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This new penthouse is located very close to the Retiro park
Madrid, Madrid, Spain, 28009
REF: 295915
€1,296,200
Description
This new penthouse is located very close to the Retiro park. It is presented recently finished with the best quality materials and with three bedrooms, two of which are ensuite. Upon entering, we find the stairs that give access to the 99 m terrace, which offers views of the Retiro Park. To the left of the entrance is the kitchen and from the hall we access the bright living room with large floor-to-ceiling windows. Through a hallway you access the rest of the house: a bathroom, the master bedroom suite with dressing room, a bedroom with fitted wardrobes and the other bedroom suite, with a closet. The kitchen is equipped with high-end appliances and Neolith countertop. The heating is underfloor heating, with heating chronostermostat via wifi. Please contact us for further information.
This new penthouse is located very close to the Retiro park. It is presented recently finished with the best quality materials and with three bedrooms, two of which are ensuite. Upon entering, we find the stairs that give access to the 99 m terrace, which offers views of the Retiro Park. To the left of the entrance is the kitchen and from the hall we access the bright living room with large floor-to-ceiling windows. Through a hallway you access the rest of the house: a bathroom, the master bedroom suite with dressing room, a bedroom with fitted wardrobes and the other bedroom suite, with a closet. The kitchen is equipped with high-end appliances and Neolith countertop. The heating is underfloor heating, with heating chronostermostat via wifi. Please contact us for further information.
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Currency Exchange
Madrid, Madrid, Spain, 28009
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €1,296,200 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 |
|---|---|---|---|
| €1,296,200 | £1,102,664 | £1,134,732 | £32,068 |
| Property Price € | €1,296,200 |
| Minimum cost in the last six months | £1,102,664 |
| Maximum cost in the last six months | £1,134,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,068 |
Madrid, Madrid, Spain, 28009
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain 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 €1,296,200 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 |
|---|---|---|---|
| €1,296,200 | £1,102,664 | £1,134,732 | £32,068 |
| Property Price € | €1,296,200 |
| Minimum cost in the last six months | £1,102,664 |
| Maximum cost in the last six months | £1,134,732 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,068 |
The exchange rate on the day you make an offer on your property in Spain 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 £32,068 more.
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