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Apartment in Umbria
Spoleto, 84, Italy
REF: 909057
€255,000
Description
The apartment features a small terrace and is located on the first floor. It includes a bright living room with kitchenette, two bedrooms and two bathrooms, and finally a study, which could serve as a third bedroom or, according to needs, expand the living room to form a single large open space. The apartment also includes a basement area. There is the possibility of purchasing a garage or parking space separately. Independent heating with single boiler Currently unfinished, the apartment is sold finished according to the required specifications. Perfect as a main residence or for tourist rentals. Very close to the historic centre of Spoleto and the motorway E 45. 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 property is registered to a company.
The apartment features a small terrace and is located on the first floor. It includes a bright living room with kitchenette, two bedrooms and two bathrooms, and finally a study, which could serve as a third bedroom or, according to needs, expand the living room to form a single large open space. The apartment also includes a basement area. There is the possibility of purchasing a garage or parking space separately. Independent heating with single boiler Currently unfinished, the apartment is sold finished according to the required specifications. Perfect as a main residence or for tourist rentals. Very close to the historic centre of Spoleto and the motorway E 45. 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 property is registered to a company.
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Currency Exchange
Spoleto, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £210,095 | £219,160 | £9,065 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £210,095 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,065 |
Spoleto, 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 €255,000 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 |
|---|---|---|---|
| €255,000 | £210,095 | £219,160 | £9,065 |
| Property Price € | €255,000 |
| Minimum cost in the last six months | £210,095 |
| Maximum cost in the last six months | £219,160 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,065 |
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 £9,065 more.
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