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Historic palace with balconies in excellent conditions
Castiglione del Lago, Umbria, Italy, 06061
REF: 944284
€140,000
Description
In the village of Macchie, historic palace with balconies in the centre of the village. Excellent conditions. In the hamlet of Macchie, not far from Panicale historic centre and from Castiglione del lago, portion of historic building of 260 sqm arranged on three levels plus large attic, composed as follows:Ground floor: living room with built-in kitchenette, laundry room, two small storage rooms under the stairs and staircase leading to the first floor;First floor: habitable kitchen with large fireplace, large frescoed living room with access to balcony, two bedrooms and bathroom;Second floor: corridor with access to the terrace, three frescoed double bedrooms one of which with terrace, bathroom with shower and storeroom;Third floor: three large attic rooms.Excellent condition. Roof and fa ade completely redone. Very bright.
In the village of Macchie, historic palace with balconies in the centre of the village. Excellent conditions. In the hamlet of Macchie, not far from Panicale historic centre and from Castiglione del lago, portion of historic building of 260 sqm arranged on three levels plus large attic, composed as follows:Ground floor: living room with built-in kitchenette, laundry room, two small storage rooms under the stairs and staircase leading to the first floor;First floor: habitable kitchen with large fireplace, large frescoed living room with access to balcony, two bedrooms and bathroom;Second floor: corridor with access to the terrace, three frescoed double bedrooms one of which with terrace, bathroom with shower and storeroom;Third floor: three large attic rooms.Excellent condition. Roof and fa ade completely redone. Very bright.
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Currency Exchange
Castiglione del Lago, Umbria, Italy, 06061
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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,346 | £118,453 | £3,107 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,346 |
| Maximum cost in the last six months | £118,453 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,107 |
Castiglione del Lago, Umbria, Italy, 06061
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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,346 | £118,453 | £3,107 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,346 |
| Maximum cost in the last six months | £118,453 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,107 |
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 £3,107 more.
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