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Farmhouse-rustico in Tuscany
Magliano in Toscana, 888, Italy
REF: 720767
€745,000
Description
Il Poderone in Tuscany is a historic accommodation business in the area. Inside the building, there is a restaurant and a bar, all surrounded by a park of over 1 hectare. The main building dates back to the 1970s and over time various extensions have been made to meet the needs of the business. The property is equipped with various licences that can be sold together with the property but which are not part of the asking price.All utilities are present and functioning with the relevant certifications.The facility is fully functional and in operation but definitely needs a technical upgrade.The property lends itself perfectly to being used as a medium/high-level tourist accommodation and wedding venue.The property is located halfway between Grosseto and Albinia, and enjoys a wonderful view of the sea. There is no white road.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.
Il Poderone in Tuscany is a historic accommodation business in the area. Inside the building, there is a restaurant and a bar, all surrounded by a park of over 1 hectare. The main building dates back to the 1970s and over time various extensions have been made to meet the needs of the business. The property is equipped with various licences that can be sold together with the property but which are not part of the asking price.All utilities are present and functioning with the relevant certifications.The facility is fully functional and in operation but definitely needs a technical upgrade.The property lends itself perfectly to being used as a medium/high-level tourist accommodation and wedding venue.The property is located halfway between Grosseto and Albinia, and enjoys a wonderful view of the sea. There is no white road.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
Magliano in Toscana, 888, 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 €745,000 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 |
|---|---|---|---|
| €745,000 | £617,091 | £640,290 | £23,199 |
| Property Price € | €745,000 |
| Minimum cost in the last six months | £617,091 |
| Maximum cost in the last six months | £640,290 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,199 |
Magliano in Toscana, 888, 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 €745,000 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 |
|---|---|---|---|
| €745,000 | £617,091 | £640,290 | £23,199 |
| Property Price € | €745,000 |
| Minimum cost in the last six months | £617,091 |
| Maximum cost in the last six months | £640,290 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,199 |
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 £23,199 more.
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