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Casa Terrazze Martini - Ortigia House with two apartments and two terraces in one of the most renowned areas of Sicily
Siracusa, Syracuse, Italy
REF: 924504
€300,000
Description
Casa Terrazze Martini - Ortigia House with two apartments and two terraces in one of the most renowned areas of Sicily. Property A few steps from the sea a beautiful building divided into two apartments in the center of Ortigia. The building is located in Vicolo III Mastrarua very close to the sea. It is divided into two apartments: ground floor and second floor and two beautiful terraces of 16 sqm sea view. The ground floor, about 30 sq m, consists of a single room with kitchen, bed and bathroom. The second floor, about 70 sq m, consists instead of kitchen, bathroom and bedroom; here there is access to the two terraces to a balcony. The state of the property is in good condition as it has been recently renovated. The two apartments have separate entrances. The entire building has heat pumps and air conditioning and is sold with all furniture. To date it is used as a vacation home with an excellent annual yield. Surroundings Just 100 square meters from the sea in the center of Ortigia, from here just a 5-minute walk you can reach Castello Maniace walking along the seafront of Ortigia. Nearby there are several restaurants, pizzerias, pharmacies, supermarkets and everything you need. Ortigia is a Sicilian pearl, known worldwide for its Greek Theater, the very rich Archaeological Park and the picturesque island of Ortigia. It is only 10 minutes from Noto,or the city of Baroque, and about 60 km from Catania airport.
Casa Terrazze Martini - Ortigia House with two apartments and two terraces in one of the most renowned areas of Sicily. Property A few steps from the sea a beautiful building divided into two apartments in the center of Ortigia. The building is located in Vicolo III Mastrarua very close to the sea. It is divided into two apartments: ground floor and second floor and two beautiful terraces of 16 sqm sea view. The ground floor, about 30 sq m, consists of a single room with kitchen, bed and bathroom. The second floor, about 70 sq m, consists instead of kitchen, bathroom and bedroom; here there is access to the two terraces to a balcony. The state of the property is in good condition as it has been recently renovated. The two apartments have separate entrances. The entire building has heat pumps and air conditioning and is sold with all furniture. To date it is used as a vacation home with an excellent annual yield. Surroundings Just 100 square meters from the sea in the center of Ortigia, from here just a 5-minute walk you can reach Castello Maniace walking along the seafront of Ortigia. Nearby there are several restaurants, pizzerias, pharmacies, supermarkets and everything you need. Ortigia is a Sicilian pearl, known worldwide for its Greek Theater, the very rich Archaeological Park and the picturesque island of Ortigia. It is only 10 minutes from Noto,or the city of Baroque, and about 60 km from Catania airport.
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Currency Exchange
Siracusa, Syracuse, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,170 | £257,835 | £10,665 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,170 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
Siracusa, Syracuse, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £247,170 | £257,835 | £10,665 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £247,170 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,665 |
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 £10,665 more.
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