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Citt della Pieve, countryside hamlet in peaceful location
Citt della Pieve, Umbria, Italy, 06062
REF: 944443
€200,000
Description
Ancient countryside hamlet with main building finely restored in its structural parts, detached farmhouse, two outbuildings and agricultural land. Ancient countryside hamlet with main building - skilfully restored from a structural point of view -, detached farmhouse, two outbuildings and agricultural land. Borgo Marciano is a very quiet and peaceful place within few kilometers from the historic centre of Citt della Pieve and lovely views over the valley and on Lake Trasimeno.The main part of the borgo is made up of two large units each with independent entrance, both on three levels with old stables on the ground floor, large living areas on the first floor and bedrooms on the second floor. The restoration carried was aimed at maintaining its authentic feel. To be finished internally, it is very suitable both as an important private home and as holiday accommodation. The property includes independent farmhouse of approx. 200 sq.m. and two outbuildings to be restored. Everything surrounded by two hectares of land with olive trees. Very good investment. Price for the edge portion with the two outbuildings and 1 hectare of land 200,000; Price for the central portion together with the farmhouse and the remaining land 200,000; Price for the entire property 370,000
Ancient countryside hamlet with main building finely restored in its structural parts, detached farmhouse, two outbuildings and agricultural land. Ancient countryside hamlet with main building - skilfully restored from a structural point of view -, detached farmhouse, two outbuildings and agricultural land. Borgo Marciano is a very quiet and peaceful place within few kilometers from the historic centre of Citt della Pieve and lovely views over the valley and on Lake Trasimeno.The main part of the borgo is made up of two large units each with independent entrance, both on three levels with old stables on the ground floor, large living areas on the first floor and bedrooms on the second floor. The restoration carried was aimed at maintaining its authentic feel. To be finished internally, it is very suitable both as an important private home and as holiday accommodation. The property includes independent farmhouse of approx. 200 sq.m. and two outbuildings to be restored. Everything surrounded by two hectares of land with olive trees. Very good investment. Price for the edge portion with the two outbuildings and 1 hectare of land 200,000; Price for the central portion together with the farmhouse and the remaining land 200,000; Price for the entire property 370,000
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Currency Exchange
Citt della Pieve, Umbria, Italy, 06062
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 €200,000 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 |
|---|---|---|---|
| €200,000 | £164,780 | £169,218 | £4,438 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £164,780 |
| Maximum cost in the last six months | £169,218 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,438 |
Citt della Pieve, Umbria, Italy, 06062
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 €200,000 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 |
|---|---|---|---|
| €200,000 | £164,780 | £169,218 | £4,438 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £164,780 |
| Maximum cost in the last six months | £169,218 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,438 |
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 £4,438 more.
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