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Casa Pietro - Gratteri TWO-BEDROOM AFFORDABLE PROPERTY IN GRATTERI WITH SEA-VIEW BALCONY AND TERRACE Tall and deceptively roomy inside, Casa Pietro stands head and shoulders above its neighbours in the centre of the little town of Gratteri
Gratteri, Palermo, Italy
REF: 848589
€65,000
Description
Casa Pietro - Gratteri TWO-BEDROOM AFFORDABLE PROPERTY IN GRATTERI WITH SEA-VIEW BALCONY AND TERRACE Tall and deceptively roomy inside, Casa Pietro stands head and shoulders above its neighbours in the centre of the little town of Gratteri. The town's location, on top of one of the first big hills of the Madonie Natural Park, and the four-storey palazzo-style home combine to provide some spectacular sea views. Whether from the balcony on the second floor, or the little roof terrace above, there is a thrilling panorama of green slopes, blue sea and seemingly always cloudless sky. All without sacrificing any of the convenience of a central location BRIGHT, AIRY AND SPACIOUS The design of Casa Pietro is simple, with essentially one room per level. On the ground floor this is a space which is currently let out as commercial real estate, but could certainly be re-integrated into the living area or provide a useful store room. Up the smart marble stairs, on the first and second floors, are a pair of identical large rooms with roomy balconies overlooking Corso Umberto and catching sun throughout the day thanks to their south-eastern orientation. On each level a balcony to the rear of the property guarantees a through-flow of air and plenty of sunlight. POTENTIAL IN ALL DIRECTIONS The top floor does need some work, with a kitchen that will need to be fitted from scratch and a utility room which is not quite making the best use of its space. The little terrace tantalises rather than setting the heart on fire, but we think there is room to enlarge it or create a new platform at a higher level. If you are able to do this and we think that a total investment of around 120,000 would give you a fabulous two bedroom property in perfect condition and that priceless roof terrace you will have found yourself a bargain in one of the Madonie's prettiest and best-located villages.
Casa Pietro - Gratteri TWO-BEDROOM AFFORDABLE PROPERTY IN GRATTERI WITH SEA-VIEW BALCONY AND TERRACE Tall and deceptively roomy inside, Casa Pietro stands head and shoulders above its neighbours in the centre of the little town of Gratteri. The town's location, on top of one of the first big hills of the Madonie Natural Park, and the four-storey palazzo-style home combine to provide some spectacular sea views. Whether from the balcony on the second floor, or the little roof terrace above, there is a thrilling panorama of green slopes, blue sea and seemingly always cloudless sky. All without sacrificing any of the convenience of a central location BRIGHT, AIRY AND SPACIOUS The design of Casa Pietro is simple, with essentially one room per level. On the ground floor this is a space which is currently let out as commercial real estate, but could certainly be re-integrated into the living area or provide a useful store room. Up the smart marble stairs, on the first and second floors, are a pair of identical large rooms with roomy balconies overlooking Corso Umberto and catching sun throughout the day thanks to their south-eastern orientation. On each level a balcony to the rear of the property guarantees a through-flow of air and plenty of sunlight. POTENTIAL IN ALL DIRECTIONS The top floor does need some work, with a kitchen that will need to be fitted from scratch and a utility room which is not quite making the best use of its space. The little terrace tantalises rather than setting the heart on fire, but we think there is room to enlarge it or create a new platform at a higher level. If you are able to do this and we think that a total investment of around 120,000 would give you a fabulous two bedroom property in perfect condition and that priceless roof terrace you will have found yourself a bargain in one of the Madonie's prettiest and best-located villages.
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Currency Exchange
Gratteri, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,840 | £55,864 | £2,024 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,840 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,024 |
Gratteri, 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 €65,000 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 |
|---|---|---|---|
| €65,000 | £53,840 | £55,864 | £2,024 |
| Property Price € | €65,000 |
| Minimum cost in the last six months | £53,840 |
| Maximum cost in the last six months | £55,864 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,024 |
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 £2,024 more.
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