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Casa Britta - Santa Flavia If you are looking for a small investment in Sicily, Casa Britta is for you
Santa Flavia, Palermo, Italy
REF: 848530
€138,000
Description
Casa Britta - Santa Flavia If you are looking for a small investment in Sicily, Casa Britta is for you. The Property This is an independent apartment. It consists of a double bedroom, a living room with sofa bed, kitchen and a bathroom with shower. It is located on the second floor of a very quiet building that , in addition to a balcony, has a large terrace with an outdoor kitchen and a beautiful sea view. Casa Britta was totally renovated in 2022 bringing the entire building to a very high energy class, class A. Among the most important interventions are the implementation of an independent gas heating system, air conditioning in every room and thermal insulation throughout the building. Of course, all bathrooms have been renovated, all walls plastered, floors redone and all fixtures changed. The apartment is furnished and can be lived in immediately. It measures about 40sqm plus terrace and balconies. Surroundings Santa Flavia is a small and authentic place in the province of Palermo. The location of the house is very strategic, it is located within walking distance from Santa Flavia station, several restaurants, bars and supermarkets. Only 10 minutes walk you can reach Porticello, the seaside area of Santa Flavia, here you can also find beaches where you can sunbathe and have a nice swim. Potential This apartment is a first-class investment. After renovation all the apartments have been rented out for short to medium periods as vacation homes generating about 25,000 in income each year, so the houses are sold fully furnished and equipped with all accessories.
Casa Britta - Santa Flavia If you are looking for a small investment in Sicily, Casa Britta is for you. The Property This is an independent apartment. It consists of a double bedroom, a living room with sofa bed, kitchen and a bathroom with shower. It is located on the second floor of a very quiet building that , in addition to a balcony, has a large terrace with an outdoor kitchen and a beautiful sea view. Casa Britta was totally renovated in 2022 bringing the entire building to a very high energy class, class A. Among the most important interventions are the implementation of an independent gas heating system, air conditioning in every room and thermal insulation throughout the building. Of course, all bathrooms have been renovated, all walls plastered, floors redone and all fixtures changed. The apartment is furnished and can be lived in immediately. It measures about 40sqm plus terrace and balconies. Surroundings Santa Flavia is a small and authentic place in the province of Palermo. The location of the house is very strategic, it is located within walking distance from Santa Flavia station, several restaurants, bars and supermarkets. Only 10 minutes walk you can reach Porticello, the seaside area of Santa Flavia, here you can also find beaches where you can sunbathe and have a nice swim. Potential This apartment is a first-class investment. After renovation all the apartments have been rented out for short to medium periods as vacation homes generating about 25,000 in income each year, so the houses are sold fully furnished and equipped with all accessories.
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Currency Exchange
Santa Flavia, Palermo, 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 €138,000 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 |
|---|---|---|---|
| €138,000 | £114,799 | £119,033 | £4,234 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £114,799 |
| Maximum cost in the last six months | £119,033 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,234 |
Santa Flavia, Palermo, 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 €138,000 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 |
|---|---|---|---|
| €138,000 | £114,799 | £119,033 | £4,234 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £114,799 |
| Maximum cost in the last six months | £119,033 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,234 |
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 £4,234 more.
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