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Farmhouse-rustico in Tuscany
Cortona, 856, Italy
REF: 337584
€540,000
Description
The house has a gross living area of 161 sqm. spread over two levels, a larger one on the ground floor where there is a living room, lounge, kitchen, two bedrooms, hallway, and two bathrooms and a smaller first floor with two bedrooms. At the entrance, we find the living area where the protagonist is the large fireplace and the living area with sofas and lounge, very bright rooms thanks to the French windows overlooking the beautiful garden. Next to it is the dining room with a large table that can seat up to 8 people and which is connected, through an arched door, to the kitchen, which is also well lit thanks to the French window. The masonry kitchen recalls the peasant tradition with its large stone sink, the cooker, and the gas cooker. Also on the ground floor, there are 2 beautiful bedrooms characterized by the particular colours of the walls and 2 bathrooms. Going up the stone staircase you reach the first floor where there are 2 more bedrooms with views of the surrounding green. The property is surrounded by 7000 sqm of land and woodland with fir, oak, and chestnut trees.The property is immediately habitable, has all the main services and is properly connected to all utilities. The heating system is powered by methane gas.The farmhouse was built using old materials and with great care and respect for the environment and was the subject of a final renovation in the early 2000s. Inside there are beautiful terracotta floors and wooden ceilings with exposed beams and tiles. Externally the property has beautiful stone facades.The property in question, given its proximity to amenities, is ideal as a main residence or second home. The property is located about 3.5 km from Mercatale, a small hamlet of Cortona in the province of Arezzo, where the main necessities of life can be found. The town of Cortona, one of the most beautiful in Tuscany, is about 22 km away. Arezzo, the goldsmith's town by definition, is about 50 km away, Siena, the city of the Palio, is about 94 km away and Perugia, the city of chocolate, is about 43 km away. The property is registered in the name of a natural person(s) and the sale will be subject to registration tax in accordance with the regulations in force (see private purchase costs).
The house has a gross living area of 161 sqm. spread over two levels, a larger one on the ground floor where there is a living room, lounge, kitchen, two bedrooms, hallway, and two bathrooms and a smaller first floor with two bedrooms. At the entrance, we find the living area where the protagonist is the large fireplace and the living area with sofas and lounge, very bright rooms thanks to the French windows overlooking the beautiful garden. Next to it is the dining room with a large table that can seat up to 8 people and which is connected, through an arched door, to the kitchen, which is also well lit thanks to the French window. The masonry kitchen recalls the peasant tradition with its large stone sink, the cooker, and the gas cooker. Also on the ground floor, there are 2 beautiful bedrooms characterized by the particular colours of the walls and 2 bathrooms. Going up the stone staircase you reach the first floor where there are 2 more bedrooms with views of the surrounding green. The property is surrounded by 7000 sqm of land and woodland with fir, oak, and chestnut trees.The property is immediately habitable, has all the main services and is properly connected to all utilities. The heating system is powered by methane gas.The farmhouse was built using old materials and with great care and respect for the environment and was the subject of a final renovation in the early 2000s. Inside there are beautiful terracotta floors and wooden ceilings with exposed beams and tiles. Externally the property has beautiful stone facades.The property in question, given its proximity to amenities, is ideal as a main residence or second home. The property is located about 3.5 km from Mercatale, a small hamlet of Cortona in the province of Arezzo, where the main necessities of life can be found. The town of Cortona, one of the most beautiful in Tuscany, is about 22 km away. Arezzo, the goldsmith's town by definition, is about 50 km away, Siena, the city of the Palio, is about 94 km away and Perugia, the city of chocolate, is about 43 km away. The property is registered in the name of a natural person(s) and the sale will be subject to registration tax in accordance with the regulations in force (see private purchase costs).
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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 €540,000 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 |
|---|---|---|---|
| €540,000 | £444,906 | £464,103 | £19,197 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £444,906 |
| Maximum cost in the last six months | £464,103 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,197 |
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 €540,000 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 |
|---|---|---|---|
| €540,000 | £444,906 | £464,103 | £19,197 |
| Property Price € | €540,000 |
| Minimum cost in the last six months | £444,906 |
| Maximum cost in the last six months | £464,103 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,197 |
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 £19,197 more.
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