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Farmhouse-rustico in Umbria
Panicale, 84, Italy
REF: 333775
€950,000
Description
This farmhouse covers an area if 300sqm on two levels and is composed as follows: at ground floor, with three entrances, we find a very spacious kitchen with fireplace and wood burning oven, a pantry, a dining room with two-sided fireplace that divides it from the wide living room, a bathroom, a hallway and a large entranceway from the swimming pool; in the stairwell we find the electrical control unit; on the upper floor, we have a sauna with shower on the right, then a bedroom with bathroom, the master bedroom (with walk-in closet, bathroom with beautiful double bathtub and private balcony), and a third bedroom with bathroom. In the garden we find a splendid swimming pool with salt water, a very deep well and an annex to be restored. The property includes about 3ha of land with about 300 olive trees. The farmhouse is provided with all the necessary utilities, currently connected to the national or municipal grids: electricity, telephone with internet, town water. The heating system is fuelled by LPG.The farmhouse has been finely restored and completely insulated (not only the roof, but also the ceilings. The wiring holders for the underfloor heating system are covered with quartz sand. The property boasts cotto pavements and chestnut wood beams and cotto tiles for the ceilings. This property would be perfect as both main residence and second home.The farmhouse is located just a few steps away from some delightful Umbrian hamlets like Panicale, Paciano, Citt della Pieve, Fontignano and Solomeo. Perugia, with its airport, is 30km away. The Orte-Ravenna highway is 30km away too, while Chiusi, with the A1 motorway exit and the railway station, is 25km away. Within a radius of 30km we also find some of the most beautiful thermal centres in central Italy.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.
This farmhouse covers an area if 300sqm on two levels and is composed as follows: at ground floor, with three entrances, we find a very spacious kitchen with fireplace and wood burning oven, a pantry, a dining room with two-sided fireplace that divides it from the wide living room, a bathroom, a hallway and a large entranceway from the swimming pool; in the stairwell we find the electrical control unit; on the upper floor, we have a sauna with shower on the right, then a bedroom with bathroom, the master bedroom (with walk-in closet, bathroom with beautiful double bathtub and private balcony), and a third bedroom with bathroom. In the garden we find a splendid swimming pool with salt water, a very deep well and an annex to be restored. The property includes about 3ha of land with about 300 olive trees. The farmhouse is provided with all the necessary utilities, currently connected to the national or municipal grids: electricity, telephone with internet, town water. The heating system is fuelled by LPG.The farmhouse has been finely restored and completely insulated (not only the roof, but also the ceilings. The wiring holders for the underfloor heating system are covered with quartz sand. The property boasts cotto pavements and chestnut wood beams and cotto tiles for the ceilings. This property would be perfect as both main residence and second home.The farmhouse is located just a few steps away from some delightful Umbrian hamlets like Panicale, Paciano, Citt della Pieve, Fontignano and Solomeo. Perugia, with its airport, is 30km away. The Orte-Ravenna highway is 30km away too, while Chiusi, with the A1 motorway exit and the railway station, is 25km away. Within a radius of 30km we also find some of the most beautiful thermal centres in central Italy.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
Panicale, 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 €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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
Panicale, 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 €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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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