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Farmhouse-rustico in Umbria
Panicale, 84, Italy
REF: 817258
€195,000
Description
Il Fienile is spread on two levels plus an attic floor for a total of 156 sqm. On the ground floor there is a kitchen, a living room and a room used as a cellar; on the first floor there is a second living area, two double bedrooms and a bathroom; finally, on the second and last floor there is a bedroom with a bathroom. The private land covers an area of approximately 2,800 sqm and includes an agricultural annex of approximately 100 sqm with an approved project to be restored and converted into a residential unit, as well as the possibility of building a swimming pool. The property is sold semi-furnished.The water supply is ensured by connection to the municipal waterworks and a well. The heating system is powered by a wood-burning stove and a second pellet stove. Domestic hot water is produced through a boiler powered by electricity.The property has been completely restored in 2022. The floors are in gres tiles, the ceilings are in wood and brick, and the window frames are wooden and double-glazed .The property, given its location and recent renovation, can be used either as a first or second home.Located in the countryside, not isolated, and easily accessible.The Great Estate group carries out, through the seller's technician, a technical due diligence on each property that allows us to know in detail the urban and cadastral situation. This due diligence may be requested by the client at the time of a real interest in the property.No restrictions.
Il Fienile is spread on two levels plus an attic floor for a total of 156 sqm. On the ground floor there is a kitchen, a living room and a room used as a cellar; on the first floor there is a second living area, two double bedrooms and a bathroom; finally, on the second and last floor there is a bedroom with a bathroom. The private land covers an area of approximately 2,800 sqm and includes an agricultural annex of approximately 100 sqm with an approved project to be restored and converted into a residential unit, as well as the possibility of building a swimming pool. The property is sold semi-furnished.The water supply is ensured by connection to the municipal waterworks and a well. The heating system is powered by a wood-burning stove and a second pellet stove. Domestic hot water is produced through a boiler powered by electricity.The property has been completely restored in 2022. The floors are in gres tiles, the ceilings are in wood and brick, and the window frames are wooden and double-glazed .The property, given its location and recent renovation, can be used either as a first or second home.Located in the countryside, not isolated, and easily accessible.The Great Estate group carries out, through the seller's technician, a technical due diligence on each property that allows us to know in detail the urban and cadastral situation. This due diligence may be requested by the client at the time of a real interest in the property.No restrictions.
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Currency Exchange
Panicale, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £161,520 | £167,593 | £6,072 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £161,520 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,072 |
Panicale, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £161,520 | £167,593 | £6,072 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £161,520 |
| Maximum cost in the last six months | £167,593 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,072 |
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 £6,072 more.
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