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Investment-Large penthouse for sale available to foreigners at the centre of San Candido, South Tirol, Dolomites, Italy \r\n Fully refurbished top floor alpine home forming part of a small historic building with only 3 residential units
Bolzano, Trentino-Alto Adige, Italy
REF: 596364
€850,000
Description
Investment-Large penthouse for sale available to foreigners at the centre of San Candido, South Tirol, Dolomites, Italy \r\n Fully refurbished top floor alpine home forming part of a small historic building with only 3 residential units. \r\n \r\n The penthouse unit has its own entrance via an external feature staircase. \r\n \r\n This immaculate and bright apartment is at the historic centre of San Candido, one of the most charming alpine towns in South Tirol. \r\n The property has been recently fully refurbished by using high level materials, fixtures and fittings throughout. \r\n \r\n The property offers 125 sqm of living space. \r\n This luxury alpine home has high quality hand crafted, wooden features throughout, including exposed beams. \r\n In addition to an open plan living room, kitchen and dining area, there are 2 double bedrooms, one with an on-suite bathroom and there is a second bathroom. \r\n The property benefits from a private cellar room and one external allocated parking space. \r\n \r\n Being at a prime location in San Candido, literally steps from amenities, restaurants, bars and convenient for the ski lifts, scenic hiking and cycling routes. This is a dual season location. \r\n The 3 Peaks scenic Hiking area favoured by visitors for its natural beauty and a number of other alpine lakes are nearby. \r\n \r\n The property is 10 minutes drive from the Austrian border with the Scillian skiing area being within a convenient reach. \r\n \r\n The closest airport is at Innsbruck, Bolzano, Verona and Venice. \r\n \r\n This is an excellent opportunity to purchase a large, centrally located penthouse suitable for a main residence, holiday home or a rental return investment. It can be bought by foreigners. \r\n The property is sold unfurnished, so the new owners have the advantage of being able to personalise the interior. \r\n \r\n For more details or other properties for sale in the Dolomites, you can contact the ECSM Property team. \r\n
Investment-Large penthouse for sale available to foreigners at the centre of San Candido, South Tirol, Dolomites, Italy \r\n Fully refurbished top floor alpine home forming part of a small historic building with only 3 residential units. \r\n \r\n The penthouse unit has its own entrance via an external feature staircase. \r\n \r\n This immaculate and bright apartment is at the historic centre of San Candido, one of the most charming alpine towns in South Tirol. \r\n The property has been recently fully refurbished by using high level materials, fixtures and fittings throughout. \r\n \r\n The property offers 125 sqm of living space. \r\n This luxury alpine home has high quality hand crafted, wooden features throughout, including exposed beams. \r\n In addition to an open plan living room, kitchen and dining area, there are 2 double bedrooms, one with an on-suite bathroom and there is a second bathroom. \r\n The property benefits from a private cellar room and one external allocated parking space. \r\n \r\n Being at a prime location in San Candido, literally steps from amenities, restaurants, bars and convenient for the ski lifts, scenic hiking and cycling routes. This is a dual season location. \r\n The 3 Peaks scenic Hiking area favoured by visitors for its natural beauty and a number of other alpine lakes are nearby. \r\n \r\n The property is 10 minutes drive from the Austrian border with the Scillian skiing area being within a convenient reach. \r\n \r\n The closest airport is at Innsbruck, Bolzano, Verona and Venice. \r\n \r\n This is an excellent opportunity to purchase a large, centrally located penthouse suitable for a main residence, holiday home or a rental return investment. It can be bought by foreigners. \r\n The property is sold unfurnished, so the new owners have the advantage of being able to personalise the interior. \r\n \r\n For more details or other properties for sale in the Dolomites, you can contact the ECSM Property team. \r\n
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Currency Exchange
Bolzano, Trentino-Alto Adige, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £719,177 | £18,862 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £719,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,862 |
Bolzano, Trentino-Alto Adige, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £719,177 | £18,862 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £719,177 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,862 |
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 £18,862 more.
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