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The main house of about 285 square meters is spread on three levels and composed as follows: On the ground floor, a reception room, tavern, breakfast room and 2 large cellars
Caprese Michelangelo, Tuscany, Italy
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REF: 913245
€1,130,000
Description
The main house of about 285 square meters is spread on three levels and composed as follows: On the ground floor, a reception room, tavern, breakfast room and 2 large cellars; On the raised round floor, a large living room, kitchen, 3 bedrooms, 2 of which double, a study and 1 bathroom; On the higher floor, 2 1-bedroom apartments and 1 studio apartment. The second farmhouse of about 350 square meters is set on 4 levels and composed as follows: On the ground floor, with living room, reading room, large kitchen, 1 bathroom, cellar; On the first floor, a one-bedroom apartment and 1 double bedroom with bathroom, both with external independent access. On the second floor, 1 double bedroom with 1 bathroom, a one-bedroom apartment, a suite with living room and 1 double bedroom with bathroom; On the attic floor, a large living room, 1 double bedroom and 1 bathroom. The third farmhouse of about 100 square meters is spread on two levels and composed as follows: On the ground floor, 2 double bedrooms, 1 bathroom; And on the first floor, open plan with spectacular views including living room and kitchen. The farmhouses have been renovated in various periods, in 2001, 2003, 2005 and 2009 and are in excellent condition. Exposed stone walls, terracotta floors, ceilings with wooden beams and terracotta tiles, brick arches and Tuscan-style furnishings. Both the kitchens in the apartments and the shared kitchen are fully equipped; the bedrooms are spacious and tastefully decorated. The property comes with 4 outbuildings for a total of 165 square meters, renovated externally and with new roofs, but in need to be partially restored internally.
The main house of about 285 square meters is spread on three levels and composed as follows: On the ground floor, a reception room, tavern, breakfast room and 2 large cellars; On the raised round floor, a large living room, kitchen, 3 bedrooms, 2 of which double, a study and 1 bathroom; On the higher floor, 2 1-bedroom apartments and 1 studio apartment. The second farmhouse of about 350 square meters is set on 4 levels and composed as follows: On the ground floor, with living room, reading room, large kitchen, 1 bathroom, cellar; On the first floor, a one-bedroom apartment and 1 double bedroom with bathroom, both with external independent access. On the second floor, 1 double bedroom with 1 bathroom, a one-bedroom apartment, a suite with living room and 1 double bedroom with bathroom; On the attic floor, a large living room, 1 double bedroom and 1 bathroom. The third farmhouse of about 100 square meters is spread on two levels and composed as follows: On the ground floor, 2 double bedrooms, 1 bathroom; And on the first floor, open plan with spectacular views including living room and kitchen. The farmhouses have been renovated in various periods, in 2001, 2003, 2005 and 2009 and are in excellent condition. Exposed stone walls, terracotta floors, ceilings with wooden beams and terracotta tiles, brick arches and Tuscan-style furnishings. Both the kitchens in the apartments and the shared kitchen are fully equipped; the bedrooms are spacious and tastefully decorated. The property comes with 4 outbuildings for a total of 165 square meters, renovated externally and with new roofs, but in need to be partially restored internally.
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Currency Exchange
Caprese Michelangelo, Tuscany, 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 €1,130,000 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 |
|---|---|---|---|
| €1,130,000 | £931,007 | £980,942 | £49,935 |
| Property Price € | €1,130,000 |
| Minimum cost in the last six months | £931,007 |
| Maximum cost in the last six months | £980,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,935 |
Caprese Michelangelo, Tuscany, 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 €1,130,000 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 |
|---|---|---|---|
| €1,130,000 | £931,007 | £980,942 | £49,935 |
| Property Price € | €1,130,000 |
| Minimum cost in the last six months | £931,007 |
| Maximum cost in the last six months | £980,942 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,935 |
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 £49,935 more.
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