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Apartment in Tuscany
Monte Argentario, 888, Italy
REF: 788577
€350,000
Description
The property is on one level and consists of a large living room, an eat-in kitchen, three large bedrooms and two bathrooms. From the living area there is access to a large terrace, which lends itself to being lived in during the warmer months. Two of the rooms also have access to an internal courtyard. Two private parking spaces are included in the sale.The property is connected to the municipal waterworks. For heating there is currently a fireplace.The property is in good condition, but needs some work to make it more modern.The exclusive location and the rationality of the rooms make this property a beautiful flat, ideal both to be used as a first home and as a second home to spend one's holidays in one of the most beautiful and sought-after places in Tuscany, also being able to take advantage of the possibility of tourist rentals.Porto Santo Stefano, Monte Argentario.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 status of the property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of a natural person(s) and the sale will be subject to registration tax in accordance with the regulations in force (see private purchase costs).
The property is on one level and consists of a large living room, an eat-in kitchen, three large bedrooms and two bathrooms. From the living area there is access to a large terrace, which lends itself to being lived in during the warmer months. Two of the rooms also have access to an internal courtyard. Two private parking spaces are included in the sale.The property is connected to the municipal waterworks. For heating there is currently a fireplace.The property is in good condition, but needs some work to make it more modern.The exclusive location and the rationality of the rooms make this property a beautiful flat, ideal both to be used as a first home and as a second home to spend one's holidays in one of the most beautiful and sought-after places in Tuscany, also being able to take advantage of the possibility of tourist rentals.Porto Santo Stefano, Monte Argentario.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 status of the property. This due diligence may be requested by the client at the time of a real interest in the property.The property is registered in the name of a natural person(s) and the sale will be subject to registration tax in accordance with the regulations in force (see private purchase costs).
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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 €350,000 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 |
|---|---|---|---|
| €350,000 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
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 £10,059 more.
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