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Castle-hamlet in Umbria
Passignano sul Trasimeno, 84, Italy
REF: 310962
€1,950,000
Description
Castello di Fiume is a marvellous property surrounded by 6.500sqm of land, which is adjacent to the prestigious Tenuta Reschio, the well-known Convento Cappuccini restored by George Lucas, and to the resort Antognolla Golf. This estate consists of a tower and a castle, for a total surface of 1080sqm, wisely and carefully restored by a professional team of architects, engineers and builders. The quadrangular sandstone tower is provided with pointed windows and is set on 6 levels. Within the tower we find the dovecotes, which were used to capture birds, and on the top, we have brick clamps. The castle spreads over 2 levels (average) and boasts sandstone and calcareous walls. It is composed as follows: - basement floor/ground floor: entrance, bathroom, indoor swimming pool, bedroom with en suite bathroom, kitchen, living room, another bedroom with en suite bathroom, utility room; - ground floor/first floor: eat-in kitchen, cellar, loggia, terrace, dining room/kitchen, two bedrooms with en suite bathrooms; - first floor: bedroom with en suite bathroom, another bedroom with en suite bathroom and terrace; - second floor: eat-in kitchen; - third floor: living room; - fourth floor: living room; - fifth floor: corridor, bathroom and laundry room; - sixth floor: double bedroom. The land that surrounds the property includes 300 olive trees, splendid pine trees, cypresses and wide forest. The property needs to be completed, and so the utilities have not been activated yet.The external part of the property has been completely restored, while the interiors on the lower floors need to be finished (the plaster is not present).Considering the peculiarity of the property, it could be used as second home or as holiday home, with undeniable income from seasonal rentals. The castle enjoys a favourable and charming position from a landscape point of view. IT is located on the northern side of the hill right behind Lake Trasimeno, between the towns of Passignano sul Trasimeno and Lisciano Niccone.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 private individuals and the purchase will be taxed according to the current laws.
Castello di Fiume is a marvellous property surrounded by 6.500sqm of land, which is adjacent to the prestigious Tenuta Reschio, the well-known Convento Cappuccini restored by George Lucas, and to the resort Antognolla Golf. This estate consists of a tower and a castle, for a total surface of 1080sqm, wisely and carefully restored by a professional team of architects, engineers and builders. The quadrangular sandstone tower is provided with pointed windows and is set on 6 levels. Within the tower we find the dovecotes, which were used to capture birds, and on the top, we have brick clamps. The castle spreads over 2 levels (average) and boasts sandstone and calcareous walls. It is composed as follows: - basement floor/ground floor: entrance, bathroom, indoor swimming pool, bedroom with en suite bathroom, kitchen, living room, another bedroom with en suite bathroom, utility room; - ground floor/first floor: eat-in kitchen, cellar, loggia, terrace, dining room/kitchen, two bedrooms with en suite bathrooms; - first floor: bedroom with en suite bathroom, another bedroom with en suite bathroom and terrace; - second floor: eat-in kitchen; - third floor: living room; - fourth floor: living room; - fifth floor: corridor, bathroom and laundry room; - sixth floor: double bedroom. The land that surrounds the property includes 300 olive trees, splendid pine trees, cypresses and wide forest. The property needs to be completed, and so the utilities have not been activated yet.The external part of the property has been completely restored, while the interiors on the lower floors need to be finished (the plaster is not present).Considering the peculiarity of the property, it could be used as second home or as holiday home, with undeniable income from seasonal rentals. The castle enjoys a favourable and charming position from a landscape point of view. IT is located on the northern side of the hill right behind Lake Trasimeno, between the towns of Passignano sul Trasimeno and Lisciano Niccone.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 private individuals and the purchase will be taxed according to the current laws.
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Currency Exchange
Passignano sul Trasimeno, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
Passignano sul Trasimeno, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
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 £60,723 more.
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