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Appartamento Michela - Palermo In one of our favourite palazzo buildings on Palermo's beautiful via Roma, Appartamento Michela is a luxury fourth-floor apartment that is as spacious as it is filled with history
Palermo, Palermo, Italy
REF: 901884
€360,000
Description
Appartamento Michela - Palermo In one of our favourite palazzo buildings on Palermo's beautiful via Roma, Appartamento Michela is a luxury fourth-floor apartment that is as spacious as it is filled with history. The four-bedroom property offers 250m2 of internal space, plus a quartet of balconies overlooking the main thoroughfare outside, the quieter Via Milano and the internal courtyard of this century-old liberty-style apartment block. Bright, airy and expansive Six large and well-lit rooms run along the outer facade of the L-shaped apartment, each with large windows and three with balconies. Every one has its own decorative character, with unique configurations of classic Sicilian floor tiles and decorative plastering and frescoes on the high 4.1m ceilings. This is a stately property with history and class in abundance. The previous owner lived here for many decades, and in fact ran a private family medical practice from the large reception rooms around the entrance hall. An astonishing number of local residents will be immediately familiar with your new home if you drop the much-loved name of Dr Palazzo Adriano! Renovation and restoration required There is certainly work to be done to renovate the apartment before it can be a comfortable home, starting with the electrical wiring and including replacing the windows, bathrooms and kitchen. There is currently no heating or air conditioning, and a modern buyer may find the division of space a little inflexible and prefer to open up some pairs of rooms into larger, more fluid spaces. However, the beautiful city and mountain views, the characterful decorative flourishes underfoot and overhead, and the abundance of natural light and fresh air that stream in through the large windows and French doors mean that the finished product will be a really first class city centre apartment with charm, history and a perfect location. In the very heart of Sicily's most fascinating city All of the main attractions and amenities of the city can be reached on foot or by bicycle, and the position directly opposite the main Centrale station means that the district is extremely well-served by buses, coaches, trains and even, in the near future, a tram line. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
Appartamento Michela - Palermo In one of our favourite palazzo buildings on Palermo's beautiful via Roma, Appartamento Michela is a luxury fourth-floor apartment that is as spacious as it is filled with history. The four-bedroom property offers 250m2 of internal space, plus a quartet of balconies overlooking the main thoroughfare outside, the quieter Via Milano and the internal courtyard of this century-old liberty-style apartment block. Bright, airy and expansive Six large and well-lit rooms run along the outer facade of the L-shaped apartment, each with large windows and three with balconies. Every one has its own decorative character, with unique configurations of classic Sicilian floor tiles and decorative plastering and frescoes on the high 4.1m ceilings. This is a stately property with history and class in abundance. The previous owner lived here for many decades, and in fact ran a private family medical practice from the large reception rooms around the entrance hall. An astonishing number of local residents will be immediately familiar with your new home if you drop the much-loved name of Dr Palazzo Adriano! Renovation and restoration required There is certainly work to be done to renovate the apartment before it can be a comfortable home, starting with the electrical wiring and including replacing the windows, bathrooms and kitchen. There is currently no heating or air conditioning, and a modern buyer may find the division of space a little inflexible and prefer to open up some pairs of rooms into larger, more fluid spaces. However, the beautiful city and mountain views, the characterful decorative flourishes underfoot and overhead, and the abundance of natural light and fresh air that stream in through the large windows and French doors mean that the finished product will be a really first class city centre apartment with charm, history and a perfect location. In the very heart of Sicily's most fascinating city All of the main attractions and amenities of the city can be reached on foot or by bicycle, and the position directly opposite the main Centrale station means that the district is extremely well-served by buses, coaches, trains and even, in the near future, a tram line. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
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Currency Exchange
Palermo, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £298,192 | £309,402 | £11,210 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £298,192 |
| Maximum cost in the last six months | £309,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,210 |
Palermo, 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 €360,000 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 |
|---|---|---|---|
| €360,000 | £298,192 | £309,402 | £11,210 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £298,192 |
| Maximum cost in the last six months | £309,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,210 |
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 £11,210 more.
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