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Farmhouse-rustico in Umbria
Montegabbione, 84, Italy
REF: 814814
€350,000
Description
The building on four levels is as follows: the basement measures 78 square meters; the basement above measures 298 square meters; the ground floor 182 square meters and the first floor 157 square meters; the internal courtyard is 25 square meters; the garden is 650 square meters. Some rooms have undergone renovation in the last century and therefore there are plaster and tile floors that can be removed. The beautiful arches and ribbed vaults remain. The building materials see a large presence of local stone and red bricks.The utilities can be activated quickly as the property is in the historic center. Electricity, aqueduct, methane gas and 800 mbs fiber internet. The property needs to be renovated with the help of an excellent architectural firm. The potential of the property is manifold, in fact it is possible to design an accommodation facility, a prestigious residence, a restaurant or an art gallery.The property is located in the historic center of Montegabbione. All the main services are present. Motorway and train station are 10 kilometers away.The Great Estate group carries out a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the customer at the time of a real interest in the property.
The building on four levels is as follows: the basement measures 78 square meters; the basement above measures 298 square meters; the ground floor 182 square meters and the first floor 157 square meters; the internal courtyard is 25 square meters; the garden is 650 square meters. Some rooms have undergone renovation in the last century and therefore there are plaster and tile floors that can be removed. The beautiful arches and ribbed vaults remain. The building materials see a large presence of local stone and red bricks.The utilities can be activated quickly as the property is in the historic center. Electricity, aqueduct, methane gas and 800 mbs fiber internet. The property needs to be renovated with the help of an excellent architectural firm. The potential of the property is manifold, in fact it is possible to design an accommodation facility, a prestigious residence, a restaurant or an art gallery.The property is located in the historic center of Montegabbione. All the main services are present. Motorway and train station are 10 kilometers away.The Great Estate group carries out a technical due diligence on each property acquired, through the seller's technician, which allows us to know in detail the urban and cadastral status of the property. This due diligence may be requested by the customer at the time of a real interest in the property.
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Currency Exchange
Montegabbione, 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 €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 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
Montegabbione, 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 €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 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
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 £10,899 more.
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