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Farmhouse-rustico in Umbria
Montegabbione, 84, Italy
REF: 827343
€240,000
Description
Located on a hill, the farmhouse enjoys a panoramic view that extends to the surrounding valleys, promising unforgettable sunsets and direct contact with nature. Although it is currently a ruin, the farmhouse contains a soul and a history that are waiting to be rediscovered and enhanced through careful restoration also thanks to the possibility of collaborating with our professional studios and creating a project suited to your needs. The main farmhouse is approximately 150 sqm, followed by various annexes to be exploited for a total surface area of ??approximately 300 sqm. The property includes 13 hectares of fertile land, perfect for organic farming, vineyards or animal husbandry, offering fertile ground for a sustainable agricultural enterprise with the option to purchase additional land.At the moment the property has no utilities but they can be activated at the time of the renovation.The property needs to be renovated with the help of an excellent architectural firm. The structure has much potential thanks to the land that surrounds it, you can create a farm, a prestigious residence or an accommodation facility.The property is 1 km away from the town center and about 7 km from the A1 motorway.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.All details and technical data indicated in the published descriptions were provided in good faith following an inspection and on the basis of available documentation. We assume no responsibility for any inaccuracies.
Located on a hill, the farmhouse enjoys a panoramic view that extends to the surrounding valleys, promising unforgettable sunsets and direct contact with nature. Although it is currently a ruin, the farmhouse contains a soul and a history that are waiting to be rediscovered and enhanced through careful restoration also thanks to the possibility of collaborating with our professional studios and creating a project suited to your needs. The main farmhouse is approximately 150 sqm, followed by various annexes to be exploited for a total surface area of ??approximately 300 sqm. The property includes 13 hectares of fertile land, perfect for organic farming, vineyards or animal husbandry, offering fertile ground for a sustainable agricultural enterprise with the option to purchase additional land.At the moment the property has no utilities but they can be activated at the time of the renovation.The property needs to be renovated with the help of an excellent architectural firm. The structure has much potential thanks to the land that surrounds it, you can create a farm, a prestigious residence or an accommodation facility.The property is 1 km away from the town center and about 7 km from the A1 motorway.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.All details and technical data indicated in the published descriptions were provided in good faith following an inspection and on the basis of available documentation. We assume no responsibility for any inaccuracies.
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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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
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 €240,000 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 |
|---|---|---|---|
| €240,000 | £198,794 | £206,268 | £7,474 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £198,794 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,474 |
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 £7,474 more.
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