A growing number of buyers from the UK and the US are taking out mortgages in Euros and could potentially save thousands of pounds by repaying the loan as the pound and dollar continue to rise against the Euro. The promise of a better exchange rate is encouraging more people to make the purchase they've been putting off. Anxiety about the state of the Euro zone economies has impacted on the strength of the Euro, Sterling could be back to €1.20 in the next few months. Italian property will ultimately become cheaper to buy and we are seeing more and more buyers back in the Italian property market.
Realpoint can offer clients Euro mortgages at rates which are hard to beat. In Umbria, at Torre de Monaldeschi for example, an interest rate of 1.82% over a twenty-five year term is available while price discounts at Podere Ampella in Tuscany and Apartment Belvedere on Lake Como continue to offer clients outstanding value for money. The combination of a strengthening Pound, low interest rates on Euro mortgages and the discounts available on selected Italian properties plus the strong rental market for Italian holiday homes makes the words of the Roman poet Horace all too true "Carpe Diem" - seize the moment - to purchase your home in Italy.
If you want to know more about these remarkable offers and the services Realpoint can offer you, don't delay! contact us to secure your Italian home.
Torre De Monaldeschi
Environment and architecture are the essence of Torre de Monaldeschi. Winner of the International Property Award for Italy's best development, Torre de Monaldeschi is an unique lifestyle experience, a dream come true in Umbria. When you purchase at Torre de Monaldeschi you will be able to take advantage of Euro mortgages at the very attractive rate of 1.82% and with maximum terms of 25 years available and rental management already in place your dream home in Umbria could pay for itself and provide you with an income At Torre de Monaldeschi all of the properties are individually designed. Laid across one or two floors, the villas, townhouses and apartments have one to four bedrooms, private gardens and terraces.
Prices From € 213,000
Realpoint is pleased to announce further price reductions in 2010 of up to 70,000 Euros on villas at Podere Ampella . If you opt for the developers mortgage with the local bank, low rates of 2.65% are on offer and they will lend 50% to 60% of the value without the need for a mortgage application to be made - the mortgage offer is guaranteed. If you are looking for a higher LTV mortgage we can arrange that through our broker.Not only is this a great investment opportunity with a rental guarantee of 5% and high capital growth projections but it also allows you to live a relaxed Tuscan lifestyle in the idyllic setting of this unique Borgo close to San Giovanni D'Asso and Montalcino, knowing your investment is growing in value all the time!
The exclusive Podere Ampella development offers a limited number of select two or three bedroom key ready villas and town houses designed by a prestigious Florence based architect. The development is fully operational with rentals all year round and a restaurant and cafe where you can sample excellent Tuscan cuisine.
Discounted Prices from € 385,000
Apartment Belvedere Lake Como
Belvedere is a small private development of 16 beautifully finished apartments, all finished and key-ready, located just above the town of Bellano, with spectacular views over Lake Como.
Prices of these Lake view apartments start from just €130,865. Mortgages of up to 80% can be arranged for clients and with a discount of 30% currently available, the package is even more attractive. For Lake Como this is an exceptional price. Reservations are advised to avoid missing out on this wonderful offer.
If you want to hear more about these wonderful opportunities or speak to our mortgage adviser about arranging a Euro mortgage contact us today and we will be happy to discuss your Italian property requirements.
Realpoint markets a wide range of properties throughout Italy, France, Greece and Turkey and offers a personalised service to all potential buyers, speaking in English and advising clients every step of the way. Realpoint PropertyBeverley, East Yorkshire, UK
Tel. +44 (0)845 331 2812 (local call in UK)