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4 bedrooms apartment/flat
Castelnuovo di Garfagnana (Lucca), Tuscany, Italy
REF: 204568
€79,000
Description
Apartment need of some renovation - Castelnuovo Garfagnana, Lucca. Apartment need of some renovation Castelnuovo Garfagnana, Lucca. Located on the second floor , spacious and bright apartment of about 180 square meters. The property consists of a large kitchen, living room with fireplace, three large bedrooms and bathroom, in addition to the hallway; there is also a large enclosed veranda with a glass window; the environments can be redefined according to your needs, since in the past they were also used as offices. The apartment is equipped with three large practicable attic rooms, on the upper floor, it is assumed that once these too were used as livingspace due to the presence of a fireplace. The apartment has been uninhabited for some time, there is a heating system that needs to be overhauled and put back into operation; the property needs some general maintenance work.
Apartment need of some renovation - Castelnuovo Garfagnana, Lucca. Apartment need of some renovation Castelnuovo Garfagnana, Lucca. Located on the second floor , spacious and bright apartment of about 180 square meters. The property consists of a large kitchen, living room with fireplace, three large bedrooms and bathroom, in addition to the hallway; there is also a large enclosed veranda with a glass window; the environments can be redefined according to your needs, since in the past they were also used as offices. The apartment is equipped with three large practicable attic rooms, on the upper floor, it is assumed that once these too were used as livingspace due to the presence of a fireplace. The apartment has been uninhabited for some time, there is a heating system that needs to be overhauled and put back into operation; the property needs some general maintenance work.
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Currency Exchange
Castelnuovo di Garfagnana (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 €79,000 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 |
|---|---|---|---|
| €79,000 | £65,436 | £67,897 | £2,460 |
| Property Price € | €79,000 |
| Minimum cost in the last six months | £65,436 |
| Maximum cost in the last six months | £67,897 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,460 |
Castelnuovo di Garfagnana (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 €79,000 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 |
|---|---|---|---|
| €79,000 | £65,436 | £67,897 | £2,460 |
| Property Price € | €79,000 |
| Minimum cost in the last six months | £65,436 |
| Maximum cost in the last six months | £67,897 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,460 |
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 £2,460 more.
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