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Lake-view villa in dominant position
Magione, Umbria, Italy, 06063
REF: 949369
€220,000
Description
On a hill, with wide view of the lake, small villa in excellent condition with possibility of extension. Land around with olive trees On the south-facing side of Lake Trasimeno, in a hilly and dominant position, a small villa all on one floor with a wonderful wide-ranging view of the lake and Polvese Island. The small villa, recently built, measures approx. 70 sqm and includes a living room with kitchenette, double bedroom, utility room and two bathrooms. There is also a basement area of about 50 sqm.Outside, there is a porch with a veranda ideal for summer lunches and dinners, and land of 3,500 sqm with about fifty olive trees, an independent well, barbecue and brick tool shed. The land is both olive grove and partly woodland.Heating by LPG and pellet stove, communal water. The villa is sold complete with furnishings.
On a hill, with wide view of the lake, small villa in excellent condition with possibility of extension. Land around with olive trees On the south-facing side of Lake Trasimeno, in a hilly and dominant position, a small villa all on one floor with a wonderful wide-ranging view of the lake and Polvese Island. The small villa, recently built, measures approx. 70 sqm and includes a living room with kitchenette, double bedroom, utility room and two bathrooms. There is also a basement area of about 50 sqm.Outside, there is a porch with a veranda ideal for summer lunches and dinners, and land of 3,500 sqm with about fifty olive trees, an independent well, barbecue and brick tool shed. The land is both olive grove and partly woodland.Heating by LPG and pellet stove, communal water. The villa is sold complete with furnishings.
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Currency Exchange
Magione, Umbria, Italy, 06063
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 |
Magione, Umbria, Italy, 06063
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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