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apartment in the old centre with lake views
Panicale, Umbria, Italy, 06064
REF: 944420
€170,000
Description
Panicale, independent apartment of approx. 105 sqm on two levels with lake views. Investment opportunity. Inside the historic centre of the stunning Medieval village, lovely independent apartment of approx. 105 sqm on two levels with double access, divided as follows:Ground floor: large living room with barbecue, kitchenette, storage space and bathroom with shower;First floor: living room with fireplace, two large double bedrooms with stunning view of the Trasimeno Lake and bathroom with bath tub.The proeprty is in excellent conditions. The roof has been recently redone. Close to the services. Investment opportunity.
Panicale, independent apartment of approx. 105 sqm on two levels with lake views. Investment opportunity. Inside the historic centre of the stunning Medieval village, lovely independent apartment of approx. 105 sqm on two levels with double access, divided as follows:Ground floor: large living room with barbecue, kitchenette, storage space and bathroom with shower;First floor: living room with fireplace, two large double bedrooms with stunning view of the Trasimeno Lake and bathroom with bath tub.The proeprty is in excellent conditions. The roof has been recently redone. Close to the services. Investment opportunity.
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Currency Exchange
Panicale, Umbria, Italy, 06064
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £147,575 | £7,512 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,512 |
Panicale, Umbria, Italy, 06064
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,063 | £147,575 | £7,512 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,063 |
| Maximum cost in the last six months | £147,575 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,512 |
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 £7,512 more.
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