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Apartment in Umbria
Orvieto, 84, Italy
REF: 725075
€445,000
Description
The apartment is located on the second floor of an ancient building dating back to the first half of the 1500's, in the historic center of Orvieto. Bright, spacious and ready to move into, it has been completely renovated with a contemporary imprint. Upon entering you immediately find yourself in the large open space with living area, dining area and wood-burning fireplace, around which an open bookcase and wood storage area have been created. The kitchen overlooks this large room, inside which we find the utility room/laundry room. The living area leads to the sleeping area, where there is a first double bedroom, a bathroom with tub, another bedroom with a view over the roofs and surrounding hills, a bathroom with shower and the master bedroom with its 4 square meters overlooking the roofs of the city, in which to place a table and chairs to enjoy the view and the breeze or simply enjoy an outdoor breakfast. The property includes an inspectable attic of about 12 square meters.All the main utilities are up and running. The heating is natural gas, autonomous. The living area has a beautiful handcrafted terracotta floor, while the sleeping area features parquet floors. The windows are made of wood and double glass. Renovated in 2015, it has been designed to optimize space, also thanks to the presence of several built-in wardrobes, and thus have large and welcoming rooms.Ideal as a main residence, given its proximity to the parking lots and the large spaces. It is also an excellent solution as a second home and as an income in the tourist rental circuit. Casa Zefiro is located in the historic center of Orvieto, in a strategic position. Easily reachable from the A1 motorway exit and from the railway station, the Citt del Tufo is the ideal starting point from which to reach all the major and characteristic Umbrian and Tuscan villages. Civita di Bagnoregio (VT), the "dying city" is just 24 km away, while Lake Bolsena is about 27 km away. Centers such as Todi, Perugia and Assisi are about 1 hour away.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.
The apartment is located on the second floor of an ancient building dating back to the first half of the 1500's, in the historic center of Orvieto. Bright, spacious and ready to move into, it has been completely renovated with a contemporary imprint. Upon entering you immediately find yourself in the large open space with living area, dining area and wood-burning fireplace, around which an open bookcase and wood storage area have been created. The kitchen overlooks this large room, inside which we find the utility room/laundry room. The living area leads to the sleeping area, where there is a first double bedroom, a bathroom with tub, another bedroom with a view over the roofs and surrounding hills, a bathroom with shower and the master bedroom with its 4 square meters overlooking the roofs of the city, in which to place a table and chairs to enjoy the view and the breeze or simply enjoy an outdoor breakfast. The property includes an inspectable attic of about 12 square meters.All the main utilities are up and running. The heating is natural gas, autonomous. The living area has a beautiful handcrafted terracotta floor, while the sleeping area features parquet floors. The windows are made of wood and double glass. Renovated in 2015, it has been designed to optimize space, also thanks to the presence of several built-in wardrobes, and thus have large and welcoming rooms.Ideal as a main residence, given its proximity to the parking lots and the large spaces. It is also an excellent solution as a second home and as an income in the tourist rental circuit. Casa Zefiro is located in the historic center of Orvieto, in a strategic position. Easily reachable from the A1 motorway exit and from the railway station, the Citt del Tufo is the ideal starting point from which to reach all the major and characteristic Umbrian and Tuscan villages. Civita di Bagnoregio (VT), the "dying city" is just 24 km away, while Lake Bolsena is about 27 km away. Centers such as Todi, Perugia and Assisi are about 1 hour away.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
Orvieto, 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 €445,000 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 |
|---|---|---|---|
| €445,000 | £366,636 | £382,455 | £15,820 |
| Property Price € | €445,000 |
| Minimum cost in the last six months | £366,636 |
| Maximum cost in the last six months | £382,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,820 |
Orvieto, 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 €445,000 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 |
|---|---|---|---|
| €445,000 | £366,636 | £382,455 | £15,820 |
| Property Price € | €445,000 |
| Minimum cost in the last six months | £366,636 |
| Maximum cost in the last six months | £382,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,820 |
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 £15,820 more.
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