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Chalet Presti - Cefalu TWO-BEDROOM, SEA-VIEW HOUSE IN CEFAL 'S GREEN HILLS Surrounded by woodland, at the top of one of the lower peaks of the Madonie Natural Park but just twelve minutes' drive from Cefal , Chalet Presti offers a sensational blend of seclusion and convenience
Cefal , Palermo, Italy
REF: 848619
€350,000
Description
Chalet Presti - Cefalu TWO-BEDROOM, SEA-VIEW HOUSE IN CEFAL 'S GREEN HILLS Surrounded by woodland, at the top of one of the lower peaks of the Madonie Natural Park but just twelve minutes' drive from Cefal , Chalet Presti offers a sensational blend of seclusion and convenience. With Cefal one of Sicily's blue chip tourist markets, this is a very solid investment for an enticing price per square metre the total covered area spans a huge 240m2. We see Chalet Presti as being ripe for a makeover with the addition of a pair of extra bedrooms, giving it a sleeping capacity of eight plus, and significant potential as a vacation rental if you don't plan to live there 365 days a year. VAST STORAGE SPACE FOR CARS OR AGRICULTURAL MACHINERY Built on two floors and a mezzanine, the house takes advantage of the hillside to offer beautiful views from every room. The ground floor is currently a huge garage, or storage space, but there is tons of potential to put this to a more efficient use. Outside is a terrace which overlooks the green hillside rolling down to a wide stretch of coastline which is visible throughout. BRIGHT AND SPACIOUS LIVING AREA On the upper floor is the main living area of the house. Here you will find a pair of bedrooms and twin bathrooms, as well as a spacious family kitchen. However, the majority of the space is taken up with a chalet-style, high-ceilinged open space living room, with a mezzanine gallery built on a slight overhang. This intelligent bit of design has created what is currently used as an additional living area and a dining space. Of course it could be changed in something more efficient, like 2 new bedrooms. OAKS, CORKS AND PINES Set in an ample wooded estate of 5500m2, Chalet Presti is a wonderful getaway in a prestigious district where many of the island's rich and famous spend their summers.
Chalet Presti - Cefalu TWO-BEDROOM, SEA-VIEW HOUSE IN CEFAL 'S GREEN HILLS Surrounded by woodland, at the top of one of the lower peaks of the Madonie Natural Park but just twelve minutes' drive from Cefal , Chalet Presti offers a sensational blend of seclusion and convenience. With Cefal one of Sicily's blue chip tourist markets, this is a very solid investment for an enticing price per square metre the total covered area spans a huge 240m2. We see Chalet Presti as being ripe for a makeover with the addition of a pair of extra bedrooms, giving it a sleeping capacity of eight plus, and significant potential as a vacation rental if you don't plan to live there 365 days a year. VAST STORAGE SPACE FOR CARS OR AGRICULTURAL MACHINERY Built on two floors and a mezzanine, the house takes advantage of the hillside to offer beautiful views from every room. The ground floor is currently a huge garage, or storage space, but there is tons of potential to put this to a more efficient use. Outside is a terrace which overlooks the green hillside rolling down to a wide stretch of coastline which is visible throughout. BRIGHT AND SPACIOUS LIVING AREA On the upper floor is the main living area of the house. Here you will find a pair of bedrooms and twin bathrooms, as well as a spacious family kitchen. However, the majority of the space is taken up with a chalet-style, high-ceilinged open space living room, with a mezzanine gallery built on a slight overhang. This intelligent bit of design has created what is currently used as an additional living area and a dining space. Of course it could be changed in something more efficient, like 2 new bedrooms. OAKS, CORKS AND PINES Set in an ample wooded estate of 5500m2, Chalet Presti is a wonderful getaway in a prestigious district where many of the island's rich and famous spend their summers.
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Currency Exchange
Cefal , 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
Cefal , 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 €350,000 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 |
|---|---|---|---|
| €350,000 | £291,158 | £301,217 | £10,059 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £291,158 |
| Maximum cost in the last six months | £301,217 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,059 |
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 £10,059 more.
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