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Farmhouse-rustico in Tuscany
Montepulciano, 85, Italy
REF: 466848
€270,000
Description
Charming farmhouse in need of restoration of approximately 370 sqm in a panoramic position among the beautiful hills of Montepulciano. To complete the property there are approximately 2ha of land. Immersed in the romantic and panoramic hills of Montepulciano, not far from the famous medieval village, we find this charming stone farmhouse of 400 sqm to restore from which you can admire a truly breathtaking view. The property is surrounded by about 2 ha of land. The water supply, heating and electric system are not present, so you can decide with your technician the most functional solution for your needs.The property is in stone and at the moment is in need of complete restoration.As the property is in need of restoration, it is a blank canvas in your hands, and is therefore suitable to be used both as a private residence and as a tourist accommodation business.The nearest village, where you can find all the necessary services is Montepulciano and it is only 5 km (10 minutes) away. Pienza 15 km (25 minutes), Montalcino 40 km (50 minutes), Cortona 25 km (30 minutes), Castiglion d'Orcia 30 km (45 minutes), Siena 55 km (54 minutes). The nearest airport is Perugia 70 km (one hour). Florence Airport 125 km (one hour and 30 minutes), Rome Airport 185 km (2 hours), Pisa Airport 195 km (2 hours and 30 minutes).
Charming farmhouse in need of restoration of approximately 370 sqm in a panoramic position among the beautiful hills of Montepulciano. To complete the property there are approximately 2ha of land. Immersed in the romantic and panoramic hills of Montepulciano, not far from the famous medieval village, we find this charming stone farmhouse of 400 sqm to restore from which you can admire a truly breathtaking view. The property is surrounded by about 2 ha of land. The water supply, heating and electric system are not present, so you can decide with your technician the most functional solution for your needs.The property is in stone and at the moment is in need of complete restoration.As the property is in need of restoration, it is a blank canvas in your hands, and is therefore suitable to be used both as a private residence and as a tourist accommodation business.The nearest village, where you can find all the necessary services is Montepulciano and it is only 5 km (10 minutes) away. Pienza 15 km (25 minutes), Montalcino 40 km (50 minutes), Cortona 25 km (30 minutes), Castiglion d'Orcia 30 km (45 minutes), Siena 55 km (54 minutes). The nearest airport is Perugia 70 km (one hour). Florence Airport 125 km (one hour and 30 minutes), Rome Airport 185 km (2 hours), Pisa Airport 195 km (2 hours and 30 minutes).
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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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £223,644 | £232,052 | £8,408 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £223,644 |
| Maximum cost in the last six months | £232,052 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,408 |
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 £8,408 more.
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