Last week I went to check on our house outside falerone: Ok House is stretching it a bit, lets say "part restored farmhouse". I was a lttle scared when I heard a noise upstairs.
Hi, I am shocked at the price of our gas from the bomolonne and want to get Italgas in fro all of the apartments. I wanted to get in touch with Italgas but the number on the site is only for gas escapes and not available from outside Italy.
Hi, I really don't like the sound of the pressure and the compromesso in Italian. I am fairly confident that you cant eb bound by a contract that you dont understand. i know this stageisnt notarised but a notary will not pass an act unless you understand the contract fully. I think you are very wise to get this checked out. 5k sounds steep to me. I have a lawyer in le marches whom i trust and who has good english but that may be too far If you want her details please pm me F
I am a member of another forum and I get an email when I get a PM. I also asked for notification when a fellow member posted as I am trying to help them on a particular issue and dont usually have time to check in daily. This doesn't seem to work but it might be a setting I need to enable
My mum is from Fermo and I have been going all my life. I go most months now because of work so count myself very lucky here is my email address [e-mail address removed as requested by the user to the admin] F
The Bank is MPS and we did a building mortgage as a tracker at 1.2 over Euribor. This has worked out well and was structured so we could split it out to buyers. main motive for this was so that people wouldn't have to go through the pain of proving income or wealth. Loans are low LTV at around 30% but it all helps As to new mortgages at that rate: I don't think so. The bank would like to change the basis by refixing but I there is no advantage to that at this stage As for FX, its amazing how we all work so hard to get a deal on a houser and then just give away as much as 1% on FX to these banks F
Hi There I live in Switzerland and bank with UBS and would not recommend that you buy currency with them. I have done so moving cash into Euro and it is very expensive. By far the best method is, as you suggest, to use a currency broker. I can give you the details of the company i use and have had checked out if you wish. The interest rates in Europe are low reflecting the generally low rates around the world. Our bankers in Italy (we build and sell apartments) offer our clients a rate of 1.85% on mortgages as we fixed early. At those kind of rates, which are available, it may make sense to leave cash on deposit and borrow when you find the place you like. Of course, you will need to take advice on this. USD/EUR has done very well and this looks like a good time to buy currency but you should get some yield on it. The yield cannot keep up with the increase in Italian property prices as these are already rising. there was a good article on this recently: if you want it send me a message and I can email it to you I like the photo in your ID. Is it the Roman baths at Fermo? fabrizio
Wonderful countries that i love but we live in Switzerland for now where stuff just works. Even speeding fines work! You get them by mail in around a week and people just drive at 120! Can you imagine that either back in Ireland or Italy Let me know if you need any help Ciao F
Any of us that get a home in Italy are, lets face it, a little Romantic. I have done both: the new build in the old style so we could have the Italian look and still have heating, insulation, showers, windows, AC that works and a partial restoration of our house in Falerone. Objectively, restoring makes little sense but I know that restoring a ruin is a delight. Seeing something rise from the ashes, mending it and then sitting in front of the fire, is just joy. Sure, Italians may not like the houses we choose but we have different priorities: we like a little isolation, we see charming where they just see old-fashioned. We want to be greener and value different things. if this weren't true, we'd all be buying those horrid little linked houses or living in a block. My own dream is to buy a palazzo in Fermo and make it wonderful again. Coming back to your plans and dreams, I think that, if you can afford 300 000 you can have a nicely restored small house and for 400 000 you can have a nicely restored big house. Our part restored house had a new roof, windows, foundations and pointing and we didn't spend a fortune on getting those bits done. Once those structural things are done then it's all fairly predictable. There are good places around 150k that would be worth mending and many of the best view plots (although of course not all) are occupied by older houses You need trusted people and if you want some names I can give these to you very easily. F
Comments posted
They say they can help you to find a lawyer in er, Turkey Not so helpful really
Hi, I really don't like the sound of the pressure and the compromesso in Italian. I am fairly confident that you cant eb bound by a contract that you dont understand. i know this stageisnt notarised but a notary will not pass an act unless you understand the contract fully. I think you are very wise to get this checked out. 5k sounds steep to me. I have a lawyer in le marches whom i trust and who has good english but that may be too far If you want her details please pm me F
I am a member of another forum and I get an email when I get a PM. I also asked for notification when a fellow member posted as I am trying to help them on a particular issue and dont usually have time to check in daily. This doesn't seem to work but it might be a setting I need to enable
My mum is from Fermo and I have been going all my life. I go most months now because of work so count myself very lucky here is my email address [e-mail address removed as requested by the user to the admin] F
The Bank is MPS and we did a building mortgage as a tracker at 1.2 over Euribor. This has worked out well and was structured so we could split it out to buyers. main motive for this was so that people wouldn't have to go through the pain of proving income or wealth. Loans are low LTV at around 30% but it all helps As to new mortgages at that rate: I don't think so. The bank would like to change the basis by refixing but I there is no advantage to that at this stage As for FX, its amazing how we all work so hard to get a deal on a houser and then just give away as much as 1% on FX to these banks F
Hi There I live in Switzerland and bank with UBS and would not recommend that you buy currency with them. I have done so moving cash into Euro and it is very expensive. By far the best method is, as you suggest, to use a currency broker. I can give you the details of the company i use and have had checked out if you wish. The interest rates in Europe are low reflecting the generally low rates around the world. Our bankers in Italy (we build and sell apartments) offer our clients a rate of 1.85% on mortgages as we fixed early. At those kind of rates, which are available, it may make sense to leave cash on deposit and borrow when you find the place you like. Of course, you will need to take advice on this. USD/EUR has done very well and this looks like a good time to buy currency but you should get some yield on it. The yield cannot keep up with the increase in Italian property prices as these are already rising. there was a good article on this recently: if you want it send me a message and I can email it to you I like the photo in your ID. Is it the Roman baths at Fermo? fabrizio
Welcome to the forum The more of us that participate the better it gets! A presto F
Wonderful countries that i love but we live in Switzerland for now where stuff just works. Even speeding fines work! You get them by mail in around a week and people just drive at 120! Can you imagine that either back in Ireland or Italy Let me know if you need any help Ciao F
Hi, you can try this fellow. They have offices in London, Dublin, Italy and Spain http://www.grossomaldonado.com/uk/index_uk.cfm?CFID=194918&CFTOKEN=50857443 Buona Fortuna
Any of us that get a home in Italy are, lets face it, a little Romantic. I have done both: the new build in the old style so we could have the Italian look and still have heating, insulation, showers, windows, AC that works and a partial restoration of our house in Falerone. Objectively, restoring makes little sense but I know that restoring a ruin is a delight. Seeing something rise from the ashes, mending it and then sitting in front of the fire, is just joy. Sure, Italians may not like the houses we choose but we have different priorities: we like a little isolation, we see charming where they just see old-fashioned. We want to be greener and value different things. if this weren't true, we'd all be buying those horrid little linked houses or living in a block. My own dream is to buy a palazzo in Fermo and make it wonderful again. Coming back to your plans and dreams, I think that, if you can afford 300 000 you can have a nicely restored small house and for 400 000 you can have a nicely restored big house. Our part restored house had a new roof, windows, foundations and pointing and we didn't spend a fortune on getting those bits done. Once those structural things are done then it's all fairly predictable. There are good places around 150k that would be worth mending and many of the best view plots (although of course not all) are occupied by older houses You need trusted people and if you want some names I can give these to you very easily. F