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Farmhouse-rustico in Tuscany
Radicofani, 85, Italy
REF: 915799
€650,000
Description
The property consists of a farmhouse and two annexes. The farmhouse has a surface area of 645 sqm and is on two levels. There are also two annexes, one of about 60 sqm and one of about 45 sqm. Included in the sale is 1 ha of land surrounding the property. Possibility to purchase further land. It is easy to connect the property to electricity and aqueduct which are nearby. The property is completely in need of renovation and is partly stacked as a collaborating unit (F/2). The property can be used as a main residence, as a holiday home in one of the most characteristic areas of Tuscany. It is also interesting to be inserted in the tourist-recreational circuits. The property is located halfway between Sarteano and Radicofani, which are both about 10 minutes away. Other famous destinations easily reached in 30 minutes are Pienza, Montepulciano and San Quirico d'Orcia and in 40 minutes Montalcino. The nearest airports are Perugia at 100 km, Florence at 140 km and Rome at 220 km. 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 a rural building in the name of a natural person.
The property consists of a farmhouse and two annexes. The farmhouse has a surface area of 645 sqm and is on two levels. There are also two annexes, one of about 60 sqm and one of about 45 sqm. Included in the sale is 1 ha of land surrounding the property. Possibility to purchase further land. It is easy to connect the property to electricity and aqueduct which are nearby. The property is completely in need of renovation and is partly stacked as a collaborating unit (F/2). The property can be used as a main residence, as a holiday home in one of the most characteristic areas of Tuscany. It is also interesting to be inserted in the tourist-recreational circuits. The property is located halfway between Sarteano and Radicofani, which are both about 10 minutes away. Other famous destinations easily reached in 30 minutes are Pienza, Montepulciano and San Quirico d'Orcia and in 40 minutes Montalcino. The nearest airports are Perugia at 100 km, Florence at 140 km and Rome at 220 km. 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 a rural building in the name of a natural person.
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Currency Exchange
Radicofani, 85, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £564,259 | £28,724 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £564,259 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,724 |
Radicofani, 85, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £535,535 | £564,259 | £28,724 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £535,535 |
| Maximum cost in the last six months | £564,259 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,724 |
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 £28,724 more.
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