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Villa built in the early '900 in the heart of Taormina's historic center, next to the Congress Palace and a short walk from the Greek Theatre and the main street Corso Umberto
Taormina, Sicily, Italy
REF: 908652
€2,700,000
Description
Villa built in the early '900 in the heart of Taormina's historic center, next to the Congress Palace and a short walk from the Greek Theatre and the main street Corso Umberto; The property is located in a quiet and reserved position. The Villa spreads over 5 floors, for approximately 400 sq m, while the plot surface has an area of about 1.190 sq m. The garden is equipped with swimming pool. The ground floor has a private entrance and consists of 4 rooms, 2 bathrooms and a storage space used as servant s quarters plus an internal staircase to access the upper floor. With the first floor begins the noble part of the Villa served by its own private entrance from the outside stairs to the garden; this level includes a large living room, with a balcony and terrace, one bathroom, kitchen, service room, study room and one bedroom. The internal staircase leads to the upper floor consisting of a mezzanine bathroom placed between the first and the third floor which includes 3 large bedrooms, 1 bathroom and a large terrace with panoramic view. The fourth floor is composed by one room and a large terrace from which it is possible to reach the top roof boasting a 360 degrees view over the historic centre, Taormina Gulf and the Etna Volcano. The property also includes a utility room used as a tool shed and a pool house equipped with technical room, showers and dressing rooms plus a bedroom with en-suite bathroom often used by the caretaker. Adjacent to the main Villa a guest house of 52 sq m with separate entrance composed by an open space with open plan kitchen and one bathroom. Utilities are connected. The Villa is in good structural conditions but it would benefit from renovation works.
Villa built in the early '900 in the heart of Taormina's historic center, next to the Congress Palace and a short walk from the Greek Theatre and the main street Corso Umberto; The property is located in a quiet and reserved position. The Villa spreads over 5 floors, for approximately 400 sq m, while the plot surface has an area of about 1.190 sq m. The garden is equipped with swimming pool. The ground floor has a private entrance and consists of 4 rooms, 2 bathrooms and a storage space used as servant s quarters plus an internal staircase to access the upper floor. With the first floor begins the noble part of the Villa served by its own private entrance from the outside stairs to the garden; this level includes a large living room, with a balcony and terrace, one bathroom, kitchen, service room, study room and one bedroom. The internal staircase leads to the upper floor consisting of a mezzanine bathroom placed between the first and the third floor which includes 3 large bedrooms, 1 bathroom and a large terrace with panoramic view. The fourth floor is composed by one room and a large terrace from which it is possible to reach the top roof boasting a 360 degrees view over the historic centre, Taormina Gulf and the Etna Volcano. The property also includes a utility room used as a tool shed and a pool house equipped with technical room, showers and dressing rooms plus a bedroom with en-suite bathroom often used by the caretaker. Adjacent to the main Villa a guest house of 52 sq m with separate entrance composed by an open space with open plan kitchen and one bathroom. Utilities are connected. The Villa is in good structural conditions but it would benefit from renovation works.
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Currency Exchange
Taormina, Sicily, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,224,530 | £2,284,443 | £59,913 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,224,530 |
| Maximum cost in the last six months | £2,284,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,913 |
Taormina, Sicily, 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 €2,700,000 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 |
|---|---|---|---|
| €2,700,000 | £2,224,530 | £2,284,443 | £59,913 |
| Property Price € | €2,700,000 |
| Minimum cost in the last six months | £2,224,530 |
| Maximum cost in the last six months | £2,284,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,913 |
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 £59,913 more.
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