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Apartment in Tuscany
Cortona, 856, Italy
REF: 740996
€265,000
Description
A very cosy flat and part of an old monastery that in 2005 was converted into a residence of some 30 flats, plus a park and communal swimming pool. It is located in a very prestigious area and only 4 km from Cortona in a very quiet location but close to amenities. The flat is in excellent condition and furnished in typical Tuscan style. It is located on the first floor and is accessed via a staircase leading to a common balcony overlooking a charming courtyard with beautiful arches. Through a French window you enter the living room which is communicating with the kitchen, through a small hallway you access two double bedrooms and two bathrooms (one en-suite). The flat is sold fully furnished. Also part of the property is a private parking space, located inside the fence of the residence which can be accessed through an automatic gate.All services are connected to the residence, each unit has an individual electricity meter.The flat is in excellent condition, and very well maintained. The entire complex was renovated in 2005.Excellent as a holiday flat or for income in the touristic rental.A 5-minute drive from the picturesque town of Cortona.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.
A very cosy flat and part of an old monastery that in 2005 was converted into a residence of some 30 flats, plus a park and communal swimming pool. It is located in a very prestigious area and only 4 km from Cortona in a very quiet location but close to amenities. The flat is in excellent condition and furnished in typical Tuscan style. It is located on the first floor and is accessed via a staircase leading to a common balcony overlooking a charming courtyard with beautiful arches. Through a French window you enter the living room which is communicating with the kitchen, through a small hallway you access two double bedrooms and two bathrooms (one en-suite). The flat is sold fully furnished. Also part of the property is a private parking space, located inside the fence of the residence which can be accessed through an automatic gate.All services are connected to the residence, each unit has an individual electricity meter.The flat is in excellent condition, and very well maintained. The entire complex was renovated in 2005.Excellent as a holiday flat or for income in the touristic rental.A 5-minute drive from the picturesque town of Cortona.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
Cortona, 856, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £227,754 | £9,421 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,421 |
Cortona, 856, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £227,754 | £9,421 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £227,754 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,421 |
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 £9,421 more.
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