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2 bedrooms country house/farmhouse
Fosciandora (Lucca), Tuscany, Italy
REF: 758285
€69,000
Description
Town building with garden ||| Fosciandora, Garfagnana, Lucca. The building, located in the village of Fosciandora, a stone's throw from the market town of Castelnuovo Garfagnana. The property is set on three levels and consists of two units with a garden area of ? circa 160m2 in total ; The property is accessed via the ground floor, where there is an external space shared between the two units and an entrance loggia; at this level there are spaces used as cellars. Going up to the first floor, via the internal stairwell, we find several unfinished rooms; renovation work was started for this part of the building but was never completed; Second floor; is accessed via the shared stairwell, the apartment is completely renovated and consists of kitchen/dining room with fireplace and arched windows that have a lovely view of the valley, hallway, two bedrooms and bath. The property is accompanied by a large garden.
Town building with garden ||| Fosciandora, Garfagnana, Lucca. The building, located in the village of Fosciandora, a stone's throw from the market town of Castelnuovo Garfagnana. The property is set on three levels and consists of two units with a garden area of ? circa 160m2 in total ; The property is accessed via the ground floor, where there is an external space shared between the two units and an entrance loggia; at this level there are spaces used as cellars. Going up to the first floor, via the internal stairwell, we find several unfinished rooms; renovation work was started for this part of the building but was never completed; Second floor; is accessed via the shared stairwell, the apartment is completely renovated and consists of kitchen/dining room with fireplace and arched windows that have a lovely view of the valley, hallway, two bedrooms and bath. The property is accompanied by a large garden.
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Currency Exchange
Fosciandora (Lucca), Tuscany, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £56,849 | £59,302 | £2,453 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £56,849 |
| Maximum cost in the last six months | £59,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,453 |
Fosciandora (Lucca), Tuscany, 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 €69,000 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 |
|---|---|---|---|
| €69,000 | £56,849 | £59,302 | £2,453 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £56,849 |
| Maximum cost in the last six months | £59,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,453 |
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 £2,453 more.
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