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Palazzo Sarrica - Collesano TWIN SEA-VIEW APARTMENTS IN COLLESANO
Collesano, Palermo, Italy
REF: 848554
€140,000
Description
Palazzo Sarrica - Collesano TWIN SEA-VIEW APARTMENTS IN COLLESANO; ONE READY TO MOVE INTO, THE OTHER FOR RENOVATION Comprising two apartments and two adjacent storage spaces, Palazzo Sarrica is a three storey property right at the heart of historic Collesano, in the Madonie Natural Park. Directly opposite one of the town's oldest churches and with the Norman castle in full view from the kitchen balcony, there is history and traditional Sicilian charm all around the characterful property. A RESTORED APARTMENT WITH SPECTACULAR VIEWS The main apartment is split between three floors, with a single reception room on each of the first two. The top floor is much larger, with two bedrooms, a dining room and kitchen. Four well-sized balconies are divided between the first and second floors, and those to the side of the palazzo offer a beautiful view of the surrounding town, countryside, and the blue Tyrrhenian Sea in the middle distance, just 10km away to the north west. This space is recently renovated and well-presented, with certified electrical circuits and plumbing. The windows are in wood, with double-glazing, and a combination or gas radiators and heat-pump air conditioning units keep the space comfortable all year round. With morning sunshine at the front of the property and unforgettable sunsets on display from the rear, this would be a beautiful spot in which to make a home in the sun. A RESTORATION PROJECT IN A BEAUTIFUL LOCATION The smaller apartment is in need of a full restoration. In good structural condition, it will however need new plastering, ceilings, windows, wiring and pipes. This is a smaller space, but still offers two bedrooms, a living room and room to create your own kitchen. Once the restoration is complete, the smaller apartment could be re-sold, leased as a holiday home or even integrated into the larger apartment to create a single, spacious family home.
Palazzo Sarrica - Collesano TWIN SEA-VIEW APARTMENTS IN COLLESANO; ONE READY TO MOVE INTO, THE OTHER FOR RENOVATION Comprising two apartments and two adjacent storage spaces, Palazzo Sarrica is a three storey property right at the heart of historic Collesano, in the Madonie Natural Park. Directly opposite one of the town's oldest churches and with the Norman castle in full view from the kitchen balcony, there is history and traditional Sicilian charm all around the characterful property. A RESTORED APARTMENT WITH SPECTACULAR VIEWS The main apartment is split between three floors, with a single reception room on each of the first two. The top floor is much larger, with two bedrooms, a dining room and kitchen. Four well-sized balconies are divided between the first and second floors, and those to the side of the palazzo offer a beautiful view of the surrounding town, countryside, and the blue Tyrrhenian Sea in the middle distance, just 10km away to the north west. This space is recently renovated and well-presented, with certified electrical circuits and plumbing. The windows are in wood, with double-glazing, and a combination or gas radiators and heat-pump air conditioning units keep the space comfortable all year round. With morning sunshine at the front of the property and unforgettable sunsets on display from the rear, this would be a beautiful spot in which to make a home in the sun. A RESTORATION PROJECT IN A BEAUTIFUL LOCATION The smaller apartment is in need of a full restoration. In good structural condition, it will however need new plastering, ceilings, windows, wiring and pipes. This is a smaller space, but still offers two bedrooms, a living room and room to create your own kitchen. Once the restoration is complete, the smaller apartment could be re-sold, leased as a holiday home or even integrated into the larger apartment to create a single, spacious family home.
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Currency Exchange
Collesano, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
Collesano, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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