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Apartment in Tuscany
Montepulciano, 85, Italy
REF: 933744
€400,000
Description
This elegant apartment is located in a historic building in the heart of Montepulciano, served by a lift and is spread over three floors as follows. The entrance is on the second floor and from here there is access to the living room with kitchenette from which there is a beautiful view over the historic centre and the countryside as far as Lake Trasimeno. On the lower floor there is a bedroom with bathroom. The third floor is reached by an internal staircase and also has independent access from the condominium stairs or by lift. On this floor there is a bedroom with bathroom. The apartment is supplied with all utilities. Methane heating is centralised. Water is supplied by the public aqueduct. The apartment is inside a historical building dating back to 1500. The entire building including the apartment underwent a careful and meticulous renovation in 2016-2018. The property has an elegant Tuscan style, enriched by luxury furnishings. The property is suitable for use as a private residence and is also perfect as an investment for tourist rentals. All services can be easily reached on foot. Within walking distance there are bars, restaurants, wine bars and shops. Pienza is 14 km away, Cortona 34 km, Montalcino 35 km, Siena 68 km and Arezzo 56 km. The nearest airports are Perugia (75 km), Florence (125 km) and Rome (205 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 persona.
This elegant apartment is located in a historic building in the heart of Montepulciano, served by a lift and is spread over three floors as follows. The entrance is on the second floor and from here there is access to the living room with kitchenette from which there is a beautiful view over the historic centre and the countryside as far as Lake Trasimeno. On the lower floor there is a bedroom with bathroom. The third floor is reached by an internal staircase and also has independent access from the condominium stairs or by lift. On this floor there is a bedroom with bathroom. The apartment is supplied with all utilities. Methane heating is centralised. Water is supplied by the public aqueduct. The apartment is inside a historical building dating back to 1500. The entire building including the apartment underwent a careful and meticulous renovation in 2016-2018. The property has an elegant Tuscan style, enriched by luxury furnishings. The property is suitable for use as a private residence and is also perfect as an investment for tourist rentals. All services can be easily reached on foot. Within walking distance there are bars, restaurants, wine bars and shops. Pienza is 14 km away, Cortona 34 km, Montalcino 35 km, Siena 68 km and Arezzo 56 km. The nearest airports are Perugia (75 km), Florence (125 km) and Rome (205 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 persona.
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Currency Exchange
Montepulciano, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £344,336 | £14,776 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £344,336 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,776 |
Montepulciano, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £344,336 | £14,776 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £344,336 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,776 |
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 £14,776 more.
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