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Farmhouse-rustico in Tuscany
Cinigiano, 888, Italy
REF: 595831
€450,000
Description
The main farmhouse of the property in question is spread over two levels for a total gross area of ??about 300 square meters. Currently the ground floor is used for storage of materials, while the habitable part of the building is located on the first floor where there is a large kitchen / living room, 5 bedrooms (one obtained from the closure of a part of the living room / kitchen) and a bath. A few steps from the main building there are some outbuildings to be recovered currently used as a tool shed that develop a total area of ??about 230 square meters. The land surrounding the property is about 21 hectares (arable land for about 17 ha, woods for about 3.5 ha and about 5,000 sqm of recently planted vineyard). Currently the utilities are not present, it is therefore necessary to restore them. As for the water supply, in the past it was guaranteed by connection to the Fiora Aqueduct. Currently the property is in need of a global restructuring with regards to the whole plant, which would thus guarantee, together with the truly unique position, a recovery of the strong original character of the property. The property is currently used for a quiet and healthy life in the countryside. Potentially it is intended for dwelling with agricultural activities. The purchase is therefore recommended for anyone who loves nature, the quiet of the countryside or those interested in the possibility of developing and/or maintaining qualified agricultural activities.The property for sale in Tuscany is located in the municipality of Cinigiano (GR). The village of Cinigiano, nestled in the Maremma countryside between the Ombrone Valley and the western slopes of Monte Amiata, is about 10 km from the property.The Great Estate group carries out 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 may be requested by the client at the time of a real interest in the property. This property is owned by a company and the sale of the farm takes place only through the sale of the shares of the company which is the owner only of this asset and which has never operated, except for the purchase and management of these assets. The only individuals of the company, three people, are available to give the widest personal guarantees on the company.
The main farmhouse of the property in question is spread over two levels for a total gross area of ??about 300 square meters. Currently the ground floor is used for storage of materials, while the habitable part of the building is located on the first floor where there is a large kitchen / living room, 5 bedrooms (one obtained from the closure of a part of the living room / kitchen) and a bath. A few steps from the main building there are some outbuildings to be recovered currently used as a tool shed that develop a total area of ??about 230 square meters. The land surrounding the property is about 21 hectares (arable land for about 17 ha, woods for about 3.5 ha and about 5,000 sqm of recently planted vineyard). Currently the utilities are not present, it is therefore necessary to restore them. As for the water supply, in the past it was guaranteed by connection to the Fiora Aqueduct. Currently the property is in need of a global restructuring with regards to the whole plant, which would thus guarantee, together with the truly unique position, a recovery of the strong original character of the property. The property is currently used for a quiet and healthy life in the countryside. Potentially it is intended for dwelling with agricultural activities. The purchase is therefore recommended for anyone who loves nature, the quiet of the countryside or those interested in the possibility of developing and/or maintaining qualified agricultural activities.The property for sale in Tuscany is located in the municipality of Cinigiano (GR). The village of Cinigiano, nestled in the Maremma countryside between the Ombrone Valley and the western slopes of Monte Amiata, is about 10 km from the property.The Great Estate group carries out 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 may be requested by the client at the time of a real interest in the property. This property is owned by a company and the sale of the farm takes place only through the sale of the shares of the company which is the owner only of this asset and which has never operated, except for the purchase and management of these assets. The only individuals of the company, three people, are available to give the widest personal guarantees on the company.
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Currency Exchange
Cinigiano, 888, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Cinigiano, 888, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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