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4 bedrooms apartment/flat
Barga (Lucca), Tuscany, Italy
REF: 164208
€400,000
Description
Apartment on 2 levels, shops, basement (total 520m2) part of palazzo in Barga, Lucca. Historic palazzo of 520m2 ; First floor apartment with space to create second apartment, shops, cellars and some outside space. The property consists of a ground floor entrance with historic portal that leads into a large hallway which in turn leads on into 2 very large rooms which in the historically served kitchens to former nobility these spaces could become independent apartment if needs be. In the entrance hall we find a stone staircase which leads into a large cellar with access to shared garden. There are 2 shops the larger has 3 rooms at the rear of the shop, these spaces could be easily be connected to the former kitchens. The smaller shop, which in the past had been connected consists of large shop and a smaller storage room. Both these shops are well positioned in Barga's historic centre located directly on the piazza in front of the theatre. The total combined area of the shops is approx. 160m2. Apartment. The first floor apartment is accessed via the palazzos original staircase with vaulted ceilings. The spaces are considerable circa 230m2 there is a hall, 3 large rooms, a smaller room, kitchen, bathroom with bath and wc. There is also a small bathroom that probably dates back to the properties construction in the late medieval period. The property has on one side views of the piazza in front of the theatre and on the other side there are the panoramic views of the Apennines. The apartment was heated with a fireplace in the larger reception room and woodstove situated in the hallway. The property has great potential for those who have eyes to see.
Apartment on 2 levels, shops, basement (total 520m2) part of palazzo in Barga, Lucca. Historic palazzo of 520m2 ; First floor apartment with space to create second apartment, shops, cellars and some outside space. The property consists of a ground floor entrance with historic portal that leads into a large hallway which in turn leads on into 2 very large rooms which in the historically served kitchens to former nobility these spaces could become independent apartment if needs be. In the entrance hall we find a stone staircase which leads into a large cellar with access to shared garden. There are 2 shops the larger has 3 rooms at the rear of the shop, these spaces could be easily be connected to the former kitchens. The smaller shop, which in the past had been connected consists of large shop and a smaller storage room. Both these shops are well positioned in Barga's historic centre located directly on the piazza in front of the theatre. The total combined area of the shops is approx. 160m2. Apartment. The first floor apartment is accessed via the palazzos original staircase with vaulted ceilings. The spaces are considerable circa 230m2 there is a hall, 3 large rooms, a smaller room, kitchen, bathroom with bath and wc. There is also a small bathroom that probably dates back to the properties construction in the late medieval period. The property has on one side views of the piazza in front of the theatre and on the other side there are the panoramic views of the Apennines. The apartment was heated with a fireplace in the larger reception room and woodstove situated in the hallway. The property has great potential for those who have eyes to see.
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Currency Exchange
Barga (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 €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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
Barga (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 €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 |
|---|---|---|---|
| €400,000 | £331,324 | £343,780 | £12,456 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £331,324 |
| Maximum cost in the last six months | £343,780 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,456 |
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 £12,456 more.
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