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Farmhouse-rustico in Tuscany
Cortona, 856, Italy
REF: 634088
€1,090,000
Description
This stunning stone farmhouse in the heart of the Valdichiana, has a surface of 385 sqm. and is easily reachable through a white road of about 500 m in excellent condition. The property is arranged on two levels as follows. The ground floor consists of an entrance hall, a sitting room, a large living room with stone fireplace and dining area, kitchen, a service bathroom and 1 bedroom with en-suite bathroom. On this level there are a further 2 bedrooms with en-suite bathrooms, a laundry room and two storage rooms. The first floor, on the other hand, houses 3 bedrooms: one with en-suite bathroom and two served by another bathroom. The property also includes a cellar in the basement. Outside the house there is a large well-maintained garden of 4660 sqm with a 6x12 swimming pool, built in 2003, and a piece of land of 4960 sqm with approximately 100 olive trees. The property is provided with all utilities. Heating is autonomous with LPG system while the water supply is guaranteed by the private well. There is air conditioning in the bedrooms and an irrigation system for the garden.The property was purchased by the current owners in 2002. Restoration work was completed in 2010, which has made the property truly fascinating. The typical Tuscan taste has remained intact and you can see it in the wooden beams and terracotta floors in the living room.The farmhouse can be used either as a main residence or as a second holiday home. An alternative is to continue to make an income from the property in the tourist-receptive circuit, as this activity has already been started by the current owners with excellent results.The property is located in a very convenient position between Umbria and Tuscany. The nearest village with all services is Camucia, which is about 15 minutes away. At a short distance from the property, however, there are other small towns and the entrance to the motorway. Other destinations within easy reach are Castiglion del Lago 15 km away, Foiano della Chiana 17 km, Montepulciano 25 km away. The nearest airports are Perugia, which can be reached in 45 minutes (55 km) and Florence (125 km). 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 stunning stone farmhouse in the heart of the Valdichiana, has a surface of 385 sqm. and is easily reachable through a white road of about 500 m in excellent condition. The property is arranged on two levels as follows. The ground floor consists of an entrance hall, a sitting room, a large living room with stone fireplace and dining area, kitchen, a service bathroom and 1 bedroom with en-suite bathroom. On this level there are a further 2 bedrooms with en-suite bathrooms, a laundry room and two storage rooms. The first floor, on the other hand, houses 3 bedrooms: one with en-suite bathroom and two served by another bathroom. The property also includes a cellar in the basement. Outside the house there is a large well-maintained garden of 4660 sqm with a 6x12 swimming pool, built in 2003, and a piece of land of 4960 sqm with approximately 100 olive trees. The property is provided with all utilities. Heating is autonomous with LPG system while the water supply is guaranteed by the private well. There is air conditioning in the bedrooms and an irrigation system for the garden.The property was purchased by the current owners in 2002. Restoration work was completed in 2010, which has made the property truly fascinating. The typical Tuscan taste has remained intact and you can see it in the wooden beams and terracotta floors in the living room.The farmhouse can be used either as a main residence or as a second holiday home. An alternative is to continue to make an income from the property in the tourist-receptive circuit, as this activity has already been started by the current owners with excellent results.The property is located in a very convenient position between Umbria and Tuscany. The nearest village with all services is Camucia, which is about 15 minutes away. At a short distance from the property, however, there are other small towns and the entrance to the motorway. Other destinations within easy reach are Castiglion del Lago 15 km away, Foiano della Chiana 17 km, Montepulciano 25 km away. The nearest airports are Perugia, which can be reached in 45 minutes (55 km) and Florence (125 km). 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.
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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 €1,090,000 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 |
|---|---|---|---|
| €1,090,000 | £902,858 | £936,801 | £33,943 |
| Property Price € | €1,090,000 |
| Minimum cost in the last six months | £902,858 |
| Maximum cost in the last six months | £936,801 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,943 |
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 €1,090,000 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 |
|---|---|---|---|
| €1,090,000 | £902,858 | £936,801 | £33,943 |
| Property Price € | €1,090,000 |
| Minimum cost in the last six months | £902,858 |
| Maximum cost in the last six months | £936,801 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,943 |
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 £33,943 more.
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