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Luxury villa in Umbria
Castiglione del Lago, 84, Italy
REF: 720722
€350,000
Description
This delightful villa, located in the municipality of Castiglione del Lago, just a few steps away from the district of Villastrada, was built in 2007 with high quality materials. It covers an area of about 200sqm on two levels plus underground garage of 115sqm: at ground floor we have a bright living room, eat in kitchen with peninsula, 2 bedrooms, corridor and bathroom; on the first floor we find a third bedroom with bathroom and a large terrace of 43sqm with marvellous panoramic view of the surrounding countryside. We would like to highlight the presence of a vacuum system inserted in the baseboard and connected to a vacuum cleaner in the garage. The property includes a pergola of 40sqm and a completely fenced private garden of about 500sqm.The villa is provided with all the necessary utilities. The property was built in 2007 with the latest-generation building technologies and is in perfect conditions. In order to optimize the habitable space, the heating system is in the floor. Considering its easy management, this villa would be perfect as main residence. Being it located at the border between Umbria and Tuscany, it could be easily inserted into the vacation rentals market.The property is located in Villastrada, district of the municipality of Castiglione del Lago, which is a lovely town on the shores of the Lake Trasimeno, provided with all the amenities. The villa is about 2km away from the centre and, within 30-50 minutes, it is possible to reach many touristic centres, such as Cortona, Montepulciano, Chiusi, Perugia, Arezzo and Siena. Moreover, thanks to the A1 motorway, from Chiusi-Chianciano or Bettolle, it is possible to reach important cities like Rome or Florence.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
This delightful villa, located in the municipality of Castiglione del Lago, just a few steps away from the district of Villastrada, was built in 2007 with high quality materials. It covers an area of about 200sqm on two levels plus underground garage of 115sqm: at ground floor we have a bright living room, eat in kitchen with peninsula, 2 bedrooms, corridor and bathroom; on the first floor we find a third bedroom with bathroom and a large terrace of 43sqm with marvellous panoramic view of the surrounding countryside. We would like to highlight the presence of a vacuum system inserted in the baseboard and connected to a vacuum cleaner in the garage. The property includes a pergola of 40sqm and a completely fenced private garden of about 500sqm.The villa is provided with all the necessary utilities. The property was built in 2007 with the latest-generation building technologies and is in perfect conditions. In order to optimize the habitable space, the heating system is in the floor. Considering its easy management, this villa would be perfect as main residence. Being it located at the border between Umbria and Tuscany, it could be easily inserted into the vacation rentals market.The property is located in Villastrada, district of the municipality of Castiglione del Lago, which is a lovely town on the shores of the Lake Trasimeno, provided with all the amenities. The villa is about 2km away from the centre and, within 30-50 minutes, it is possible to reach many touristic centres, such as Cortona, Montepulciano, Chiusi, Perugia, Arezzo and Siena. Moreover, thanks to the A1 motorway, from Chiusi-Chianciano or Bettolle, it is possible to reach important cities like Rome or Florence.Great Estate Group, through the owner s specialist, draws up a due diligence on each property, which allows to perfectly know the urbanistic and cadastral situation of every property. The due diligence can be required in case of real interest in the property. The property is owned by private individuals and the purchase will be taxed according to the current laws.
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Currency Exchange
Castiglione del Lago, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
Castiglione del Lago, 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £288,365 | £300,808 | £12,443 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £288,365 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,443 |
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 £12,443 more.
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