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Farmhouse to be restored for sale in Pienza
SI, Toscana, Italy
REF: 152411
€450,000
Description
Inside the Val D'Orcia natural park, in one of the most beautiful areas in Tuscany, this real estate composed by a building for residential use with three units covering a total surface of about 350sqm, an annex composed by former stables covering a surface of about 228sqm and a shed, partly ruined, located right next to the house. The buildings need a 360-degree restoration and a redistribution of the internal space but it is a property with high potential, especially thanks to its location and to the view it overlooks. The pristine surrounding natural environment is the true key of this place, with its lights and colours changing according to the season, a magical place, besides, Pienza, first town of the Italian Renaissance, it's an UNESCO site, like the entire Val D'Orcia, and it's one of the most sought-after touristic places in Tuscany. The property is located in a strategic spot to go sightseeing and visiting famous towns such as Montepulciano, Montalcino and Cortona, and the beautiful cities of Siena and Arezzo, located less than an hour drive. Less known, but not less suggestive, also towns like Castelmuzio, Petroio, Montisi, Trequanda, Monticchiello, Castiglion d'Orcia and Radicofani. From here it is also possible to reach in short time the amazing gardens of Villa La Foce and the lovely Ragnaia woods in San Giovanni D'Asso.
Inside the Val D'Orcia natural park, in one of the most beautiful areas in Tuscany, this real estate composed by a building for residential use with three units covering a total surface of about 350sqm, an annex composed by former stables covering a surface of about 228sqm and a shed, partly ruined, located right next to the house. The buildings need a 360-degree restoration and a redistribution of the internal space but it is a property with high potential, especially thanks to its location and to the view it overlooks. The pristine surrounding natural environment is the true key of this place, with its lights and colours changing according to the season, a magical place, besides, Pienza, first town of the Italian Renaissance, it's an UNESCO site, like the entire Val D'Orcia, and it's one of the most sought-after touristic places in Tuscany. The property is located in a strategic spot to go sightseeing and visiting famous towns such as Montepulciano, Montalcino and Cortona, and the beautiful cities of Siena and Arezzo, located less than an hour drive. Less known, but not less suggestive, also towns like Castelmuzio, Petroio, Montisi, Trequanda, Monticchiello, Castiglion d'Orcia and Radicofani. From here it is also possible to reach in short time the amazing gardens of Villa La Foce and the lovely Ragnaia woods in San Giovanni D'Asso.
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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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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