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Detached villa with gardens for sale in Lecce
LE, Puglia, Italy
REF: 152515
€1,400,000
Description
In the immediate vicinity of Lecce, near the university campus on the road leading to the wonderful beaches of the Ionian coast, this 700sqm detached villa is arranged over two levels and is surrounded by approximately 1 hectares of field. The main body of the property dates back to the 19th century, but originally it was a masseria. Thanks to some extensions built during the years, it has been turned into a noble countryside villa. Two entrance avenues lead to the dwelling, which is arranged over two levels. The ground floor has been totally restored taking care of the original features of the structure, such as the local star-vaulted ceilings. The first floor is in good condition, but it needs some restyling. The ground floor houses a big drawing room, a spacious kitchen and seven suites, each of them characterized by an independent entrance, private bathroom and air conditioning system installed. Two internal staircases in a big entrance hall leads to the upper floor, characterized by star-vaulted ceilings. The ground floor comprises a big star-vaulted drawing room with frescoes and original flooring, four bedrooms, two bathrooms, a spacious kitchen, a kitchenette, a terrace and four balconies. Outside, 1 hectares of field characterized by a well-kept garden, citrus groves, an orchard, and several trees and plants. The property is complemented by a well, with the possibility to create a swimming pool. An interesting property, ideal to be a tourist accommodation, given its structure and location. The capital of Baroque, Lecce, is 3 kms away, the Ionian crystal-clear waters of Porto Cesareo 20 kms, the Brindisi airport 52 kms.
In the immediate vicinity of Lecce, near the university campus on the road leading to the wonderful beaches of the Ionian coast, this 700sqm detached villa is arranged over two levels and is surrounded by approximately 1 hectares of field. The main body of the property dates back to the 19th century, but originally it was a masseria. Thanks to some extensions built during the years, it has been turned into a noble countryside villa. Two entrance avenues lead to the dwelling, which is arranged over two levels. The ground floor has been totally restored taking care of the original features of the structure, such as the local star-vaulted ceilings. The first floor is in good condition, but it needs some restyling. The ground floor houses a big drawing room, a spacious kitchen and seven suites, each of them characterized by an independent entrance, private bathroom and air conditioning system installed. Two internal staircases in a big entrance hall leads to the upper floor, characterized by star-vaulted ceilings. The ground floor comprises a big star-vaulted drawing room with frescoes and original flooring, four bedrooms, two bathrooms, a spacious kitchen, a kitchenette, a terrace and four balconies. Outside, 1 hectares of field characterized by a well-kept garden, citrus groves, an orchard, and several trees and plants. The property is complemented by a well, with the possibility to create a swimming pool. An interesting property, ideal to be a tourist accommodation, given its structure and location. The capital of Baroque, Lecce, is 3 kms away, the Ionian crystal-clear waters of Porto Cesareo 20 kms, the Brindisi airport 52 kms.
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Currency Exchange
LE, Puglia, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,164,632 | £1,204,868 | £40,236 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,164,632 |
| Maximum cost in the last six months | £1,204,868 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,236 |
LE, Puglia, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,164,632 | £1,204,868 | £40,236 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,164,632 |
| Maximum cost in the last six months | £1,204,868 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,236 |
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 £40,236 more.
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