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CAMPORGIANO - POGGIO REF 297
Camporgiano, Tuscany, Italy
REF: 14727
€395,000
Description
22CAMPORGIANO - POGGIO REF 297Restored (Builders Finish) mill apartments Nestling in woodland on the edge of the pretty mountain village of Poggio, large traditional paper mill, restructured to comprise six 2-bedrooms apartments (each 90 sqm) requiring completion + new building attached to paper mill + stone built water mill + original pigsty + large area of flat land bordering a trout-filled stream on the edge of the pretty mountain village of Poggio. The paper mill has been restored to a builder's finish (ie all the building work such as external and internal walls and roof has been completed) and is subdivided into six, 2-bedroom apartments that would be ideal for summer rentals. Attached to the paper mill is a newly built, 1 storey property, also finished to a builder's finish which could be used as living accommodation or a games room with changing facilities for the pool.< Although the vendor had envisaged converting the paper mill into four 2-bedroom apartments, it would be just as suitable for a B&B or small hotel. The water mill is in good structural condition with sturdy stone walls and traditional tiled roof. It is built over 3 levels with many original mill components still in place in the lowest (semi-interred) level. The two upper floors have independent entrances and are each about 56 sqm. Traditional open fire. It could be converted into a lovely detached family home. The pigsty could easily be converted to an outside oven and/or BBQ for making bread, pizzas and al fresco dining. Around the house there is a large area of flat land with covered parking area, lovely views and plenty of room for a swimming pool and tennis court. The house is only a short walk from from Poggio train station (poggio-careggine-vagli), which is on the main line from Pisa airport, is about 10 minutes walk (700m) The village of Poggio is about 10 minutes by car from the bustling market town of Castelnuovo di Garfagnana, 1 hour from Lucca and 1.5 hours from Pisa airport. The sea and ski resort of Abetone are about 1 hour away, while the local ski slopes of Careggine are just 10 minutes drive 2GardenOpen Fire
22CAMPORGIANO - POGGIO REF 297Restored (Builders Finish) mill apartments Nestling in woodland on the edge of the pretty mountain village of Poggio, large traditional paper mill, restructured to comprise six 2-bedrooms apartments (each 90 sqm) requiring completion + new building attached to paper mill + stone built water mill + original pigsty + large area of flat land bordering a trout-filled stream on the edge of the pretty mountain village of Poggio. The paper mill has been restored to a builder's finish (ie all the building work such as external and internal walls and roof has been completed) and is subdivided into six, 2-bedroom apartments that would be ideal for summer rentals. Attached to the paper mill is a newly built, 1 storey property, also finished to a builder's finish which could be used as living accommodation or a games room with changing facilities for the pool.< Although the vendor had envisaged converting the paper mill into four 2-bedroom apartments, it would be just as suitable for a B&B or small hotel. The water mill is in good structural condition with sturdy stone walls and traditional tiled roof. It is built over 3 levels with many original mill components still in place in the lowest (semi-interred) level. The two upper floors have independent entrances and are each about 56 sqm. Traditional open fire. It could be converted into a lovely detached family home. The pigsty could easily be converted to an outside oven and/or BBQ for making bread, pizzas and al fresco dining. Around the house there is a large area of flat land with covered parking area, lovely views and plenty of room for a swimming pool and tennis court. The house is only a short walk from from Poggio train station (poggio-careggine-vagli), which is on the main line from Pisa airport, is about 10 minutes walk (700m) The village of Poggio is about 10 minutes by car from the bustling market town of Castelnuovo di Garfagnana, 1 hour from Lucca and 1.5 hours from Pisa airport. The sea and ski resort of Abetone are about 1 hour away, while the local ski slopes of Careggine are just 10 minutes drive 2GardenOpen Fire
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Currency Exchange
Camporgiano, Tuscany, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £331,531 | £340,711 | £9,180 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £331,531 |
| Maximum cost in the last six months | £340,711 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,180 |
Camporgiano, Tuscany, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £331,531 | £340,711 | £9,180 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £331,531 |
| Maximum cost in the last six months | £340,711 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,180 |
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 £9,180 more.
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