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Farmhouse-rustico in Tuscany
Montepulciano, 85, Italy
REF: 419374
€420,000
Description
This lovely farmhouse of 420 sqm. is located just 10 km from Montepulciano in a hilly position and well connected to all the services. The property is divided into three levels as follows: through a beautiful porch you can reach the ground floor composed of a hallway illuminated by a large window, a large living room with fireplace and dining area, a kitchen with a beautiful terrace overlooking the garden, a bathroom and a bedroom. Going up to the first floor, we find a small hallway, three bedrooms, one with access to the loggia, two bathrooms and a small storage room. The basement, very large and spacious, is used as a storage and technical room and another bathroom, now used as a laundry. Externally the house is surrounded by about 1400 sqm. of garden and there is also a specious garage of 45 sqm. The property includes 3325 sqm of land, most of which is olive grove and a small part of arable land. The property is equipped with all necessary utilities. In addition, the house has a modern LPG heating system and pellet stove, alarm system, electric gate, TV, telephone and ADSL.The property was completely restored in 1993, using high quality materials typical of the Tuscan rustic tradition. Perfect as a principal house but also ideal as a holiday home thanks to its perfect location from which you can reach the most popular tourist destinations in Tuscany and Umbria. The property is only 10 km (12 min) from Montepulciano, a small town with all amenities such as bars, restaurants and supermarkets, 15 km from Castiglion del Lago (20 min) and 20 km from Cortona (25 min). Florence is 110 km away (1 hour and 10 minutes). The nearest airport is Perugia, which can be reached in about 1 hour by car (65 km), while Rome can be reached in about 2 hours (200 km).
This lovely farmhouse of 420 sqm. is located just 10 km from Montepulciano in a hilly position and well connected to all the services. The property is divided into three levels as follows: through a beautiful porch you can reach the ground floor composed of a hallway illuminated by a large window, a large living room with fireplace and dining area, a kitchen with a beautiful terrace overlooking the garden, a bathroom and a bedroom. Going up to the first floor, we find a small hallway, three bedrooms, one with access to the loggia, two bathrooms and a small storage room. The basement, very large and spacious, is used as a storage and technical room and another bathroom, now used as a laundry. Externally the house is surrounded by about 1400 sqm. of garden and there is also a specious garage of 45 sqm. The property includes 3325 sqm of land, most of which is olive grove and a small part of arable land. The property is equipped with all necessary utilities. In addition, the house has a modern LPG heating system and pellet stove, alarm system, electric gate, TV, telephone and ADSL.The property was completely restored in 1993, using high quality materials typical of the Tuscan rustic tradition. Perfect as a principal house but also ideal as a holiday home thanks to its perfect location from which you can reach the most popular tourist destinations in Tuscany and Umbria. The property is only 10 km (12 min) from Montepulciano, a small town with all amenities such as bars, restaurants and supermarkets, 15 km from Castiglion del Lago (20 min) and 20 km from Cortona (25 min). Florence is 110 km away (1 hour and 10 minutes). The nearest airport is Perugia, which can be reached in about 1 hour by car (65 km), while Rome can be reached in about 2 hours (200 km).
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Currency Exchange
Montepulciano, 85, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £360,969 | £14,931 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
Montepulciano, 85, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £360,969 | £14,931 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,931 |
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 £14,931 more.
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