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Castle-hamlet in Umbria
Todi, 84, Italy
REF: 836299
€790,000
Description
In one of the suggestive hills surrounding Todi, in an extraordinarily panoramic position overlooking the beautiful Todino village, stands the Castle of Ficareto, which historically was under the influence of the Papal State, as demonstrated by the traces of apostolic visits, and which It is also notable for having been the site of a hospital dedicated to Saint Francis since 1322. The castle is surrounded by a park to be restored and woodland for a total of approximately 14.50.00. Possibility to purchase arable land below. The utilities reach the property.The castle needs to be completely renovated.The entire castle lends itself perfectly for tourist accommodations, aimed at the redevelopment of an entire urban area of ??great historical and cultural importance. The possibility of creating suites, apartments of the highest level to be placed in the flourishing and profitable rental market, would cover the needs of a large portion of the market. The idea of ??reviving the traditions and customs present in the past through historical re-enactments, dinners and excursions in the beautiful countryside surrounding the village is fascinating.Located in an uncontaminated landscape, 10 km away is the Perugia-Terni-Orte highway which allows you to quickly reach destinations such as Rome, Florence, Siena, Assisi, Lake Trasimeno, and other historical places. The train station is only a few km away. In Todi there are schools of all levels. 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 property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
In one of the suggestive hills surrounding Todi, in an extraordinarily panoramic position overlooking the beautiful Todino village, stands the Castle of Ficareto, which historically was under the influence of the Papal State, as demonstrated by the traces of apostolic visits, and which It is also notable for having been the site of a hospital dedicated to Saint Francis since 1322. The castle is surrounded by a park to be restored and woodland for a total of approximately 14.50.00. Possibility to purchase arable land below. The utilities reach the property.The castle needs to be completely renovated.The entire castle lends itself perfectly for tourist accommodations, aimed at the redevelopment of an entire urban area of ??great historical and cultural importance. The possibility of creating suites, apartments of the highest level to be placed in the flourishing and profitable rental market, would cover the needs of a large portion of the market. The idea of ??reviving the traditions and customs present in the past through historical re-enactments, dinners and excursions in the beautiful countryside surrounding the village is fascinating.Located in an uncontaminated landscape, 10 km away is the Perugia-Terni-Orte highway which allows you to quickly reach destinations such as Rome, Florence, Siena, Assisi, Lake Trasimeno, and other historical places. The train station is only a few km away. In Todi there are schools of all levels. 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 property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
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Currency Exchange
Todi, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £654,365 | £678,966 | £24,601 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £654,365 |
| Maximum cost in the last six months | £678,966 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,601 |
Todi, 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 €790,000 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 |
|---|---|---|---|
| €790,000 | £654,365 | £678,966 | £24,601 |
| Property Price € | €790,000 |
| Minimum cost in the last six months | £654,365 |
| Maximum cost in the last six months | £678,966 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,601 |
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 £24,601 more.
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