Advice on buying first vintage road bike?

I wondered. I think a couple of factors are at play: the original owner is selling, and 500 is in the high-mid range here for classic road bikes with good tubes (around 300 or below is either a good deal or needs some tune-up/repair).
It's a really clean looking bike but if the tubing sticker is original then it't tretubi aelle and in my opinion 550€ is too much for aelle and shimano 600. If you could get one from Germany, Italy or France the prices might be low enough to make it worth (or atleast from what I've seen drooling over the offerings on subito/kleinanzeigen/leboncoin).
 
A bit more sleuthing has me thinking the seller might go for 450—is that more reasonable, or still high?
 
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