Apartment in Tuscany

Cortona, 856, Italy

For Sale

€520,000

REF: 507955 €520,000


2

Description

The property is located within a condominium for residential use only, and can be found on the second and third floor. The second floor has a gross area of approximately 220 square meters, and is the main living space of the unit, consisting of three bedrooms, two bathrooms, a living room and a kitchen.

The overlying third floor, made up of the attic of the entire building, for an area of 80 square meters with characteristics of substantial habitability, was intended for servitude, as evidenced by the windows in all rooms, traces of a small altar frescoed on the wall, and the presence of a niche with drainage on the ground, still free, where evidently there was a toilet for the same servitude.The unit is equipped with an independent heating system, with cast iron radiators controlled by an electronic chronothermostat, and for the combined production of hot water, with a methane-fired boiler, also used for kitchen service, derived from the same dedicated street meter.

There is also a cold water system for sanitary and kitchen uses, also derived from a dedicated street meter. There is also a complete electrical system for lighting and electromotive force with lighting fixtures on the second floor of particular value.The structure of the building is typical of the aristocratic houses of the time, and is composed of vertical bearing structures in thick stone, and horizontal structures with visible wooden frames (primary beams of high section and transverse beams also in spaced wood) surmounted by full brick tiles, typical of Tuscan constructions of the time and all in perfect state of observation, and which constitute one of the peculiar characteristics of the building.

The entire second floor has undergone recent re-qualification of the surface finishing elements: in particular, in addition to repainting all the walls and ceilings, new wooden floors have been made everywhere (with the exception of the kitchen and the toilets which are all equipped with prestigious ceramic coatings and floors).

There are also various types of frescoes painted by a well-known artist from Cortona who is no longer alive. All faucets and sanitary fittings are newly installed by prestigious manufacturers.A property of rare charm located in the heart of the countryside, extremely livable and functional for a family that wants to live there all year round.The property is located in the heart of the historic center of Cortona, a beautiful village in Tuscany where you can find all services (bars, restaurants, schools, etc.).The Great Estate Group performs a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property.

This due diligence can be requested by the client at the moment of real interest in the property.This property is in the name of a natural person (s) and the sale will be subject to registration tax according to the regulations in force (see purchase costs from the private individual).
The property is located within a condominium for residential use only, and can be found on the second and third floor. The second floor has a gross area of approximately 220 square meters, and is the main living space of the unit, consisting of three bedrooms, two bathrooms, a living room and a kitchen.

The overlying third floor, made up of the attic of the entire building, for an area of 80 square meters with characteristics of substantial habitability, was intended for servitude, as evidenced by the windows in all rooms, traces of a small altar frescoed on the wall, and the presence of a niche with drainage on the ground, still free, where evidently there was a toilet for the same servitude.The unit is equipped with an independent heating system, with cast iron radiators controlled by an electronic chronothermostat, and for the combined production of hot water, with a methane-fired boiler, also used for kitchen service, derived from the same dedicated street meter.

There is also a cold water system for sanitary and kitchen uses, also derived from a dedicated street meter. There is also a complete electrical system for lighting and electromotive force with lighting fixtures on the second floor of particular value.The structure of the building is typical of the aristocratic houses of the time, and is composed of vertical bearing structures in thick stone, and horizontal structures with visible wooden frames (primary beams of high section and transverse beams also in spaced wood) surmounted by full brick tiles, typical of Tuscan constructions of the time and all in perfect state of observation, and which constitute one of the peculiar characteristics of the building.

The entire second floor has undergone recent re-qualification of the surface finishing elements: in particular, in addition to repainting all the walls and ceilings, new wooden floors have been made everywhere (with the exception of the kitchen and the toilets which are all equipped with prestigious ceramic coatings and floors).

There are also various types of frescoes painted by a well-known artist from Cortona who is no longer alive. All faucets and sanitary fittings are newly installed by prestigious manufacturers.A property of rare charm located in the heart of the countryside, extremely livable and functional for a family that wants to live there all year round.The property is located in the heart of the historic center of Cortona, a beautiful village in Tuscany where you can find all services (bars, restaurants, schools, etc.).The Great Estate Group performs a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property.

This due diligence can be requested by the client at the moment of real interest in the property.This property is in the name of a natural person (s) and the sale will be subject to registration tax according to the regulations in force (see purchase costs from the private individual).
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Property on Map

#7029

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 €520,000 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
€520,000 £430,721 £446,914 £16,193
Property Price € €520,000
Minimum cost in the last six months £430,721
Maximum cost in the last six months £446,914
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,193

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 €520,000 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
€520,000 £430,721 £446,914 £16,193
Property Price € €520,000
Minimum cost in the last six months £430,721
Maximum cost in the last six months £446,914
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,193

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 £16,193 more.

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