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Farmhouse-rustico in Tuscany
Castellina in Chianti, 85, Italy
REF: 720753
€1,200,000
Description
This farmhouse, dating back to around 1750, covers an area of about 500sqm on two levels and consists of 12 bedrooms with 12 bathrooms, 5 kitchens, 6 living room, utility room and storage. The building boasts the typical Tuscan elements, like stone external facades, plastered internal walls (with exposed stone in some areas), brick vaults, cotto pavements and ceilings with wooden beams and tiles. The property is surrounded by about 4.000sqm of garden with relaxation area and swimming pool of 10x5m. The property is provided with the necessary utilities, including electricity, telephone and heating system fuelled by LPG. The farmhouse was completed in 2013, with great quality finishing and extreme care for the details in accordance with the local tradition.Nowadays the property is used as a beautiful and comfortable B&B, but it could also be partially or totally turned into a private residence.The property is located just a few kilometres away from the highway, with which you can reach Siena in 20 minutes and Florence with its airport in 40 minutes. The seaside is reachable in one hour.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.
This farmhouse, dating back to around 1750, covers an area of about 500sqm on two levels and consists of 12 bedrooms with 12 bathrooms, 5 kitchens, 6 living room, utility room and storage. The building boasts the typical Tuscan elements, like stone external facades, plastered internal walls (with exposed stone in some areas), brick vaults, cotto pavements and ceilings with wooden beams and tiles. The property is surrounded by about 4.000sqm of garden with relaxation area and swimming pool of 10x5m. The property is provided with the necessary utilities, including electricity, telephone and heating system fuelled by LPG. The farmhouse was completed in 2013, with great quality finishing and extreme care for the details in accordance with the local tradition.Nowadays the property is used as a beautiful and comfortable B&B, but it could also be partially or totally turned into a private residence.The property is located just a few kilometres away from the highway, with which you can reach Siena in 20 minutes and Florence with its airport in 40 minutes. The seaside is reachable in one hour.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.
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Currency Exchange
Castellina in Chianti, 85, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Castellina in Chianti, 85, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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