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Portion of farmhouse with garden and large detached land
Montegabbione, Umbria, Italy, 05010
REF: 944303
€220,000
Description
In the hamlet of Cerqueto, portion of farmhouse of approx. 180 sqm with lovely garden of approx. 300 sq, with annex and two covered parking spaces as well as detached land of 5.6 hectares with 150 olive trees and vineyard. In a small country hamlet, about 8 km from Fabro and all main services, large portion of farmhouse of 180 sqm on two levels composed as follows:Ground floor: large living area with kitchenette, fireplace and pellet stove, service bathroom with shower, utility room and access to large room in unfinished state currently used as storage but with destination of use already converted to residential surface;First floor: large hallway, master bedroom with walk-in wardrobe and large bathroom with shower, two bedrooms, one of which is a double bedroom, plus large bathroom with shower.The property, in excellent condition, was completely renovated in 2005 and includes a garden of approx. 300 sqm with small annex and two parking spaces as well as detached land of approx. 5.6 hectares, 4 of which arable, with vineyard and 150 olive trees in full production.South-west exposure.
In the hamlet of Cerqueto, portion of farmhouse of approx. 180 sqm with lovely garden of approx. 300 sq, with annex and two covered parking spaces as well as detached land of 5.6 hectares with 150 olive trees and vineyard. In a small country hamlet, about 8 km from Fabro and all main services, large portion of farmhouse of 180 sqm on two levels composed as follows:Ground floor: large living area with kitchenette, fireplace and pellet stove, service bathroom with shower, utility room and access to large room in unfinished state currently used as storage but with destination of use already converted to residential surface;First floor: large hallway, master bedroom with walk-in wardrobe and large bathroom with shower, two bedrooms, one of which is a double bedroom, plus large bathroom with shower.The property, in excellent condition, was completely renovated in 2005 and includes a garden of approx. 300 sqm with small annex and two parking spaces as well as detached land of approx. 5.6 hectares, 4 of which arable, with vineyard and 150 olive trees in full production.South-west exposure.
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Currency Exchange
Montegabbione, Umbria, Italy, 05010
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £186,140 | £4,882 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £186,140 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,882 |
Montegabbione, Umbria, Italy, 05010
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £181,258 | £186,140 | £4,882 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £181,258 |
| Maximum cost in the last six months | £186,140 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,882 |
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 £4,882 more.
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