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Rustico Monastero Bormida
ASTI, PIEMONTE, Italy
REF: 518747
€100,000
Description
MONASTERO BORMIDA - PIEMONTE Rustic in Langhe stone independent on 4 sides, located in the beautiful hills of Monferrato, enjoys a spectacular view over the valley below. Totally to be restored and with land owned including the annexed building of about 13,193 square meters, mainly wooded and arable land. The property is located a few minutes from the beautiful Castello di Monastero Bormida, a historic medieval village, but equipped with all the necessities. The village offers panoramic excursions and horseback riding, hiking and walking. Thanks to its strategic location, the farmhouse will allow you to reach Milan in 1 hour, 1 hour to the most beautiful beaches of the Ligurian Riviera and 1 hour and a half to the mountains where you can practice winter sports. Possibility of electricity and aqueduct connections near the property, about 20/25 meters. Renovation project with relevant plans and possibility to buy also adjacent land with another free building on 3 sides.
MONASTERO BORMIDA - PIEMONTE Rustic in Langhe stone independent on 4 sides, located in the beautiful hills of Monferrato, enjoys a spectacular view over the valley below. Totally to be restored and with land owned including the annexed building of about 13,193 square meters, mainly wooded and arable land. The property is located a few minutes from the beautiful Castello di Monastero Bormida, a historic medieval village, but equipped with all the necessities. The village offers panoramic excursions and horseback riding, hiking and walking. Thanks to its strategic location, the farmhouse will allow you to reach Milan in 1 hour, 1 hour to the most beautiful beaches of the Ligurian Riviera and 1 hour and a half to the mountains where you can practice winter sports. Possibility of electricity and aqueduct connections near the property, about 20/25 meters. Renovation project with relevant plans and possibility to buy also adjacent land with another free building on 3 sides.
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Currency Exchange
ASTI, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
ASTI, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 £3,555 more.
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