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Bright townhouse free on two sides in good structural condition, to be internally restored, with driveway access close to the Towers of Properzio in the center of Spello
Spello, Umbria, Italy
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REF: 913247
€199,000
Description
Bright townhouse free on two sides in good structural condition, to be internally restored, with driveway access close to the Towers of Properzio in the center of Spello. The townhouse, facing south and west, is set on four levels and consists of: in the basement there is a large room with brick vaults, also usable as a garage for two cars; an external staircase leads to the first floor where there is the entrance, large living room of 33 square meters, kitchen, 1 double bedroom and 1 bathroom; on the second floor there are 2 bedrooms, one double, one study/bedroom and 1 bathroom; on the attic floor there are a dining room, kitchen, 2 bedrooms, one double, 1 bathroom and access to a panoramic terrace of 11 sq m. Utilities are present. Independent heating. Possibility to buy a garden of 1,046 square meters, which is just 1 minute walk, with price to be agreed. Possibility to park in a nearby square.
Bright townhouse free on two sides in good structural condition, to be internally restored, with driveway access close to the Towers of Properzio in the center of Spello. The townhouse, facing south and west, is set on four levels and consists of: in the basement there is a large room with brick vaults, also usable as a garage for two cars; an external staircase leads to the first floor where there is the entrance, large living room of 33 square meters, kitchen, 1 double bedroom and 1 bathroom; on the second floor there are 2 bedrooms, one double, one study/bedroom and 1 bathroom; on the attic floor there are a dining room, kitchen, 2 bedrooms, one double, 1 bathroom and access to a panoramic terrace of 11 sq m. Utilities are present. Independent heating. Possibility to buy a garden of 1,046 square meters, which is just 1 minute walk, with price to be agreed. Possibility to park in a nearby square.
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Currency Exchange
Spello, Umbria, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £163,956 | £168,372 | £4,416 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £163,956 |
| Maximum cost in the last six months | £168,372 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,416 |
Spello, Umbria, 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 €199,000 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 |
|---|---|---|---|
| €199,000 | £163,956 | £168,372 | £4,416 |
| Property Price € | €199,000 |
| Minimum cost in the last six months | £163,956 |
| Maximum cost in the last six months | £168,372 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,416 |
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 £4,416 more.
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