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Immerse yourself in the captivating atmosphere of Taurisano, nestled in the enchanting region of Salento, in the province of Lecce
Lecce, Puglia, Italy
REF: 832812
€110,000
Description
Immerse yourself in the captivating atmosphere of Taurisano, nestled in the enchanting region of Salento, in the province of Lecce. With its ancient churches, rustic farms, and dry-stone constructions scattered across the surrounding countryside, this area is waiting to be explored. Presenting an exceptional property located in the heart of the historic center, strategically positioned to cater to the bustling summer tourism. Just a stone's throw away from the popular coastal destinations of Torre S. Giovanni, Gallipoli, and S. Maria di Leuca. This charming corner house directly overlooks Corso Umberto, one of the town's main thoroughfares, seamlessly blending into the surrounding architectural landscape of similarly sized buildings. Currently configured as a single apartment, the ground floor comprises a spacious studio, garage, multipurpose room, small bathroom, and cellar. However, it holds immense potential to be transformed into a lucrative commercial venture or an independent living space. Each room boasts generous proportions, ample natural light, and the option for independent access. Notable features include the ancient vaulted ceilings and a fireplace oven in the cellar, eagerly awaiting restoration to its former glory as the centerpiece of the home. Ascending the internal staircase to the first floor, we are greeted by a charming balcony offering three separate entrances to the apartment. This flexibility allows for customizable interior layouts to suit personal preferences. Noteworthy architectural elements include splendid star-patterned ceilings adorning three rooms, complemented by a diverse selection of vintage cement and granulated tile flooring. The current layout comprises a spacious master bedroom overlooking Corso Umberto, a cozy living room, dining area, compact kitchenette, second bedroom, and bathroom. Additionally, an inviting terrace on the opposite side of the main bedroom offers picturesque views of the nearby church dome. While this property undoubtedly requires refurbishment, it presents a quintessential example of local architecture, awaiting the creative vision of its new owner to transform it into a splendid and refined residence in the historic center. Furthermore, it holds promising potential as a lucrative investment for those considering a venture into the tourism sector. Come and explore this unique property, and let us know your thoughts.
Immerse yourself in the captivating atmosphere of Taurisano, nestled in the enchanting region of Salento, in the province of Lecce. With its ancient churches, rustic farms, and dry-stone constructions scattered across the surrounding countryside, this area is waiting to be explored. Presenting an exceptional property located in the heart of the historic center, strategically positioned to cater to the bustling summer tourism. Just a stone's throw away from the popular coastal destinations of Torre S. Giovanni, Gallipoli, and S. Maria di Leuca. This charming corner house directly overlooks Corso Umberto, one of the town's main thoroughfares, seamlessly blending into the surrounding architectural landscape of similarly sized buildings. Currently configured as a single apartment, the ground floor comprises a spacious studio, garage, multipurpose room, small bathroom, and cellar. However, it holds immense potential to be transformed into a lucrative commercial venture or an independent living space. Each room boasts generous proportions, ample natural light, and the option for independent access. Notable features include the ancient vaulted ceilings and a fireplace oven in the cellar, eagerly awaiting restoration to its former glory as the centerpiece of the home. Ascending the internal staircase to the first floor, we are greeted by a charming balcony offering three separate entrances to the apartment. This flexibility allows for customizable interior layouts to suit personal preferences. Noteworthy architectural elements include splendid star-patterned ceilings adorning three rooms, complemented by a diverse selection of vintage cement and granulated tile flooring. The current layout comprises a spacious master bedroom overlooking Corso Umberto, a cozy living room, dining area, compact kitchenette, second bedroom, and bathroom. Additionally, an inviting terrace on the opposite side of the main bedroom offers picturesque views of the nearby church dome. While this property undoubtedly requires refurbishment, it presents a quintessential example of local architecture, awaiting the creative vision of its new owner to transform it into a splendid and refined residence in the historic center. Furthermore, it holds promising potential as a lucrative investment for those considering a venture into the tourism sector. Come and explore this unique property, and let us know your thoughts.
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Currency Exchange
Lecce, Puglia, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £91,507 | £94,668 | £3,161 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £91,507 |
| Maximum cost in the last six months | £94,668 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,161 |
Lecce, Puglia, 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 €110,000 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 |
|---|---|---|---|
| €110,000 | £91,507 | £94,668 | £3,161 |
| Property Price € | €110,000 |
| Minimum cost in the last six months | £91,507 |
| Maximum cost in the last six months | £94,668 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,161 |
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 £3,161 more.
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