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Apartment to be restored for sale in Citt della Pieve
PG, Umbria, Italy
REF: 152451
€87,500
Description
Located in the core of the historic centre of the fascinating Medieval hamlet of Citt della Pieve, this 62smq apartment develops on the second floor of a historic building. It is provided with a 55sqm loft on the upper floor, as well as a plot of about 9 sqm on the ground floor. This dwelling, to be totally restored, consists of an entrance, two bedrooms, one of wich with a closet, a bathroom, a spacious kitchen with double window, and a big classic fireplace. An internal wooden staircase leads to the loft, that consists of two bedrooms, one with a window and the other one with a skylight. This can be turned into another bedroom by lowering the attic. The property is complemented by a plot of about 9 sqm. This is the ideal investment for couples, for a family, or to be included into tourist rentals. Chiusi distances 10 km, Castiglione del Lago 20 km, Perugia 45 km, Montepulciano 45 km, Rome 150 km.
Located in the core of the historic centre of the fascinating Medieval hamlet of Citt della Pieve, this 62smq apartment develops on the second floor of a historic building. It is provided with a 55sqm loft on the upper floor, as well as a plot of about 9 sqm on the ground floor. This dwelling, to be totally restored, consists of an entrance, two bedrooms, one of wich with a closet, a bathroom, a spacious kitchen with double window, and a big classic fireplace. An internal wooden staircase leads to the loft, that consists of two bedrooms, one with a window and the other one with a skylight. This can be turned into another bedroom by lowering the attic. The property is complemented by a plot of about 9 sqm. This is the ideal investment for couples, for a family, or to be included into tourist rentals. Chiusi distances 10 km, Castiglione del Lago 20 km, Perugia 45 km, Montepulciano 45 km, Rome 150 km.
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Currency Exchange
PG, Umbria, 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 €87,500 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 |
|---|---|---|---|
| €87,500 | £72,790 | £75,304 | £2,515 |
| Property Price € | €87,500 |
| Minimum cost in the last six months | £72,790 |
| Maximum cost in the last six months | £75,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,515 |
PG, Umbria, 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 €87,500 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 |
|---|---|---|---|
| €87,500 | £72,790 | £75,304 | £2,515 |
| Property Price € | €87,500 |
| Minimum cost in the last six months | £72,790 |
| Maximum cost in the last six months | £75,304 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,515 |
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 £2,515 more.
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