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Elegant historic building dating back to 1569, located in the heart of the historic center of Montecarlo, a charming and picturesque medieval village that stands on an isolated hill, just 25 min far from Lucca, characterized by extensive olive groves and vineyards and is famous worldwide for its sig
Montecarlo, Lucca, Italy
REF: 624839
€950,000
Description
Elegant historic building dating back to 1569, located in the heart of the historic center of Montecarlo, a charming and picturesque medieval village that stands on an isolated hill, just 25 min far from Lucca, characterized by extensive olive groves and vineyards and is famous worldwide for its significant wine production and with a breathtaking panoramic view.
The property has a total area of ??460 square meters and features on the ground floor a large frescoed living room, a specious eat-in kitchen characterized by a magnificent ceiling with exposed beams and equipped with a wood-burning oven, an elegant dining room, bathroom, hallway and technical room for storage/heating plant use.
The first floor is accessed via a majestic stone staircase and we find two large and elegant halls with an 11m2 terrace, a service bathroom, a bedroom with private bathroom. An elegant mahogany staircase leads up to the second floor where we have three large bedrooms with private bathrooms. The third and top floor features a large living area with fireplace and kitchen, two further bedrooms and a bathroom.
The property is completed by a suggestive and large cellar, original of the period, characterized by stone and brick vaults.
There is the possibility, as an added value to the property, to purchase separately, at a short walking distance, a large 80m2 garage that offers space for 3-4 cars, which leads to a beautiful garden with lemon trees and olive trees and, if desired, more space for outdoor parking.
The great qualities of this property, in addition to being in perfect condition, with no need for restoration and the excellent position in the heart of Montecarlo and with a panoramic view, are also the use of typical materials and finishes such as ceilings with exposed wooden beams, frescoes , antique terracotta floors, perfectly preserved, and parquet, stone and mahogany stairs.
Ideal for a large family as a holiday or permanent home, as well as a bed & breakfast, as close to Lucca, Pisa, Florence, to the sea and 2 international airports, Pisa and Florence.
Elegant historic building dating back to 1569, located in the heart of the historic center of Montecarlo, a charming and picturesque medieval village that stands on an isolated hill, just 25 min far from Lucca, characterized by extensive olive groves and vineyards and is famous worldwide for its significant wine production and with a breathtaking panoramic view.
The property has a total area of ??460 square meters and features on the ground floor a large frescoed living room, a specious eat-in kitchen characterized by a magnificent ceiling with exposed beams and equipped with a wood-burning oven, an elegant dining room, bathroom, hallway and technical room for storage/heating plant use.
The first floor is accessed via a majestic stone staircase and we find two large and elegant halls with an 11m2 terrace, a service bathroom, a bedroom with private bathroom. An elegant mahogany staircase leads up to the second floor where we have three large bedrooms with private bathrooms. The third and top floor features a large living area with fireplace and kitchen, two further bedrooms and a bathroom.
The property is completed by a suggestive and large cellar, original of the period, characterized by stone and brick vaults.
There is the possibility, as an added value to the property, to purchase separately, at a short walking distance, a large 80m2 garage that offers space for 3-4 cars, which leads to a beautiful garden with lemon trees and olive trees and, if desired, more space for outdoor parking.
The great qualities of this property, in addition to being in perfect condition, with no need for restoration and the excellent position in the heart of Montecarlo and with a panoramic view, are also the use of typical materials and finishes such as ceilings with exposed wooden beams, frescoes , antique terracotta floors, perfectly preserved, and parquet, stone and mahogany stairs.
Ideal for a large family as a holiday or permanent home, as well as a bed & breakfast, as close to Lucca, Pisa, Florence, to the sea and 2 international airports, Pisa and Florence.
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Currency Exchange
Montecarlo, Lucca, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
Montecarlo, Lucca, 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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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