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Apartment or Townhouse
Florence, Tuscany, Italy
REF: 887441
€1,100,000
Description
Apartment located in a prestigious building in the Oltrarno area, an area known for its narrow streets, squares, craft workshops, art galleries, with typical bars and restaurants. The apartment is located on the 3rd floor without elevator but with typical wide ancient stairs with easy access, in habitable order without intervention works needed, recently renovated where they used fine materials and furnishings. It is in perfect condition. The property consists of large open space living room with dining area, conversation, open kitchen. Very bright environment as it is accessorized with 3 large windows overlooking the street and the rooftops around, master bedroom with adjacent wardrobe room, through a corridor leads to the master bedroom with small balcony, utility room used as laundry, 2 bathrooms. Utilities present, including independent heating, air conditioning, wooden parquet floors, ceilings with exposed bleached beams in the sleeping area and with some exposed beams in the living area. After the eventual purchase you can buy the attic located in the upper floor currently with entrance from the condominium stairwell and create additional 2 bedrooms and 1 bathroom.
Apartment located in a prestigious building in the Oltrarno area, an area known for its narrow streets, squares, craft workshops, art galleries, with typical bars and restaurants. The apartment is located on the 3rd floor without elevator but with typical wide ancient stairs with easy access, in habitable order without intervention works needed, recently renovated where they used fine materials and furnishings. It is in perfect condition. The property consists of large open space living room with dining area, conversation, open kitchen. Very bright environment as it is accessorized with 3 large windows overlooking the street and the rooftops around, master bedroom with adjacent wardrobe room, through a corridor leads to the master bedroom with small balcony, utility room used as laundry, 2 bathrooms. Utilities present, including independent heating, air conditioning, wooden parquet floors, ceilings with exposed bleached beams in the sleeping area and with some exposed beams in the living area. After the eventual purchase you can buy the attic located in the upper floor currently with entrance from the condominium stairwell and create additional 2 bedrooms and 1 bathroom.
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Currency Exchange
Florence, Tuscany, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
Florence, Tuscany, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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