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On the first hill of Polignano a Mare, about 6 km from the coast, period house of the early '900 perfectly in good condition, independent on all sides and develops on 2 levels with annex and garage
Polignano a Mare, Apulia, Italy
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REF: 912120
€600,000
Description
On the first hill of Polignano a Mare, about 6 km from the coast, period house of the early '900 perfectly in good condition, independent on all sides and develops on 2 levels with annex and garage. The 300 smq property has a part built and added in the 80s and consists on the ground floor of large living room, dining room, kitchen, 1 bathroom, pantry and 1 bedroom. An internal staircase leads to the upper floor composed of three bedrooms and two bathrooms. Further access to the terrace above with sea view. The property is equipped with heating with radiators, air conditioning c / f in every room, in the oldest part decorated ceramic floors and vaulted ceilings in original tuff, well water for irrigation, equipped with electric generator in case of emergency, radio alarm system. Possibility of adding another 70 sqm and about 150 sqm of verandas. The property includes a garage of 40 sqm and an annex of 130 sqm to renovate and use as a guest house. The land of 6000 sqm is flat, fenced with automated gate with video intercom and blackout protection net, paved area for outdoor parking spaces, lighting and olive and fruit trees. Possibility to install a swimming pool of 40 sqm.
On the first hill of Polignano a Mare, about 6 km from the coast, period house of the early '900 perfectly in good condition, independent on all sides and develops on 2 levels with annex and garage. The 300 smq property has a part built and added in the 80s and consists on the ground floor of large living room, dining room, kitchen, 1 bathroom, pantry and 1 bedroom. An internal staircase leads to the upper floor composed of three bedrooms and two bathrooms. Further access to the terrace above with sea view. The property is equipped with heating with radiators, air conditioning c / f in every room, in the oldest part decorated ceramic floors and vaulted ceilings in original tuff, well water for irrigation, equipped with electric generator in case of emergency, radio alarm system. Possibility of adding another 70 sqm and about 150 sqm of verandas. The property includes a garage of 40 sqm and an annex of 130 sqm to renovate and use as a guest house. The land of 6000 sqm is flat, fenced with automated gate with video intercom and blackout protection net, paved area for outdoor parking spaces, lighting and olive and fruit trees. Possibility to install a swimming pool of 40 sqm.
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Currency Exchange
Polignano a Mare, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £494,340 | £507,654 | £13,314 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £507,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,314 |
Polignano a Mare, 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 €600,000 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 |
|---|---|---|---|
| €600,000 | £494,340 | £507,654 | £13,314 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £494,340 |
| Maximum cost in the last six months | £507,654 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,314 |
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 £13,314 more.
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