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Located in the centre of the Valle D Itria, a luxurious and prestigious property consisting of a main body and three separate and independent annexes consisting in Trulli, traditional Apulian dry stone hut with a conical roof, typical of this area, and Lamia (a small manor farm, is an ancient buildi
Ostuni, Apulia, Italy
REF: 906100
€1,600,000
Description
Located in the centre of the Valle D Itria, a luxurious and prestigious property consisting of a main body and three separate and independent annexes consisting in Trulli, traditional Apulian dry stone hut with a conical roof, typical of this area, and Lamia (a small manor farm, is an ancient building characterized by stone vaults). The recently built main building has the characteristics of an old mansion, with high star ceilings, exposed stone, and a period fireplace. It consists of a large and bright living area with fireplace, a kitchen with pantry, a service bathroom with shower, 2 double bedrooms with en-suite bathrooms and a beautiful panoramic veranda equipped for outdoor dining. Separate from the main building are the 3 trulli and the lamia, all with an independent entrance and consisting of a double bedroom and bathroom with shower. Predominating the outdoor area is the panoramic, infinity-edge swimming pool measuring 18 meters x 6 meters. The land surrounding the property land is about 23,300 sq m, embellished with wonderful ancient olive trees and other fruit trees, all fenced with dry stone walls. The property is just a few kilometres from Ostuni, Cisternino, Ceglie Messapica and Martina Franca, just 20 km from the beaches and 40 km from Brindisi airport.
Located in the centre of the Valle D Itria, a luxurious and prestigious property consisting of a main body and three separate and independent annexes consisting in Trulli, traditional Apulian dry stone hut with a conical roof, typical of this area, and Lamia (a small manor farm, is an ancient building characterized by stone vaults). The recently built main building has the characteristics of an old mansion, with high star ceilings, exposed stone, and a period fireplace. It consists of a large and bright living area with fireplace, a kitchen with pantry, a service bathroom with shower, 2 double bedrooms with en-suite bathrooms and a beautiful panoramic veranda equipped for outdoor dining. Separate from the main building are the 3 trulli and the lamia, all with an independent entrance and consisting of a double bedroom and bathroom with shower. Predominating the outdoor area is the panoramic, infinity-edge swimming pool measuring 18 meters x 6 meters. The land surrounding the property land is about 23,300 sq m, embellished with wonderful ancient olive trees and other fruit trees, all fenced with dry stone walls. The property is just a few kilometres from Ostuni, Cisternino, Ceglie Messapica and Martina Franca, just 20 km from the beaches and 40 km from Brindisi airport.
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Currency Exchange
Ostuni, Apulia, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,356,960 | £38,720 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,356,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,720 |
Ostuni, Apulia, 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 €1,600,000 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 |
|---|---|---|---|
| €1,600,000 | £1,318,240 | £1,356,960 | £38,720 |
| Property Price € | €1,600,000 |
| Minimum cost in the last six months | £1,318,240 |
| Maximum cost in the last six months | £1,356,960 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,720 |
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 £38,720 more.
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