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Farmhouse-rustico in Umbria
Monte Castello di Vibio, 84, Italy
REF: 301548
€880,000
Description
This beautiful property consists of a farmhouse of 918sqm, completely restored a few years ago preserving the typical features of the Umbrian country houses, and currently divided into 10 apartments of different sizes. On the first floor below street, we find 3 apartments and a common area: the apartments are two-room units composed of kitchen/living room, bedroom and bathroom. On the second floor below street, there are 4 apartments: a two-room unit with living room, bedroom and bathroom; 2 three-room units with kitchen, living room, bedroom and bathroom; a three-room unit with two bedrooms, kitchen/living area and a bathroom. On the first floor, we have two apartments: a one-room unit with bedroom and bathroom; a four-room unit with living room/kitchen, 3 bedrooms, 2 bathrooms. On the second floor, we find a four-room unit with kitchen/living room, 3 bedrooms and 2 bathrooms. The property includes a garden of about 3.000sqm with swimming pool and large covered barbecue area. The utilities are correctly activated: electricity supplied by the national net, water supply granted by the town aqueduct, autonomous heating system for each apartment fuelled by LPG (currently in the process of connecting to the methane net), WiFi. The second floor is also provided with air conditioning.The farmhouse has been restored preserving the characteristic features of the Umbrian country houses: cotto pavements and ceilings with exposed wooden beams and the classical stone tiles. We also find some modern touches, which enhance the beauty of the farmhouse, like the glass entrance at ground floor or Gres porcelain tiles with wood finishing for some of the pavements.This property is suitable for different uses. It is currently completely used as touristic facility, for both short- and long-term rentals. It could also be perfect as main residence, partly rented out as touristic facility, or it could be turned into a retirement home.The property is located 10km away from Todi, 8km from Marsciano, 25km from Perugia, 30km from Perugia Airport and 6km from the E45 motorway exit.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by a company.
This beautiful property consists of a farmhouse of 918sqm, completely restored a few years ago preserving the typical features of the Umbrian country houses, and currently divided into 10 apartments of different sizes. On the first floor below street, we find 3 apartments and a common area: the apartments are two-room units composed of kitchen/living room, bedroom and bathroom. On the second floor below street, there are 4 apartments: a two-room unit with living room, bedroom and bathroom; 2 three-room units with kitchen, living room, bedroom and bathroom; a three-room unit with two bedrooms, kitchen/living area and a bathroom. On the first floor, we have two apartments: a one-room unit with bedroom and bathroom; a four-room unit with living room/kitchen, 3 bedrooms, 2 bathrooms. On the second floor, we find a four-room unit with kitchen/living room, 3 bedrooms and 2 bathrooms. The property includes a garden of about 3.000sqm with swimming pool and large covered barbecue area. The utilities are correctly activated: electricity supplied by the national net, water supply granted by the town aqueduct, autonomous heating system for each apartment fuelled by LPG (currently in the process of connecting to the methane net), WiFi. The second floor is also provided with air conditioning.The farmhouse has been restored preserving the characteristic features of the Umbrian country houses: cotto pavements and ceilings with exposed wooden beams and the classical stone tiles. We also find some modern touches, which enhance the beauty of the farmhouse, like the glass entrance at ground floor or Gres porcelain tiles with wood finishing for some of the pavements.This property is suitable for different uses. It is currently completely used as touristic facility, for both short- and long-term rentals. It could also be perfect as main residence, partly rented out as touristic facility, or it could be turned into a retirement home.The property is located 10km away from Todi, 8km from Marsciano, 25km from Perugia, 30km from Perugia Airport and 6km from the E45 motorway exit.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by a company.
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Currency Exchange
Monte Castello di Vibio, 84, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £728,913 | £756,316 | £27,403 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £728,913 |
| Maximum cost in the last six months | £756,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,403 |
Monte Castello di Vibio, 84, 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 €880,000 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 |
|---|---|---|---|
| €880,000 | £728,913 | £756,316 | £27,403 |
| Property Price € | €880,000 |
| Minimum cost in the last six months | £728,913 |
| Maximum cost in the last six months | £756,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,403 |
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 £27,403 more.
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