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Apartment in Tuscany
Cortona, 856, Italy
REF: 323812
€290,000
Description
Set at ground floor, with independent access, this apartment is located in a privileged position, close to the very central Via Nazionale in Cortona. The property covers an area of 120sqm and is composed of a large living area with open kitchen, 2 bedrooms, bathroom with shower and window, laundry room and cellar/garage. As we enter the apartment, we get into a spacious and cosy living area, in a very bright space in which the modern open kitchen is set, next to the dining area. The sleeping area consists of two bright, spacious and comfortable bedrooms, a delightful bathroom with whirlpool shower and a comfortable laundry room. The property includes a spacious cellar/garage that could be easily connected to the apartment with the construction of an internal staircase. The property is provided with all the necessary utilities, including underfloor heating system and possibility to install an air conditioner.The property was completely restored in 2008. The apartment is characterised by the typical exposed wooden beams, wallpapers with nature decorations and large windows that make the rooms very bright. Appartamento Natural would be perfect as main residence, but, thanks to its strategical position in a very renowned and sought-after town, it could also be a great investment to be inserted into the vacation rentals market.The property is located in the very historical centre of Cortona, along the main street. Thanks to its position, the apartment is extremely peaceful and boasts excellent exposure. From Cortona, all the main cities of Tuscany, like Siena, Florence and Arezzo, are easily reachable both by train and car.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.
Set at ground floor, with independent access, this apartment is located in a privileged position, close to the very central Via Nazionale in Cortona. The property covers an area of 120sqm and is composed of a large living area with open kitchen, 2 bedrooms, bathroom with shower and window, laundry room and cellar/garage. As we enter the apartment, we get into a spacious and cosy living area, in a very bright space in which the modern open kitchen is set, next to the dining area. The sleeping area consists of two bright, spacious and comfortable bedrooms, a delightful bathroom with whirlpool shower and a comfortable laundry room. The property includes a spacious cellar/garage that could be easily connected to the apartment with the construction of an internal staircase. The property is provided with all the necessary utilities, including underfloor heating system and possibility to install an air conditioner.The property was completely restored in 2008. The apartment is characterised by the typical exposed wooden beams, wallpapers with nature decorations and large windows that make the rooms very bright. Appartamento Natural would be perfect as main residence, but, thanks to its strategical position in a very renowned and sought-after town, it could also be a great investment to be inserted into the vacation rentals market.The property is located in the very historical centre of Cortona, along the main street. Thanks to its position, the apartment is extremely peaceful and boasts excellent exposure. From Cortona, all the main cities of Tuscany, like Siena, Florence and Arezzo, are easily reachable both by train and car.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
Cortona, 856, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
Cortona, 856, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
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 £10,310 more.
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