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4 bedrooms detached house
Barga (Lucca), Tuscany, Italy
REF: 279545
€285,000
Description
A former restaurant/bar with 2 apartments above, outbuildings and land (25'600mq), situated in a valley near to Barga. The main building consists of Ground floor spaces used as restaurant with dining rooms, kitchens, bathrooms, bar, plus outsides spaces. First and second floor are dedicated to living spaces each approx. 90mq. with separate entrance at rear courtyard. The building is structurally sound but needs some maintenance and modernization. There are 3 outbuildings, 2 have been used as storage spaces for the restaurant, the third are stables. The is a pleasing section of woodland plus meadows adjacent to the river. The property has new bio-cesspits and has own spring water plus access to river for irrigation.
A former restaurant/bar with 2 apartments above, outbuildings and land (25'600mq), situated in a valley near to Barga. The main building consists of Ground floor spaces used as restaurant with dining rooms, kitchens, bathrooms, bar, plus outsides spaces. First and second floor are dedicated to living spaces each approx. 90mq. with separate entrance at rear courtyard. The building is structurally sound but needs some maintenance and modernization. There are 3 outbuildings, 2 have been used as storage spaces for the restaurant, the third are stables. The is a pleasing section of woodland plus meadows adjacent to the river. The property has new bio-cesspits and has own spring water plus access to river for irrigation.
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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 €285,000 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 |
|---|---|---|---|
| €285,000 | £236,068 | £244,943 | £8,875 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £236,068 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,875 |
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 €285,000 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 |
|---|---|---|---|
| €285,000 | £236,068 | £244,943 | £8,875 |
| Property Price € | €285,000 |
| Minimum cost in the last six months | £236,068 |
| Maximum cost in the last six months | £244,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,875 |
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 £8,875 more.
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