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Cascina dell'Erro
ALESSANDRIA, PIEMONTE, Italy
REF: 837081
€320,000
Description
This charming stone farmhouse with 5 ha of land stands on the top of a hill and enjoys an open view of the valley and the neighbouring villages. The house consists of a kitchen, a dining room, 3 bedrooms, a bathroom, a large cellar and a storage room. All the residential rooms of the house are very large and very bright and have two windows on two sides of the house. In addition, there are two large rooms for storing tools and a barn. The construction is in stone, the external walls are currently plastered. The property certainly needs some renovation work, but it is habitable immediately, and spaces such as the tool shed and hayloft can be converted to extend the dwelling. Around 5 ha of land surround the house. The house enjoys complete privacy and tranquillity but is still convenient to the services of the spa town of Acqui terme, which is about 10 minutes away by car.
This charming stone farmhouse with 5 ha of land stands on the top of a hill and enjoys an open view of the valley and the neighbouring villages. The house consists of a kitchen, a dining room, 3 bedrooms, a bathroom, a large cellar and a storage room. All the residential rooms of the house are very large and very bright and have two windows on two sides of the house. In addition, there are two large rooms for storing tools and a barn. The construction is in stone, the external walls are currently plastered. The property certainly needs some renovation work, but it is habitable immediately, and spaces such as the tool shed and hayloft can be converted to extend the dwelling. Around 5 ha of land surround the house. The house enjoys complete privacy and tranquillity but is still convenient to the services of the spa town of Acqui terme, which is about 10 minutes away by car.
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Currency Exchange
ALESSANDRIA, PIEMONTE, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
ALESSANDRIA, PIEMONTE, 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 €320,000 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 |
|---|---|---|---|
| €320,000 | £263,648 | £275,024 | £11,376 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £263,648 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,376 |
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 £11,376 more.
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