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Villa Arcobaleno - San Lorenzo Small but perfectly formed, Villa Arcobaleno is a one-bedroom holiday home in a spacious estate near Noto on Sicily's southern tip
Noto, Syracuse, Italy
REF: 957421
€180,000
Description
Villa Arcobaleno - San Lorenzo Small but perfectly formed, Villa Arcobaleno is a one-bedroom holiday home in a spacious estate near Noto on Sicily's southern tip. BEAUTIFULLY RENOVATED, INSIDE AND OUT Renovation work over the past eight years has turned a characterful but run-down farm cottage into a really lovely modern holiday home. The property has been remade from terracotta tiled floor to insulated roof. There is fine-grained plaster on the wall, and lovely exposed timbers on the ceiling. The terrace has had a fixed veranda added, and the garden has also now got a stone barbecue oven that will keep you well fed for years to come. The natural stone driveway is another lovely touch. Indoors, the finishings are built to last, especially in the kitchen, where the cupboards have been installed in brick and tile, the traditional Sicilian fashion. There's air conditioning for the summer and an efficient pellet-burning stove for the short winters. Even better, all of the furniture will be included in the sale. Just pack your suitcases! Superb Location Steeped in Natural Beauty and History The detached home is found at the end of a long country lane that extends into the outer edges of a nature reserve called the Oasi Faunistica di Vendicari. This runs along 10km of south Sicily's Ionian coast, taking in some wonderful sandy beaches and fertile flatlands. If you're a history buff, you'll be charmed by the nearby fishing villages, and dazzled by the Baroque towns of the Val di Noto, right on your doorstep. The collection of architectural treasures has been afforded World Heritage Site status by UNESCO in 2002. VERY STRONG POTENTIAL FOR RENTAL INCOME It's wonderful to know that any time you can fly down to the sunshine, your very own holiday property will be waiting for you. But when life keeps you elsewhere, you can be sure that many others will be queuing up to take advantage of this beautiful property. The current owners have had it listed on Booking.com, AirBnb and various other sites for two years now, and the interest has been through the roof. The villa hit a 9.6 rating on Booking, and several of the reservations for 2024 were returning clients from 2023. The friendly couple are very willing to share their materials and insights into the market. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
Villa Arcobaleno - San Lorenzo Small but perfectly formed, Villa Arcobaleno is a one-bedroom holiday home in a spacious estate near Noto on Sicily's southern tip. BEAUTIFULLY RENOVATED, INSIDE AND OUT Renovation work over the past eight years has turned a characterful but run-down farm cottage into a really lovely modern holiday home. The property has been remade from terracotta tiled floor to insulated roof. There is fine-grained plaster on the wall, and lovely exposed timbers on the ceiling. The terrace has had a fixed veranda added, and the garden has also now got a stone barbecue oven that will keep you well fed for years to come. The natural stone driveway is another lovely touch. Indoors, the finishings are built to last, especially in the kitchen, where the cupboards have been installed in brick and tile, the traditional Sicilian fashion. There's air conditioning for the summer and an efficient pellet-burning stove for the short winters. Even better, all of the furniture will be included in the sale. Just pack your suitcases! Superb Location Steeped in Natural Beauty and History The detached home is found at the end of a long country lane that extends into the outer edges of a nature reserve called the Oasi Faunistica di Vendicari. This runs along 10km of south Sicily's Ionian coast, taking in some wonderful sandy beaches and fertile flatlands. If you're a history buff, you'll be charmed by the nearby fishing villages, and dazzled by the Baroque towns of the Val di Noto, right on your doorstep. The collection of architectural treasures has been afforded World Heritage Site status by UNESCO in 2002. VERY STRONG POTENTIAL FOR RENTAL INCOME It's wonderful to know that any time you can fly down to the sunshine, your very own holiday property will be waiting for you. But when life keeps you elsewhere, you can be sure that many others will be queuing up to take advantage of this beautiful property. The current owners have had it listed on Booking.com, AirBnb and various other sites for two years now, and the interest has been through the roof. The villa hit a 9.6 rating on Booking, and several of the reservations for 2024 were returning clients from 2023. The friendly couple are very willing to share their materials and insights into the market. FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
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Currency Exchange
Noto, Syracuse, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £152,645 | £4,343 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £152,645 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,343 |
Noto, Syracuse, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £148,302 | £152,645 | £4,343 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £148,302 |
| Maximum cost in the last six months | £152,645 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,343 |
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 £4,343 more.
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