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4 bedrooms semi detached house
Castelnuovo di Garfagnana (Lucca), Tuscany, Italy
REF: 148982
€89,000
Description
Historic palazzo in need of renovation ||| Garfagnana, Lucca Historic house with panoramic terrace set in the heart of the village of Cerretoli, Near Castelnuovo in the Garfagnana, LU. The property is located almost in front of the village church it has a small front patio garden with fence. The town house is approx.. 180m2 and consists of ; Ground floor ; we enter the property via a historic portal which leads directly into a spacious hallway, a front reception room, a spacious dining room and a kitchen, in the hallway there is a stone staircase that leads to the upper floors, First floor ; central spacious living room with 4 bedrooms and a bathroom. Second floor ; the stone staircase leads into a very spacious room with rafters terracotta tiles, this room leads on to a covered terrace with columns and with views onto the village's main piazza and panoramic views of the entire area. Included in the sale is a ground floor cellar used as wood store but this could become a workshop. The property is in need of renovation and has great potential.
Historic palazzo in need of renovation ||| Garfagnana, Lucca Historic house with panoramic terrace set in the heart of the village of Cerretoli, Near Castelnuovo in the Garfagnana, LU. The property is located almost in front of the village church it has a small front patio garden with fence. The town house is approx.. 180m2 and consists of ; Ground floor ; we enter the property via a historic portal which leads directly into a spacious hallway, a front reception room, a spacious dining room and a kitchen, in the hallway there is a stone staircase that leads to the upper floors, First floor ; central spacious living room with 4 bedrooms and a bathroom. Second floor ; the stone staircase leads into a very spacious room with rafters terracotta tiles, this room leads on to a covered terrace with columns and with views onto the village's main piazza and panoramic views of the entire area. Included in the sale is a ground floor cellar used as wood store but this could become a workshop. The property is in need of renovation and has great potential.
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Currency Exchange
Castelnuovo di Garfagnana (Lucca), 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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,528 | £2,808 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,808 |
Castelnuovo di Garfagnana (Lucca), 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 €89,000 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 |
|---|---|---|---|
| €89,000 | £73,720 | £76,528 | £2,808 |
| Property Price € | €89,000 |
| Minimum cost in the last six months | £73,720 |
| Maximum cost in the last six months | £76,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,808 |
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 £2,808 more.
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