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Tenuta del Lago
ALESSANDRIA, PIEMONTE, Italy
REF: 381057
€890,000
Description
The majestic "Tenuta del Lago" stands proudly on the gentle and mild hills of Ovadese, just over an hour's drive from Milan and the sea, in the enchanting scenery of the Alto Monferrato, in the enchanting setting of Alto Monferrato. The property is surrounded by approximately 16 hectares of land, ranging from 2.4 hectares of vineyards with prestigious grape varieties such as Barbera, Chardonnay, Dolcetto, Cortese, Pinot Nero, and Moscato, to 2.3 hectares of lavender fields that emit a captivating fragrance. The landscape is further enriched by 2.5 hectares of elegant poplar trees, 5 hectares designated for forage, and a picturesque wooded area with paddocks. The heart of the property is an ancient farmhouse, divided into two apartments to be renovated, retaining the charm of antiquity. The first apartment offers a cozy kitchen, a bright living room, two bedrooms, and two bathrooms, while the second features a spacious kitchen, a large living room, three bedrooms, and a bathroom. On the ground floor, a spacious room lends itself to becoming an exclusive restaurant with a capacity for 74 guests, complemented by a professional kitchen and impeccable facilities. The spaces dedicated to agricultural activities are equally essential, with sheds for agricultural equipment and vinification, a spacious refrigerated room, and a cellar with charming brick vaults and a cave for aging. The property also includes a stable with 4 horse stalls, along with an area for breeding goats or sheep, or possibly 12 horse stalls. The property boasts a large lake fed by spring water, offering an element of tranquility and natural beauty. The commitment to sustainability is evident with a 40 kW photovoltaic system, GPL heating, three-phase electricity, municipal water supply, and three spring water wells; as well as the entire estate and grounds are certified organic. The "Tenuta del Lago" embodies the harmony between the ancient and the modern, nature and elegance, providing a unique opportunity in the heart of Ovadese.
The majestic "Tenuta del Lago" stands proudly on the gentle and mild hills of Ovadese, just over an hour's drive from Milan and the sea, in the enchanting scenery of the Alto Monferrato, in the enchanting setting of Alto Monferrato. The property is surrounded by approximately 16 hectares of land, ranging from 2.4 hectares of vineyards with prestigious grape varieties such as Barbera, Chardonnay, Dolcetto, Cortese, Pinot Nero, and Moscato, to 2.3 hectares of lavender fields that emit a captivating fragrance. The landscape is further enriched by 2.5 hectares of elegant poplar trees, 5 hectares designated for forage, and a picturesque wooded area with paddocks. The heart of the property is an ancient farmhouse, divided into two apartments to be renovated, retaining the charm of antiquity. The first apartment offers a cozy kitchen, a bright living room, two bedrooms, and two bathrooms, while the second features a spacious kitchen, a large living room, three bedrooms, and a bathroom. On the ground floor, a spacious room lends itself to becoming an exclusive restaurant with a capacity for 74 guests, complemented by a professional kitchen and impeccable facilities. The spaces dedicated to agricultural activities are equally essential, with sheds for agricultural equipment and vinification, a spacious refrigerated room, and a cellar with charming brick vaults and a cave for aging. The property also includes a stable with 4 horse stalls, along with an area for breeding goats or sheep, or possibly 12 horse stalls. The property boasts a large lake fed by spring water, offering an element of tranquility and natural beauty. The commitment to sustainability is evident with a 40 kW photovoltaic system, GPL heating, three-phase electricity, municipal water supply, and three spring water wells; as well as the entire estate and grounds are certified organic. The "Tenuta del Lago" embodies the harmony between the ancient and the modern, nature and elegance, providing a unique opportunity in the heart of Ovadese.
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Currency Exchange
ALESSANDRIA, PIEMONTE, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £740,373 | £765,952 | £25,579 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £740,373 |
| Maximum cost in the last six months | £765,952 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,579 |
ALESSANDRIA, PIEMONTE, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £740,373 | £765,952 | £25,579 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £740,373 |
| Maximum cost in the last six months | £765,952 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,579 |
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 £25,579 more.
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