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Townhouse in the old centre with grotto
Monteleone d'Orvieto, Umbria, Italy, 05017
REF: 944365
€160,000
Description
Monteleone d'Orvieto, in the historic centre, detached house with studio, flat and grotto In the beautiful historic centre of Monteleone d'Orvieto, lies this townhouse measuring approximately 180 sq m on two levels, with on the ground floor a finely renovated studio flat with independent entrance, comprising living room with kitchenette and sofa bed, bathroom with shower; cellar with typical grotto; and entrance to the flat on the upper floor via internal staircase; on the first floor there is a hallway, living room, kitchen with laundry, two double bedrooms, a small bedroom and bathroom.The property, in good condition, lends itself well both as a main residence and as a Bed & Breakfast or other tourist activity. Diesel heating system with predisposition to be connected to the town gas.
Monteleone d'Orvieto, in the historic centre, detached house with studio, flat and grotto In the beautiful historic centre of Monteleone d'Orvieto, lies this townhouse measuring approximately 180 sq m on two levels, with on the ground floor a finely renovated studio flat with independent entrance, comprising living room with kitchenette and sofa bed, bathroom with shower; cellar with typical grotto; and entrance to the flat on the upper floor via internal staircase; on the first floor there is a hallway, living room, kitchen with laundry, two double bedrooms, a small bedroom and bathroom.The property, in good condition, lends itself well both as a main residence and as a Bed & Breakfast or other tourist activity. Diesel heating system with predisposition to be connected to the town gas.
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Currency Exchange
Monteleone d'Orvieto, Umbria, Italy, 05017
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £135,374 | £3,550 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £135,374 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,550 |
Monteleone d'Orvieto, Umbria, Italy, 05017
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 €160,000 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 |
|---|---|---|---|
| €160,000 | £131,824 | £135,374 | £3,550 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £131,824 |
| Maximum cost in the last six months | £135,374 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,550 |
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 £3,550 more.
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