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2 bedrooms country house/farmhouse
Tereglio (Lucca), Tuscany, Italy
REF: 758295
€68,000
Description
Town house with balcony in Tereglio, Coreglia Antelminelli, Lucca. The property, is set on three levels for a total surface area of ??approximately 120 m2, is located in the characteristic village of Tereglio. You enter the ground floor, where we find a small entrance with the stairwell leading to the first floor. There is also access to two large cellar spaces, one of which also has direct access from the outside, while the other leads to a balcony where we find an wood-burning pizza oven in need of renovation. Going up to the first floor we find a large living room with fireplace and kitchen with access to the balcony. The second floor consists of a bright environment characterized by two large arched windows currently used as a bedroom, but ideal for creating a living/relaxation space, two bedrooms and a spacious bathroom. The property is in good condition, with a classic rustic style with terracotta floors and ceilings with exposed wooden beams, is equipped with a heating system and is immediately habitable.
Town house with balcony in Tereglio, Coreglia Antelminelli, Lucca. The property, is set on three levels for a total surface area of ??approximately 120 m2, is located in the characteristic village of Tereglio. You enter the ground floor, where we find a small entrance with the stairwell leading to the first floor. There is also access to two large cellar spaces, one of which also has direct access from the outside, while the other leads to a balcony where we find an wood-burning pizza oven in need of renovation. Going up to the first floor we find a large living room with fireplace and kitchen with access to the balcony. The second floor consists of a bright environment characterized by two large arched windows currently used as a bedroom, but ideal for creating a living/relaxation space, two bedrooms and a spacious bathroom. The property is in good condition, with a classic rustic style with terracotta floors and ceilings with exposed wooden beams, is equipped with a heating system and is immediately habitable.
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Currency Exchange
Tereglio (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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
Tereglio (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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
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 £2,118 more.
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