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Farmhouse-rustico in Tuscany
Cortona, 856, Italy
REF: 843576
€520,000
Description
Country house to renovate of 200 sqm, with approximately 1.5 hectares of land and breathtaking views in Cortona. At a short distance from the romantic town of Cortona, we find for sale this charming country house to renovate of approximately 200 sqm. The property offers breathtaking views of the surrounding countryside and is currently divided into 2 levels, composed as follows:On the ground floor, there is a woodshed, a cellar, three rooms currently used for storage, and a bathroom.On the first floor, there is a kitchen, a bedroom, a studio, a spacious living area with large windows that perfectly frame the panorama, and a terrace.Externally, the property is surrounded by 1.5 hectares of land with an olive grove and wooded area. The heating system is currently absent, while water supply is provided by a private well.The property, has ancient origin and it is currently in need of renovation, offering the opportunity to personalize the spaces and finishes.The country house could be used both as a private residence and as a property to be included in the rental market.The nearest town with all necessary services is about 4 km away (5 minutes).Cortona 4 km (10 minutes), Castiglion Fiorentino 10 km (15 minutes), Arezzo 30 km (40 minutes), Lake Trasimeno 20 km (30 minutes).The nearest airport is Perugia Airport 60 km (50 minutes).Florence Airport 115 km (1 hour and 30 minutes), Rome Airport 230 km (2 hours and 30 minutes), Pisa Airport 180 km (2 hours and 10 minutes).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.
Country house to renovate of 200 sqm, with approximately 1.5 hectares of land and breathtaking views in Cortona. At a short distance from the romantic town of Cortona, we find for sale this charming country house to renovate of approximately 200 sqm. The property offers breathtaking views of the surrounding countryside and is currently divided into 2 levels, composed as follows:On the ground floor, there is a woodshed, a cellar, three rooms currently used for storage, and a bathroom.On the first floor, there is a kitchen, a bedroom, a studio, a spacious living area with large windows that perfectly frame the panorama, and a terrace.Externally, the property is surrounded by 1.5 hectares of land with an olive grove and wooded area. The heating system is currently absent, while water supply is provided by a private well.The property, has ancient origin and it is currently in need of renovation, offering the opportunity to personalize the spaces and finishes.The country house could be used both as a private residence and as a property to be included in the rental market.The nearest town with all necessary services is about 4 km away (5 minutes).Cortona 4 km (10 minutes), Castiglion Fiorentino 10 km (15 minutes), Arezzo 30 km (40 minutes), Lake Trasimeno 20 km (30 minutes).The nearest airport is Perugia Airport 60 km (50 minutes).Florence Airport 115 km (1 hour and 30 minutes), Rome Airport 230 km (2 hours and 30 minutes), Pisa Airport 180 km (2 hours and 10 minutes).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
Cortona, 856, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
Cortona, 856, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £428,428 | £446,914 | £18,486 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £428,428 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,486 |
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 £18,486 more.
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