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3 bedrooms detached house
Pieve Fosciana (Lucca), Tuscany, Italy
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REF: 18863
€90,000
Description
Large stone house in historic Garfagnana village'. Tuscan Idyll: Opportunity to acquire a large historic stone house near Pieve Fosciana in northern Tuscany. The property is located in Bargecchia, a historically important hamlet with 16th century Church, Campanile and Castello in a uniquely beautiful part of the Garfagnana. This house is being sold by a Scottish architect who has fully refurbished the adjacent property for his own family use. Originally 2 attached houses set on 2-3 levels. Total refurbished area including attic floor would be circa 230 mq. The property could be refurbished as a 4-5 bedroom house or split to form one larger house with a smaller linked unit. Ground floor consists of 2 very large interconnected rooms including cantina with original fittings. First floor consists of 3 rooms. Loft space consists of an open space with 2 original windows that can be reinstated. The property is located 10 minutes from Castelnuovo di Garfagnana and 25 minutes from Barga, the Most Scottish Town in Italy'. Lucca is 1 hour to the south with Forte di Marmi and the beaches of Versilia 1 hour to the west. Florence and Pisa (airport) are both 1.5 hours away.
Large stone house in historic Garfagnana village'. Tuscan Idyll: Opportunity to acquire a large historic stone house near Pieve Fosciana in northern Tuscany. The property is located in Bargecchia, a historically important hamlet with 16th century Church, Campanile and Castello in a uniquely beautiful part of the Garfagnana. This house is being sold by a Scottish architect who has fully refurbished the adjacent property for his own family use. Originally 2 attached houses set on 2-3 levels. Total refurbished area including attic floor would be circa 230 mq. The property could be refurbished as a 4-5 bedroom house or split to form one larger house with a smaller linked unit. Ground floor consists of 2 very large interconnected rooms including cantina with original fittings. First floor consists of 3 rooms. Loft space consists of an open space with 2 original windows that can be reinstated. The property is located 10 minutes from Castelnuovo di Garfagnana and 25 minutes from Barga, the Most Scottish Town in Italy'. Lucca is 1 hour to the south with Forte di Marmi and the beaches of Versilia 1 hour to the west. Florence and Pisa (airport) are both 1.5 hours away.
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Currency Exchange
Pieve Fosciana (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 €90,000 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 |
|---|---|---|---|
| €90,000 | £75,539 | £77,630 | £2,092 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £75,539 |
| Maximum cost in the last six months | £77,630 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,092 |
Pieve Fosciana (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 €90,000 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 |
|---|---|---|---|
| €90,000 | £75,539 | £77,630 | £2,092 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £75,539 |
| Maximum cost in the last six months | £77,630 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,092 |
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 £2,092 more.
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