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Farmhouse-rustico in Umbria
Citt della Pieve, 84, Italy
REF: 954145
€900,000
Description
The first traces of the villa date back to the 13th century. Towards the 19th century it became the property of a noble family who renovated it as we see it today. The villa comprises two floors above ground and several underground grottos. The current owners acquired it in the 1980s and renovated the then uninhabited building. On the ground floor there are 1 kitchen, 1 dining room, 1 frescoed living room (countryside images, recovered and restored by two famous painters), 1 bathroom, 1 study, 2 closets. On the upper floor there are a common area, 5 bedrooms, and 2 bathrooms. There is a large garage with an entrance on the external walls of the villa. In the garden there are two small storage rooms and a well. The villa is regularly connected to utilities such as methane gas, electricity, and water. The villa is ready to move in, although it needs maintenance work. The floors are ceramic, the windows are single glazed, the internal doors are wooden. The property, as it is, is ideal as a permanent residence - with the right renovation efforts it could be used as a tourist rental. Just a few steps from the historic town centre, 15 km from the A1 motorway Milan-Naples, 10 km from the railway station (Florence-Rome line), 180 km from Fiumicino international airport, 100 km from Florence, 70 km from Siena. For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence. This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property. As a historic building, the property is under the protection of the superintendency.
The first traces of the villa date back to the 13th century. Towards the 19th century it became the property of a noble family who renovated it as we see it today. The villa comprises two floors above ground and several underground grottos. The current owners acquired it in the 1980s and renovated the then uninhabited building. On the ground floor there are 1 kitchen, 1 dining room, 1 frescoed living room (countryside images, recovered and restored by two famous painters), 1 bathroom, 1 study, 2 closets. On the upper floor there are a common area, 5 bedrooms, and 2 bathrooms. There is a large garage with an entrance on the external walls of the villa. In the garden there are two small storage rooms and a well. The villa is regularly connected to utilities such as methane gas, electricity, and water. The villa is ready to move in, although it needs maintenance work. The floors are ceramic, the windows are single glazed, the internal doors are wooden. The property, as it is, is ideal as a permanent residence - with the right renovation efforts it could be used as a tourist rental. Just a few steps from the historic town centre, 15 km from the A1 motorway Milan-Naples, 10 km from the railway station (Florence-Rome line), 180 km from Fiumicino international airport, 100 km from Florence, 70 km from Siena. For each property offered, the Great Estate group conducts via the seller's technician a technical due diligence. This allows us to know in detail the urbanistic planning and cadastral circumstances of each property. This due diligence may be requested by the client at the time of a real interest in the property. As a historic building, the property is under the protection of the superintendency.
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Currency Exchange
Citt della Pieve, 84, Italy
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £761,481 | £19,971 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £761,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,971 |
Citt della Pieve, 84, Italy
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £761,481 | £19,971 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £761,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,971 |
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 £19,971 more.
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