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Luxury
Volterra, Pisa, Italy
REF: 909858
€590,000
Description
In Volterra historical centre for sale a XVI century palace , free on three sides and in good structural conditions. The palace is 600 sqm, on three storey plus the garage and the cellars with amazing vaulted ceilings with their own private entrance. The ground floor is composed of a nice, good size hallway, one bedroom with en-suite bathroom and another bedroom ( both currently used as studio), dining-room with kitchen. On the mezzanine floor the palace comprises a hallway and a storage. The original marble staircase leads to the first floor which is the elegant and noble part of the building which consists of an impressive living-room with original frescos, 3 bedrooms (one bedroom with a charming alcove) , dining-room, 2 bathrooms, kitchen and a second access from the rear of the building. The second floor is composed by wide attic rooms, currently used as storages. Finally in the basement of the building there are the old cellars with amazing cross-vaulted ceilings and the gas oil boiler room . The palace requires works to be upgraded and personalized and it has the potential to be converted in a fantastic family house or into a B&B or boutique hotel.
In Volterra historical centre for sale a XVI century palace , free on three sides and in good structural conditions. The palace is 600 sqm, on three storey plus the garage and the cellars with amazing vaulted ceilings with their own private entrance. The ground floor is composed of a nice, good size hallway, one bedroom with en-suite bathroom and another bedroom ( both currently used as studio), dining-room with kitchen. On the mezzanine floor the palace comprises a hallway and a storage. The original marble staircase leads to the first floor which is the elegant and noble part of the building which consists of an impressive living-room with original frescos, 3 bedrooms (one bedroom with a charming alcove) , dining-room, 2 bathrooms, kitchen and a second access from the rear of the building. The second floor is composed by wide attic rooms, currently used as storages. Finally in the basement of the building there are the old cellars with amazing cross-vaulted ceilings and the gas oil boiler room . The palace requires works to be upgraded and personalized and it has the potential to be converted in a fantastic family house or into a B&B or boutique hotel.
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Currency Exchange
Volterra, Pisa, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
Volterra, Pisa, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
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 £18,373 more.
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