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Apartment in Umbria
Orvieto, 84, Italy
REF: 840882
€630,000
Description
La dimora degli affreschi is a prestigious apartment on the second floor of a building in the historic center of Orvieto. Renovated in 2023, the property is composed of a large entrance-corridor that connects all the rooms, a kitchen, a living room, a study/living room, a bathroom with shower, 2 double bedrooms with ensuite bathrooms, one of which with shower and the another with bathtub. The apartment is spread over a total of approximately 171 walkable square meters divided in a rational and functional manner. In addition to the 250 sqm of commercial space in the apartment, the property also includes approximately 186 net sqm of unfinished attic with arrangements, of which approximately 87 sqm are usable with heights of up to 190 cm and the laundry room located on the lower floor of approximately 8 net sqm. The property is equipped with an independent methane heating system. The main utilities are present and functioning; the house is equipped with a centralized vacuum system.Renovated in 2023, the property shows itself in all its splendor. Exposed on three sides, the property is bright and welcoming. The floors are made of oak, the window frames are made of wood and double glazing, with screens. The main feature is the splendid frescoes present in almost every room. The recovered ancient doors are also of considerable value.Given the large spaces and the level of finishes, the property is ideal both as a main residence and as a representative residence. The potential for the luxury rentals sector is interesting.The apartment is located in the historic center of Orvieto, near the main square of the city. The A1 motorway is about 5 km from the historic centre, as is the train station. The city is full of amenities and cultural activities at any time of the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is an ideal place to live and from which to discover the wonderful surrounding area.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.
La dimora degli affreschi is a prestigious apartment on the second floor of a building in the historic center of Orvieto. Renovated in 2023, the property is composed of a large entrance-corridor that connects all the rooms, a kitchen, a living room, a study/living room, a bathroom with shower, 2 double bedrooms with ensuite bathrooms, one of which with shower and the another with bathtub. The apartment is spread over a total of approximately 171 walkable square meters divided in a rational and functional manner. In addition to the 250 sqm of commercial space in the apartment, the property also includes approximately 186 net sqm of unfinished attic with arrangements, of which approximately 87 sqm are usable with heights of up to 190 cm and the laundry room located on the lower floor of approximately 8 net sqm. The property is equipped with an independent methane heating system. The main utilities are present and functioning; the house is equipped with a centralized vacuum system.Renovated in 2023, the property shows itself in all its splendor. Exposed on three sides, the property is bright and welcoming. The floors are made of oak, the window frames are made of wood and double glazing, with screens. The main feature is the splendid frescoes present in almost every room. The recovered ancient doors are also of considerable value.Given the large spaces and the level of finishes, the property is ideal both as a main residence and as a representative residence. The potential for the luxury rentals sector is interesting.The apartment is located in the historic center of Orvieto, near the main square of the city. The A1 motorway is about 5 km from the historic centre, as is the train station. The city is full of amenities and cultural activities at any time of the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is an ideal place to live and from which to discover the wonderful surrounding area.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.
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Currency Exchange
Orvieto, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £521,835 | £541,454 | £19,618 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £521,835 |
| Maximum cost in the last six months | £541,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,618 |
Orvieto, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £521,835 | £541,454 | £19,618 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £521,835 |
| Maximum cost in the last six months | £541,454 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,618 |
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 £19,618 more.
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