Apartment in Umbria

Orvieto, 84, Italy

For Sale

€180,000

REF: 905510 €180,000


1

Description

The apartment "Il Nido Umbro" (The Umbrian Nest) is a little gem nestled in the heart of the historic city centre of Orvieto. It exudes the typical Umbrian charm, thanks to the wooden and terracotta ceiling and the tuff details that emerge in this open space waiting for you to shape it according to your wishes.

In addition, there is a small private garden, a true rarity in the city centre. The apartment measures approximately 62 sqm. On the ground floor there are an entrance hall, a bathroom with shower, an open space and a private and exclusive garden of approximately 10 sqm. From the living area, via a glass hatch, you may access the basement with a characteristic cellar dug into tuff (approximately 17 sqm).

The main utilities are available. Independent methane heating. The apartment was renovated in 2004. It features a ceiling with wooden beams and terracotta tiles, terracotta floors and wooden window frames with double glazing as well as mosquito nets.

Given its central location and typology, the property is ideal as an investment for the tourist rental market or as a second home where to spend weekends, enjoying the outdoor space, much sought after in the city, and its strategic position.

The apartment is located in the historic city centre of Orvieto, near one of the main squares of the city. The A1 motorway exit is about 5 km from the historic centre, as is the train station, accessible by funicular.

The city offers a variety of services and cultural activities at any time of the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is an ideal place to live if you wish to explore the wonderful surrounding area. For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence.

This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property.
The apartment "Il Nido Umbro" (The Umbrian Nest) is a little gem nestled in the heart of the historic city centre of Orvieto. It exudes the typical Umbrian charm, thanks to the wooden and terracotta ceiling and the tuff details that emerge in this open space waiting for you to shape it according to your wishes.

In addition, there is a small private garden, a true rarity in the city centre. The apartment measures approximately 62 sqm. On the ground floor there are an entrance hall, a bathroom with shower, an open space and a private and exclusive garden of approximately 10 sqm. From the living area, via a glass hatch, you may access the basement with a characteristic cellar dug into tuff (approximately 17 sqm).

The main utilities are available. Independent methane heating. The apartment was renovated in 2004. It features a ceiling with wooden beams and terracotta tiles, terracotta floors and wooden window frames with double glazing as well as mosquito nets.

Given its central location and typology, the property is ideal as an investment for the tourist rental market or as a second home where to spend weekends, enjoying the outdoor space, much sought after in the city, and its strategic position.

The apartment is located in the historic city centre of Orvieto, near one of the main squares of the city. The A1 motorway exit is about 5 km from the historic centre, as is the train station, accessible by funicular.

The city offers a variety of services and cultural activities at any time of the year. Thanks to its proximity to Rome (about 1 hour) and Florence (about 2 hours), Orvieto is an ideal place to live if you wish to explore the wonderful surrounding area. For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence.

This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property.
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Property on Map

#8935

Currency Exchange

Orvieto, 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 €180,000 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
€180,000 £149,096 £154,701 £5,605
Property Price € €180,000
Minimum cost in the last six months £149,096
Maximum cost in the last six months £154,701
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,605

Orvieto, 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 €180,000 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
€180,000 £149,096 £154,701 £5,605
Property Price € €180,000
Minimum cost in the last six months £149,096
Maximum cost in the last six months £154,701
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,605

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 £5,605 more.

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