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Farmhouse to be restored for sale in Montepulciano
SI, Toscana, Italy
REF: 152391
€490,000
Description
In a beautiful corner of the countryside surrounding Montepulciano, among green rolling hills and lovely vineyards, with view over the lakes, Chiusi and Montepulciano, this typical Tuscan farmhouse to be restored covering an area of about 162sqm on two levels, with garage and annexes of about 167sqm, surrounded by about 2 hectares of land, with arable land and olive grove with 200 productive olive trees. A pristine natural landscape, very quiet and private, reachable through a perfectly maintained gravel road, only one km away from the main services. At the basement floor, divided in several rooms and with independent access, there are two former stables and a henhouse, left exactly as they once were. The ground floor is composed by three bedrooms, one bathroom, a kitchen-dining and a living room with exposed beams. The first floor, reachable through an external staircase with nice loggia, is composed by three bedrooms and a living area with kitchenette. On the property also four annexes: a barn, a tool shed, a pigsty on two levels and a small storage room. The old pigsty is composed by three stables and an old oven at the ground floor and two utility rooms at the first floor.The house is ready to move in, it only needs a restoration that could bring new shine to this historical farmhouse, a beautiful private residence but also a perfect B&B or a house for touristic rentals.
In a beautiful corner of the countryside surrounding Montepulciano, among green rolling hills and lovely vineyards, with view over the lakes, Chiusi and Montepulciano, this typical Tuscan farmhouse to be restored covering an area of about 162sqm on two levels, with garage and annexes of about 167sqm, surrounded by about 2 hectares of land, with arable land and olive grove with 200 productive olive trees. A pristine natural landscape, very quiet and private, reachable through a perfectly maintained gravel road, only one km away from the main services. At the basement floor, divided in several rooms and with independent access, there are two former stables and a henhouse, left exactly as they once were. The ground floor is composed by three bedrooms, one bathroom, a kitchen-dining and a living room with exposed beams. The first floor, reachable through an external staircase with nice loggia, is composed by three bedrooms and a living area with kitchenette. On the property also four annexes: a barn, a tool shed, a pigsty on two levels and a small storage room. The old pigsty is composed by three stables and an old oven at the ground floor and two utility rooms at the first floor.The house is ready to move in, it only needs a restoration that could bring new shine to this historical farmhouse, a beautiful private residence but also a perfect B&B or a house for touristic rentals.
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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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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