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Apartment in Tuscany
Isola del Giglio, 888, Italy
REF: 738995
€235,000
Description
At the entrance we are greeted by a large pentagonal hall, very bright. Three steps lead to the mezzanine floor, which consists of a hallway, double bedroom and bathroom. A second bathroom could be realised by redesigning the distribution of the hall and the hallway. The surface area of the house is approximately 75 sqm. In the back, with access from the kitchen and the bedroom, there is an exclusive courtyard of about 20 sqm, perfect for eating outside in the summer in an area that remains cool and shady. The house can be reached in a few minutes on foot.The heating is electric with heat pumps and air conditioning. On the island of Giannutri, everything is run through diesel generators. Hot water is provided by an electric boiler.The property is in a good state of repair, however it could be made more modern through some improvements.Excellent as a second home by the sea, in an oasis of absolute peace and tranquillity. Excellent opportunities for holiday rentals.Giannutri is a fascinating and special island. Part of the Tuscan Archipelago National Park, it is only 500 metres wide and 5 kilometres long. In winter, it is inhabited by about 20 people who enjoy the solitary life on this small paradise. There are no cars or paved roads, you only move around on foot.The Great Estate group on each property acquired carries out, through the seller client's technician, a technical due diligence that allows us to know in detail the urban and cadastral situation of each property. This due diligence may be requested by the client at the time of a real interest in the property.
At the entrance we are greeted by a large pentagonal hall, very bright. Three steps lead to the mezzanine floor, which consists of a hallway, double bedroom and bathroom. A second bathroom could be realised by redesigning the distribution of the hall and the hallway. The surface area of the house is approximately 75 sqm. In the back, with access from the kitchen and the bedroom, there is an exclusive courtyard of about 20 sqm, perfect for eating outside in the summer in an area that remains cool and shady. The house can be reached in a few minutes on foot.The heating is electric with heat pumps and air conditioning. On the island of Giannutri, everything is run through diesel generators. Hot water is provided by an electric boiler.The property is in a good state of repair, however it could be made more modern through some improvements.Excellent as a second home by the sea, in an oasis of absolute peace and tranquillity. Excellent opportunities for holiday rentals.Giannutri is a fascinating and special island. Part of the Tuscan Archipelago National Park, it is only 500 metres wide and 5 kilometres long. In winter, it is inhabited by about 20 people who enjoy the solitary life on this small paradise. There are no cars or paved roads, you only move around on foot.The Great Estate group on each property acquired carries out, through the seller client's technician, a technical due diligence that allows us to know in detail the urban and cadastral situation of each 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
Isola del Giglio, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £194,653 | £201,971 | £7,318 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £194,653 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,318 |
Isola del Giglio, 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 €235,000 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 |
|---|---|---|---|
| €235,000 | £194,653 | £201,971 | £7,318 |
| Property Price € | €235,000 |
| Minimum cost in the last six months | £194,653 |
| Maximum cost in the last six months | £201,971 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,318 |
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 £7,318 more.
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