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Farmhouse-rustico in Tuscany
Monte Argentario, 888, Italy
REF: 730890
€450,000
Description
The project involves the renovation of a house of approximately 70 m2, consisting of a living room and kitchen, 2 bedrooms, 2 bathrooms and a large patio, as well as various outdoor areas and a large terraced garden of approximately 5,000 m2 with a beautiful sea view, perfect for summer living and entertaining. All licences and permits are in place and at this stage it is still possible to modify the project according to individual requirements.Utilities are all present within the property, but it is necessary to connect all the mains. The property requires a full renovation. The exclusive location along the panoramic drive of Monte Argentario and the potentials to convert the buildings into residential units, make this property a great investment, ideal for use as a holiday home in one of the most beautiful areas of Tuscany. There is also the potential for it to be a holiday rental property. Monte Argentario, one of the most beautiful coastal towns of Tuscany, is accessed from a scenic drive from Porto Santo Stefano. From the plot of land you can enjoy a wonderful foreground view of the island of Giglio. Monte Argentario is very well served by the railway station of Orbetello, and very well connected to the Roma Fiumicino International Airport which is less than an hour and 30 min driving distance. Under verification The property is privately owned.
The project involves the renovation of a house of approximately 70 m2, consisting of a living room and kitchen, 2 bedrooms, 2 bathrooms and a large patio, as well as various outdoor areas and a large terraced garden of approximately 5,000 m2 with a beautiful sea view, perfect for summer living and entertaining. All licences and permits are in place and at this stage it is still possible to modify the project according to individual requirements.Utilities are all present within the property, but it is necessary to connect all the mains. The property requires a full renovation. The exclusive location along the panoramic drive of Monte Argentario and the potentials to convert the buildings into residential units, make this property a great investment, ideal for use as a holiday home in one of the most beautiful areas of Tuscany. There is also the potential for it to be a holiday rental property. Monte Argentario, one of the most beautiful coastal towns of Tuscany, is accessed from a scenic drive from Porto Santo Stefano. From the plot of land you can enjoy a wonderful foreground view of the island of Giglio. Monte Argentario is very well served by the railway station of Orbetello, and very well connected to the Roma Fiumicino International Airport which is less than an hour and 30 min driving distance. Under verification The property is privately owned.
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Currency Exchange
Monte Argentario, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Monte Argentario, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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