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We walk through the districts of the Ispica countryside, where blades of grass lie prone to the constant blowing of the sea breeze, laden with swollen dewdrops in which the sun is reflected in the turquoise sky
Ragusa, Sicilia, Italy
REF: 727498
€120,000
Description
We walk through the districts of the Ispica countryside, where blades of grass lie prone to the constant blowing of the sea breeze, laden with swollen dewdrops in which the sun is reflected in the turquoise sky. The old farmhouse immediately evokes the idea of frugality, rusticity and the echo of a distant yet so incredibly familiar era. It is a marvel of absolute calm, in an infinite field, a reality in which one can laugh, joke, cry and love without anyone knowing. In other words, it is a place we could truly call our own. Today, however, the property is in a state of neglect, the garden is uncultivated and in need of replacement. But, equipped with the right vision, we immediately identify the main concept: do we salvage the two small houses that are there or do we demolish everything and salvage the volume? Either way, the imagination has a lot to feed on. A modern, contemporary villa in a minimalist style as well as a combination of tradition and modernity? A swimming pool or jacuzzi? Or a volleyball net hung between a palm and an oak tree? Or solar panels on a canopy to protect the car? A beautiful colonnade with climbing plants or an orchard, an olive grove, a citrus grove or... the ideas are endless, just like the potential of this rustic cottage nestled in its gigantic grounds that seem to be a fiefdom worthy of a medieval noble vassal. And so the proposal takes shape: a large plot of land of more than 12,000 square metres plus two buildings, the larger of which is partly used as a dwelling with a living area, two bedrooms, bathroom and storeroom, with a warehouse alongside, while the second building, of more modest dimensions, was certainly once used as an agricultural warehouse. Today we can think either of recovering the volume, or of renovating the existing buildings, changing or retaining, according to need, their function, for our first home, for holidays or as a property to be rented out to the delight of many tourists.
We walk through the districts of the Ispica countryside, where blades of grass lie prone to the constant blowing of the sea breeze, laden with swollen dewdrops in which the sun is reflected in the turquoise sky. The old farmhouse immediately evokes the idea of frugality, rusticity and the echo of a distant yet so incredibly familiar era. It is a marvel of absolute calm, in an infinite field, a reality in which one can laugh, joke, cry and love without anyone knowing. In other words, it is a place we could truly call our own. Today, however, the property is in a state of neglect, the garden is uncultivated and in need of replacement. But, equipped with the right vision, we immediately identify the main concept: do we salvage the two small houses that are there or do we demolish everything and salvage the volume? Either way, the imagination has a lot to feed on. A modern, contemporary villa in a minimalist style as well as a combination of tradition and modernity? A swimming pool or jacuzzi? Or a volleyball net hung between a palm and an oak tree? Or solar panels on a canopy to protect the car? A beautiful colonnade with climbing plants or an orchard, an olive grove, a citrus grove or... the ideas are endless, just like the potential of this rustic cottage nestled in its gigantic grounds that seem to be a fiefdom worthy of a medieval noble vassal. And so the proposal takes shape: a large plot of land of more than 12,000 square metres plus two buildings, the larger of which is partly used as a dwelling with a living area, two bedrooms, bathroom and storeroom, with a warehouse alongside, while the second building, of more modest dimensions, was certainly once used as an agricultural warehouse. Today we can think either of recovering the volume, or of renovating the existing buildings, changing or retaining, according to need, their function, for our first home, for holidays or as a property to be rented out to the delight of many tourists.
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Currency Exchange
Ragusa, Sicilia, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
Ragusa, Sicilia, 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 €120,000 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 |
|---|---|---|---|
| €120,000 | £99,397 | £103,134 | £3,737 |
| Property Price € | €120,000 |
| Minimum cost in the last six months | £99,397 |
| Maximum cost in the last six months | £103,134 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,737 |
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 £3,737 more.
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