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Apartment in Umbria
Spoleto, 84, Italy
REF: 872472
€230,000
Description
Prestigious apartment for sale in Spoleto - Il Mercato - Third floor apartment with terrace and cellar completely renovated in the Piazza del Mercato area. Fine finishes with underfloor heating, thermo-acoustic insulation, handmade terracotta flooring, large video-monitored entrance and finely restored staircase with restoration of the vaults, old steps and original colours. The apartment consists of a spacious living room with kitchenette, three bedrooms and two bathrooms. The apartments are served by all utilities, underfloor heating, predisposition for a fireplace. The building has been completely renovated anti-seismic with fine finishes, the ceilings are with beams and terracotta tiles, the floors in handmade terracotta. The property is served by an elevator. The apartments are perfect for every need. Considering the considerable potential thanks to the enviable position, the various dimensions, the property lends itself perfectly both to use as a main residence or for holidays and weekends. The building is located a few steps from the square, the cathedral and the exit of the escalators that serve the entire historic centre. The status is compliant. This property is in the name of an individual and therefore the sale is subject to registration tax, calculated on the cadastral value respectively at 9% if purchased as a second home, or at 2% if the purchase of the property benefits from the first home benefits.
Prestigious apartment for sale in Spoleto - Il Mercato - Third floor apartment with terrace and cellar completely renovated in the Piazza del Mercato area. Fine finishes with underfloor heating, thermo-acoustic insulation, handmade terracotta flooring, large video-monitored entrance and finely restored staircase with restoration of the vaults, old steps and original colours. The apartment consists of a spacious living room with kitchenette, three bedrooms and two bathrooms. The apartments are served by all utilities, underfloor heating, predisposition for a fireplace. The building has been completely renovated anti-seismic with fine finishes, the ceilings are with beams and terracotta tiles, the floors in handmade terracotta. The property is served by an elevator. The apartments are perfect for every need. Considering the considerable potential thanks to the enviable position, the various dimensions, the property lends itself perfectly both to use as a main residence or for holidays and weekends. The building is located a few steps from the square, the cathedral and the exit of the escalators that serve the entire historic centre. The status is compliant. This property is in the name of an individual and therefore the sale is subject to registration tax, calculated on the cadastral value respectively at 9% if purchased as a second home, or at 2% if the purchase of the property benefits from the first home benefits.
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Currency Exchange
Spoleto, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £191,332 | £197,943 | £6,610 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £191,332 |
| Maximum cost in the last six months | £197,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,610 |
Spoleto, 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 €230,000 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 |
|---|---|---|---|
| €230,000 | £191,332 | £197,943 | £6,610 |
| Property Price € | €230,000 |
| Minimum cost in the last six months | £191,332 |
| Maximum cost in the last six months | £197,943 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,610 |
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 £6,610 more.
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