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Old farmhouse dating back to the early 1900s, in need of complete renovation, located in the Murge area in the province of Bari, in the midst of the beautiful, unspoiled Apulian countryside
Bari, Apulia, Italy
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REF: 906116
€190,000
Description
Old farmhouse dating back to the early 1900s, in need of complete renovation, located in the Murge area in the province of Bari, in the midst of the beautiful, unspoiled Apulian countryside.
The Masseria is located between the well-served towns of Gioia del Colle and Laterza.
The town of Gioia del Colle stands on the top of a hill at 360 m exactly halfway between the Adriatic Sea and the Ionian Sea.
This ancient farmhouse retains all the typical features of those buildings involved in the agricultural activities of the past: the lodgings for the farmers, the oven, the cisterns for collecting rainwater, the mangers for the animals. All of them seem to be waiting to come to life again, with a renewed charm, yet consistent with its location and original allure.
Old farmhouse dating back to the early 1900s, in need of complete renovation, located in the Murge area in the province of Bari, in the midst of the beautiful, unspoiled Apulian countryside.
The Masseria is located between the well-served towns of Gioia del Colle and Laterza.
The town of Gioia del Colle stands on the top of a hill at 360 m exactly halfway between the Adriatic Sea and the Ionian Sea.
This ancient farmhouse retains all the typical features of those buildings involved in the agricultural activities of the past: the lodgings for the farmers, the oven, the cisterns for collecting rainwater, the mangers for the animals. All of them seem to be waiting to come to life again, with a renewed charm, yet consistent with its location and original allure.
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Currency Exchange
Bari, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £161,139 | £4,598 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £161,139 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,598 |
Bari, 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 €190,000 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 |
|---|---|---|---|
| €190,000 | £156,541 | £161,139 | £4,598 |
| Property Price € | €190,000 |
| Minimum cost in the last six months | £156,541 |
| Maximum cost in the last six months | £161,139 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,598 |
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 £4,598 more.
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