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Casetta nel Bosco - Cefal In the hills outside the iconic beach town of Cefal , Casetta nel Bosco offers a buyer who won't shy away from a renovation project the chance to own a sea-view home with a very large garden in a beautiful, quiet spot
Cefal , Palermo, Italy
REF: 939943
€130,000
Description
Casetta nel Bosco - Cefal In the hills outside the iconic beach town of Cefal , Casetta nel Bosco offers a buyer who won't shy away from a renovation project the chance to own a sea-view home with a very large garden in a beautiful, quiet spot. RENOVATE OR REBUILD The cottage as it stands consists of a 60m2 main house, with one bedroom, a living room, kitchen, study and bathroom. Alongside this is a 15m2 wooden shed. The foundations of the main building have begun to move, and this has caused instability of the front wall and cracking at the rear. In addition the roof needs to be redone. Bearing this in mind, we see the most cost-effective move in the long term as being a demolition and new build. You would be able to use the existing footprint of both buildings, giving you a larger two-bedroom home. Alternatively you may be able to find a solution to save the existing cottage, which would obviously be cheaper. OVER 1,300M2 OF HILLSIDE WOODLAND Given the condition of the building, the plot and its position are the real attractions here. The large patch of land is naturally beautiful, with views of the Tyrrhenian Sea, just over a kilometre away and 300m downhill, through the green canopy of trees and foliage. Standing on a little-used country lane with few close neighbours, you are buying peace and seclusion in a spot which, thanks to the leafy shade and sea breeze, has a very comfortable climate all year round. The famous beach town of Cefal is reachable in just ten minutes by car, and it lives up to its lofty reputation. The cobbled streets of its Medieval old town lead you past atmospheric piazzas and alleyways before bringing you to the spectacular square on which stands the town's unique Arab-Norman cathedral, a UNESCO World Heritage Site. In the new town, a fabulous two kilometre strip of golden sand offers a spectacular view of the town's unique skyline, with the twin towers of the cathedral in the shadow of the mountainous outcrop known as La Rocca. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
Casetta nel Bosco - Cefal In the hills outside the iconic beach town of Cefal , Casetta nel Bosco offers a buyer who won't shy away from a renovation project the chance to own a sea-view home with a very large garden in a beautiful, quiet spot. RENOVATE OR REBUILD The cottage as it stands consists of a 60m2 main house, with one bedroom, a living room, kitchen, study and bathroom. Alongside this is a 15m2 wooden shed. The foundations of the main building have begun to move, and this has caused instability of the front wall and cracking at the rear. In addition the roof needs to be redone. Bearing this in mind, we see the most cost-effective move in the long term as being a demolition and new build. You would be able to use the existing footprint of both buildings, giving you a larger two-bedroom home. Alternatively you may be able to find a solution to save the existing cottage, which would obviously be cheaper. OVER 1,300M2 OF HILLSIDE WOODLAND Given the condition of the building, the plot and its position are the real attractions here. The large patch of land is naturally beautiful, with views of the Tyrrhenian Sea, just over a kilometre away and 300m downhill, through the green canopy of trees and foliage. Standing on a little-used country lane with few close neighbours, you are buying peace and seclusion in a spot which, thanks to the leafy shade and sea breeze, has a very comfortable climate all year round. The famous beach town of Cefal is reachable in just ten minutes by car, and it lives up to its lofty reputation. The cobbled streets of its Medieval old town lead you past atmospheric piazzas and alleyways before bringing you to the spectacular square on which stands the town's unique Arab-Norman cathedral, a UNESCO World Heritage Site. In the new town, a fabulous two kilometre strip of golden sand offers a spectacular view of the town's unique skyline, with the twin towers of the cathedral in the shadow of the mountainous outcrop known as La Rocca. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
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Currency Exchange
Cefal , Palermo, 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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,107 | £110,253 | £3,146 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,107 |
| Maximum cost in the last six months | £110,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,146 |
Cefal , Palermo, 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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,107 | £110,253 | £3,146 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,107 |
| Maximum cost in the last six months | £110,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,146 |
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 £3,146 more.
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