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Apartment, in a complex with park and swimming pool, in excellent maintenance conditions, located on the ground floor, with lift, in a private position less than 50 meters walk from the lake and about 7 minutes by car from Torno and the services
Faggeto Lario, Lombardy, Italy
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REF: 907495
€240,000
Description
Apartment, in a complex with park and swimming pool, in excellent maintenance conditions, located on the ground floor, with lift, in a private position less than 50 meters walk from the lake and about 7 minutes by car from Torno and the services.
The apartment is on one level and is composed of a large living room which leads to a terrace of about 8 square meters, kitchenette, 1 double bedroom, 1 bathroom.
Utilities are active including autonomous heating system.
The property includes a cellar of about 6 square meters and a parking space, both located at street level and connected to the building, at lake level, with a rack lift.
Communal garden and shared swimming pool of about 5m x 7m.
The complex was an old spinning mill, divided into three residential structures, renovated in 2000, in excellent condition, with excellent finishes.
The apartment is sold fully furnished with branded furniture.
Condo fees 200.00 per month including park and swimming pool maintenance, heating, electricity.
Faggeto Lario is a town of about 1,200 inhabitants in the province of Como.
The municipality comprises the hamlets of Riva (on the shore of Lake Como) and the mountain hamlets of Molina, Lemna and Palanzo. It offers all services.
Como with its 84,000 inhabitants is 25 minutes away.
Apartment, in a complex with park and swimming pool, in excellent maintenance conditions, located on the ground floor, with lift, in a private position less than 50 meters walk from the lake and about 7 minutes by car from Torno and the services.
The apartment is on one level and is composed of a large living room which leads to a terrace of about 8 square meters, kitchenette, 1 double bedroom, 1 bathroom.
Utilities are active including autonomous heating system.
The property includes a cellar of about 6 square meters and a parking space, both located at street level and connected to the building, at lake level, with a rack lift.
Communal garden and shared swimming pool of about 5m x 7m.
The complex was an old spinning mill, divided into three residential structures, renovated in 2000, in excellent condition, with excellent finishes.
The apartment is sold fully furnished with branded furniture.
Condo fees 200.00 per month including park and swimming pool maintenance, heating, electricity.
Faggeto Lario is a town of about 1,200 inhabitants in the province of Como.
The municipality comprises the hamlets of Riva (on the shore of Lake Como) and the mountain hamlets of Molina, Lemna and Palanzo. It offers all services.
Como with its 84,000 inhabitants is 25 minutes away.
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Currency Exchange
Faggeto Lario, Lombardy, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £197,736 | £206,268 | £8,532 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £197,736 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,532 |
Faggeto Lario, Lombardy, 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 €240,000 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 |
|---|---|---|---|
| €240,000 | £197,736 | £206,268 | £8,532 |
| Property Price € | €240,000 |
| Minimum cost in the last six months | £197,736 |
| Maximum cost in the last six months | £206,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,532 |
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 £8,532 more.
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