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3 bedrooms country house/farmhouse
Villa Basilica (Lucca), Tuscany, Italy
REF: 931481
€420,000
Description
Former farmhouse, high spec renovation with land ||| Villa Basilica, Lucca. Large farmhouse measuring approximately 300 m2, surrounded by terraces was completely renovated in 2020; The house is set on three levels and accompanied by 2 hectares of land. Basement; there are five rooms used as a cellar, storage rooms and a technical room where we find the boiler and various components of the heating system are housed, a bathroom and a porch where there is a characteristic wood-burning pizza oven and the external staircase leading to the upper floor Ground floor; consists of a bright living room, large kitchen with exposed wooden roof which leads to two terraces, one larger with pergola and outdoor kitchenette, ideal for outdoor dinners. The other terrace is partly covered with shed currently used as a service space but is ideal for a small relaxation corner; on this level there are also two closets, a laundry room, a bathroom and two bedrooms. First floor ; we find a hallway and two bedrooms, all with an exposed beamed roof. The property has been completely renovated very recently, with excellent quality finishes and systems; the heating system is of the underfloor type, powered by pellets combined with wood. External space: complete with large land measuring 2 hectares; the space surrounding the house is developed on terraces, partly used as a garden, partly as an olive grove; the remaining land is for forest use.
Former farmhouse, high spec renovation with land ||| Villa Basilica, Lucca. Large farmhouse measuring approximately 300 m2, surrounded by terraces was completely renovated in 2020; The house is set on three levels and accompanied by 2 hectares of land. Basement; there are five rooms used as a cellar, storage rooms and a technical room where we find the boiler and various components of the heating system are housed, a bathroom and a porch where there is a characteristic wood-burning pizza oven and the external staircase leading to the upper floor Ground floor; consists of a bright living room, large kitchen with exposed wooden roof which leads to two terraces, one larger with pergola and outdoor kitchenette, ideal for outdoor dinners. The other terrace is partly covered with shed currently used as a service space but is ideal for a small relaxation corner; on this level there are also two closets, a laundry room, a bathroom and two bedrooms. First floor ; we find a hallway and two bedrooms, all with an exposed beamed roof. The property has been completely renovated very recently, with excellent quality finishes and systems; the heating system is of the underfloor type, powered by pellets combined with wood. External space: complete with large land measuring 2 hectares; the space surrounding the house is developed on terraces, partly used as a garden, partly as an olive grove; the remaining land is for forest use.
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Currency Exchange
Villa Basilica (Lucca), 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £364,598 | £18,560 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,560 |
Villa Basilica (Lucca), 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £346,038 | £364,598 | £18,560 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £346,038 |
| Maximum cost in the last six months | £364,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,560 |
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 £18,560 more.
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