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Farmhouse-rustico in Umbria
San Venanzo, 84, Italy
REF: 807920
€1,400,000
Description
At the centre of the estate, there is the typical farmhouse, of about 300 net square meters, with 8 bedrooms with bathrooms, two of which are on the ground floor while the others are on the first floor. On the ground floor, we find a multipurpose lounge equipped with a fireplace, a kitchen, a service bathroom, and a dining room. The annexe is used as the company's kitchen and measures about 120 square meters, it is equipped for the preparation of jams and marmalades and can be used for other purposes related to food production. The land owned is approximately 125 hectares in which we find 5 hectares where different types of fruit trees have been planted, in another portion of land of approximately 20 hectares we find approximately 11,000 olive trees in production, some areas have been fenced for breeding of approximately 60 hectares in total. On the land, we also find a ground-mounted photovoltaic system for the production of 50 kWh, two ponds for irrigation and an excellent quality water source that supplies the main farmhouse.The estate is self-sufficient in both electricity production and water supply. LPG gas is purchased and used for heating, together with the wood-burning fireplace.The property is completely renovated and ready to be lived in or to be used for income. It is sold complete with the furnishings present today inside the buildings.The potential of the estate is certainly the commercial purpose for the sale of the products perhaps together with that of the educational farm as the spaces allow it and are partly equipped for this use.The property is located in a natural context of rare beauty, surrounded by its own land, it can be said that you are in a property that is a true natural reserve at your disposal.
At the centre of the estate, there is the typical farmhouse, of about 300 net square meters, with 8 bedrooms with bathrooms, two of which are on the ground floor while the others are on the first floor. On the ground floor, we find a multipurpose lounge equipped with a fireplace, a kitchen, a service bathroom, and a dining room. The annexe is used as the company's kitchen and measures about 120 square meters, it is equipped for the preparation of jams and marmalades and can be used for other purposes related to food production. The land owned is approximately 125 hectares in which we find 5 hectares where different types of fruit trees have been planted, in another portion of land of approximately 20 hectares we find approximately 11,000 olive trees in production, some areas have been fenced for breeding of approximately 60 hectares in total. On the land, we also find a ground-mounted photovoltaic system for the production of 50 kWh, two ponds for irrigation and an excellent quality water source that supplies the main farmhouse.The estate is self-sufficient in both electricity production and water supply. LPG gas is purchased and used for heating, together with the wood-burning fireplace.The property is completely renovated and ready to be lived in or to be used for income. It is sold complete with the furnishings present today inside the buildings.The potential of the estate is certainly the commercial purpose for the sale of the products perhaps together with that of the educational farm as the spaces allow it and are partly equipped for this use.The property is located in a natural context of rare beauty, surrounded by its own land, it can be said that you are in a property that is a true natural reserve at your disposal.
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Currency Exchange
San Venanzo, 84, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
San Venanzo, 84, 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 £43,596 more.
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