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Prestigiosa Tenuta Rinco
BIELLA, PIEMONTE, Italy
REF: 884685
€1,200,000
Description
Piedmont hills of Biella, 1 hour's drive from Milan - prestigious estate with stable immersed in 6 hectares of land of which 1.7 of woodland. The estate consists of an old farmhouse that has been completely renovated with luxury materials and consists of two independent units; the main house consists of a large kitchen, living room and dining area on the ground floor, three bedrooms, two walk-in wardrobes and two bathrooms on the first floor. The second unit consists of kitchen with living room, bedroom and bathroom. The property is completed by a large barn with the possibility of creating another dwelling and storage rooms, storage room and porch; outdoor oven and barbecue area and a large infinity pool; Rinco stable with 12 covered stalls, all with windows, another 5 stalls under the portico, 40x20 sand arena, services, changing rooms, saddlery, portico and various storage areas; club house area on the first floor in addition to the barn; outdoor sand arena for show jumping; walker for 4 horses, 4 paddocks, two tack rooms, video surveillance in the stables, alarm system, garage and shed for several cars; all in excellent condition and very functional. Irrigation systems on almost the entire green area and on the outdoor arena, water supply from the well . The staff/groom house is delivered furnished and fully equipped with everything you need. The property is located 10 minutes from the motorway, so everything is within easy reach. For the major competition centres, these are the distances: -Equieffe 97 km -Etrea 80 km -Truccazzano 122 km -Tortona 119 km -Malaspina 112 km -Buscate 71 km -Horsebridge 97 km -Manerbio 197 km
Piedmont hills of Biella, 1 hour's drive from Milan - prestigious estate with stable immersed in 6 hectares of land of which 1.7 of woodland. The estate consists of an old farmhouse that has been completely renovated with luxury materials and consists of two independent units; the main house consists of a large kitchen, living room and dining area on the ground floor, three bedrooms, two walk-in wardrobes and two bathrooms on the first floor. The second unit consists of kitchen with living room, bedroom and bathroom. The property is completed by a large barn with the possibility of creating another dwelling and storage rooms, storage room and porch; outdoor oven and barbecue area and a large infinity pool; Rinco stable with 12 covered stalls, all with windows, another 5 stalls under the portico, 40x20 sand arena, services, changing rooms, saddlery, portico and various storage areas; club house area on the first floor in addition to the barn; outdoor sand arena for show jumping; walker for 4 horses, 4 paddocks, two tack rooms, video surveillance in the stables, alarm system, garage and shed for several cars; all in excellent condition and very functional. Irrigation systems on almost the entire green area and on the outdoor arena, water supply from the well . The staff/groom house is delivered furnished and fully equipped with everything you need. The property is located 10 minutes from the motorway, so everything is within easy reach. For the major competition centres, these are the distances: -Equieffe 97 km -Etrea 80 km -Truccazzano 122 km -Tortona 119 km -Malaspina 112 km -Buscate 71 km -Horsebridge 97 km -Manerbio 197 km
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Currency Exchange
BIELLA, PIEMONTE, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
BIELLA, PIEMONTE, 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £988,680 | £1,031,340 | £42,660 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £988,680 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,660 |
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 £42,660 more.
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