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Farmhouse-rustico in Umbria
Corciano, 84, Italy
REF: 648422
€1,500,000
Description
Located in the Umbrian countryside, between the cities of Perugia and Lake Trasimeno, the property was completely restored in the early 1990's and still retains all its ancient charm. Currently used as an accommodation facility, it is divided into 10 apartments, 8 of which are located inside the fortress and 2 in an adjacent building. In the basement there is a dining room with a professional kitchen. There are also spaces for reception, laundry and storage. The total area is approximately 1,200 square meters. The splendid garden measures 4,500 sqm, and here we find a 15x7.5 meter swimming pool and a tennis court. Outside the garden, there is more land owned, a vineyard, an olive grove with 120 olive trees, and arable land, all for a further total of 2.3 hectares. Methane gas heating system, there are 11 boilers that make each apartment independent from a thermal point of view. The air conditioning system is present only in some of the apartments. As for the water supply, in addition to the municipal aqueduct, there is a well and a 60 cubic meter rainwater collection tank. Classic finishes, brick floors, wooden floors and terracotta tiles. The windows are double glazed larch wood. The attics are partly brick and partly wooden vaults. The roof was insulated with 6 cm insulation. The state of maintenance is optimal. The current destination is a tourist accommodation facility. Located in the countryside, but not isolated, just 10 minutes by car from the cities of Perugia and Lake Trasimeno.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. No constraints.
Located in the Umbrian countryside, between the cities of Perugia and Lake Trasimeno, the property was completely restored in the early 1990's and still retains all its ancient charm. Currently used as an accommodation facility, it is divided into 10 apartments, 8 of which are located inside the fortress and 2 in an adjacent building. In the basement there is a dining room with a professional kitchen. There are also spaces for reception, laundry and storage. The total area is approximately 1,200 square meters. The splendid garden measures 4,500 sqm, and here we find a 15x7.5 meter swimming pool and a tennis court. Outside the garden, there is more land owned, a vineyard, an olive grove with 120 olive trees, and arable land, all for a further total of 2.3 hectares. Methane gas heating system, there are 11 boilers that make each apartment independent from a thermal point of view. The air conditioning system is present only in some of the apartments. As for the water supply, in addition to the municipal aqueduct, there is a well and a 60 cubic meter rainwater collection tank. Classic finishes, brick floors, wooden floors and terracotta tiles. The windows are double glazed larch wood. The attics are partly brick and partly wooden vaults. The roof was insulated with 6 cm insulation. The state of maintenance is optimal. The current destination is a tourist accommodation facility. Located in the countryside, but not isolated, just 10 minutes by car from the cities of Perugia and Lake Trasimeno.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. No constraints.
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Currency Exchange
Corciano, 84, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
Corciano, 84, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
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 £46,710 more.
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