to protect the privacy of the owners, the GPS point marked on the map is only approximate.

Please contact us for precise information on this property or others in our extensive database. The property is located in the municipality of Citt di Castello, at short distance from a village that offers all the services of a larger town, including bars, excellent restaurants, schools, post office and banks, supermarkets and much more.

Citta di Castello is about 10 km away (15 minutes by car). Montone is about 15 minutes away; other town within easy reach are Umbertide (15 minutes), Perugia (35 minutes), Florence (2 hours) Rome (2, 15 hours). The Great Estate group, on each property acquired, carries out a technical due diligence through the seller's technician, which allows us to know in detail the urban and cadastral situation of each property.

This due diligence can be requested by the client at the time of a real interest in the property. The property is owned by a physical person, so the sale is subject to taxes of 9% of the revalued cadastral value, or 2% for the first home.
The property is located in a privileged position with access via a short gravel road which in good condition, very well outlook, halfway up the hill. The property consists of a 900 sqm, partially restored, noble villa, park, lemon house, dovecote and garage to be recovered, reaching altogether additional 300 sqm.

The Villa is on 4 levels: ground floor, first floor, second floor and attic with access to the turret. On the ground floor there is a living room, dining room, kitchen and a bathroom with the possibility of creating a bedroom; the remaining space is a magnificent wine cellar. The first floor is not currently inhabited and needs to be restored; it consists of a lounge with fireplace, three bedrooms, bathroom, kitchen, dining room, library and lounge.

The second floor has been renovated and has a living room with fireplace, kitchen, four bedrooms and a bathroom. The attic features high ceilings at the center and could become an additional living space. From here you can access the beautiful panoramic tower. All floors are connected by an internal stone staircase which has remained unchanged.

Private land covers 4.8 hectares (12 acres); it is possible to build a swimming pool. Water system served by an aqueduct. Heating system is power by boilers fed by LPG gas with an underground tank, as well as by wood stoves and fireplaces. Electrical system is up to standard. On the ground floor, the old cellar does not require structural interventions, but has no installations and systems.

The entrance hall, the kitchen, the bathroom and the closet are renovated. The noble first floor needs to be restored. The second floor is completely renovated. The attic lacks of systems and installations. Some consolidation works are needed on a part of the house. The renovation was carried out respecting the building methods of the past, making extensive use of reclaimed materials.

Once renovated, the property could be used as an exclusive private residence or it could also be inserted into a high end rental market, once the necessary upgrades have been completed and a swimming pool has been created. Please note that, to protect the privacy of the owners, the GPS point marked on the map is only approximate.

Please contact us for precise information on this property or others in our extensive database. The property is located in the municipality of Citt di Castello, at short distance from a village that offers all the services of a larger town, including bars, excellent restaurants, schools, post office and banks, supermarkets and much more.

Citta di Castello is about 10 km away (15 minutes by car). Montone is about 15 minutes away; other town within easy reach are Umbertide (15 minutes), Perugia (35 minutes), Florence (2 hours) Rome (2, 15 hours). The Great Estate group, on each property acquired, carries out a technical due diligence through the seller's technician, which allows us to know in detail the urban and cadastral situation of each property.

This due diligence can be requested by the client at the time of a real interest in the property. The property is owned by a physical person, so the sale is subject to taxes of 9% of the revalued cadastral value, or 2% for the first home.
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Property on Map

#5843

Currency Exchange

Citt di Castello, 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 €890,000 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
€890,000 £737,196 £764,911 £27,715
Property Price € €890,000
Minimum cost in the last six months £737,196
Maximum cost in the last six months £764,911
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,715

Citt di Castello, 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 €890,000 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
€890,000 £737,196 £764,911 £27,715
Property Price € €890,000
Minimum cost in the last six months £737,196
Maximum cost in the last six months £764,911
Fluctuating exchange rates over the last six months could have increased the cost of this property by £27,715

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 £27,715 more.

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