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Farmhouse-rustico in Tuscany
Castiglione d'Orcia, 85, Italy
REF: 915800
€370,000
Description
This interesting property is located in a spectacular panoramic position over the Val d'Orcia, in the municipality of Castiglione d'Orcia and is on three levels as follows. The main entrance is on the ground floor where there is a kitchen, double living room with fireplace, 3 bedrooms and a bathroom. There is also a terrace that surrounds two sides of the house with suggestive views of the valley. On the first floor there is a covered terrace, 5 rooms and a bathroom. The basement houses a garage, a cellar, a storage room under the stairs and 3 unfinished rooms. The property is equipped with all utilities. The water supply is guaranteed by the public aqueduct. The property was built in the 1960s and is in need of modernisation. The property is perfect both as a main residence and as a holiday home. Very interesting also as an investment to insert the property in the tourist rental circuit. Castiglione d'Orcia is within walking distance, in fact all services can be easily reached on foot. The main destinations of the Val d'Orcia, such as Bagno Vignoni, San Quirico, Pienza, Montalcino, can be easily reached in 10/30 minutes. The nearest airports are Florence (125 km) and Rome (210 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 in name of natural person.
This interesting property is located in a spectacular panoramic position over the Val d'Orcia, in the municipality of Castiglione d'Orcia and is on three levels as follows. The main entrance is on the ground floor where there is a kitchen, double living room with fireplace, 3 bedrooms and a bathroom. There is also a terrace that surrounds two sides of the house with suggestive views of the valley. On the first floor there is a covered terrace, 5 rooms and a bathroom. The basement houses a garage, a cellar, a storage room under the stairs and 3 unfinished rooms. The property is equipped with all utilities. The water supply is guaranteed by the public aqueduct. The property was built in the 1960s and is in need of modernisation. The property is perfect both as a main residence and as a holiday home. Very interesting also as an investment to insert the property in the tourist rental circuit. Castiglione d'Orcia is within walking distance, in fact all services can be easily reached on foot. The main destinations of the Val d'Orcia, such as Bagno Vignoni, San Quirico, Pienza, Montalcino, can be easily reached in 10/30 minutes. The nearest airports are Florence (125 km) and Rome (210 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 in name of natural person.
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Currency Exchange
Castiglione d'Orcia, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
Castiglione d'Orcia, 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 €370,000 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 |
|---|---|---|---|
| €370,000 | £304,843 | £321,193 | £16,350 |
| Property Price € | €370,000 |
| Minimum cost in the last six months | £304,843 |
| Maximum cost in the last six months | £321,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,350 |
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 £16,350 more.
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