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Farmhouse-rustico in Umbria
Citt della Pieve, 84, Italy
REF: 851956
€450,000
Description
Farmhouse to renovate on 2 levels for a surface area of ??approximately 430 sqm + former barn of approximately 140 sqm and former pigsty of approximately 40 sqm. The property includes 5 hectares of private land capable of guaranteeing maximum privacy and enjoyment of the outdoors. Option to purchase a further 41 hectares of which 20 hectares of arable land and 20 hectares of forest (+ 300,000 euros).The property has electricity connection and water supply via connection to the public aqueduct.Currently the farmhouse requires a global renovation which would thus guarantee a recovery of the strong original character of the property.The property is particularly suitable to become a beautiful private country residence, with the possibility of inserting it into the international tourist rental circuits and of being able to connect, thanks to the option of purchasing agricultural land, even a small agricultural business. The property is located in the municipality of Citt della Pieve, on a hill located 350 meters above sea level, in a beautiful natural area dominated by the presence of the Fighine Castle. Points of interest: Cetona (10 minutes), San Casciano dei Bagni and the prestigious "Fonteverde" spa center (10 minutes), Chiusi with the railway station and the A1 motorway (15 minutes), Montepulciano (30 minutes), Pienza ( 40 minutes), Cortona (40 minutes) and the natural area of ??Trasimeno (30 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. The property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
Farmhouse to renovate on 2 levels for a surface area of ??approximately 430 sqm + former barn of approximately 140 sqm and former pigsty of approximately 40 sqm. The property includes 5 hectares of private land capable of guaranteeing maximum privacy and enjoyment of the outdoors. Option to purchase a further 41 hectares of which 20 hectares of arable land and 20 hectares of forest (+ 300,000 euros).The property has electricity connection and water supply via connection to the public aqueduct.Currently the farmhouse requires a global renovation which would thus guarantee a recovery of the strong original character of the property.The property is particularly suitable to become a beautiful private country residence, with the possibility of inserting it into the international tourist rental circuits and of being able to connect, thanks to the option of purchasing agricultural land, even a small agricultural business. The property is located in the municipality of Citt della Pieve, on a hill located 350 meters above sea level, in a beautiful natural area dominated by the presence of the Fighine Castle. Points of interest: Cetona (10 minutes), San Casciano dei Bagni and the prestigious "Fonteverde" spa center (10 minutes), Chiusi with the railway station and the A1 motorway (15 minutes), Montepulciano (30 minutes), Pienza ( 40 minutes), Cortona (40 minutes) and the natural area of ??Trasimeno (30 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. The property is registered in the name of a natural person(s) and the sale will be subject to registration tax according to current regulations (see private purchase costs).
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Currency Exchange
Citt della Pieve, 84, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Citt della Pieve, 84, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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