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Lucas Fox Madrid presents this magnificent duplex in this luxurious residential project located in one of the most prestigious neighborhoods in Madrid, El Viso
Madrid, Madrid, Spain, 28001
REF: 733619
€1,280,000
Description
Lucas Fox Madrid presents this magnificent duplex in this luxurious residential project located in one of the most prestigious neighborhoods in Madrid, El Viso. The communal areas of the building have been renovated, as well as this beautiful property located on the ground floor, with two floors. Upon entering the property, there is the kitchen, a dining area, a guest toilet and transparent stairs of modern design that offer a lot of visibility and also allow natural light to enter the entire property. On the upper floor , we find a bright family-friendly living room , a study, a full bathroom and two bedrooms, including the main bedroom with a private bathroom. The property includes home automation, underfloor heating heating, air conditioning, state-of-the-art appliances and a garage space in the price. Keep in mind that, as a buyer, it is important that you are informed about the taxes and additional expenses associated with the purchase of a property in the Community of Madrid. These costs represent a price increase of between 7% and 11%. No fees are charged to the buying party.
Lucas Fox Madrid presents this magnificent duplex in this luxurious residential project located in one of the most prestigious neighborhoods in Madrid, El Viso. The communal areas of the building have been renovated, as well as this beautiful property located on the ground floor, with two floors. Upon entering the property, there is the kitchen, a dining area, a guest toilet and transparent stairs of modern design that offer a lot of visibility and also allow natural light to enter the entire property. On the upper floor , we find a bright family-friendly living room , a study, a full bathroom and two bedrooms, including the main bedroom with a private bathroom. The property includes home automation, underfloor heating heating, air conditioning, state-of-the-art appliances and a garage space in the price. Keep in mind that, as a buyer, it is important that you are informed about the taxes and additional expenses associated with the purchase of a property in the Community of Madrid. These costs represent a price increase of between 7% and 11%. No fees are charged to the buying party.
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Currency Exchange
Madrid, Madrid, Spain, 28001
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 €1,280,000 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 |
|---|---|---|---|
| €1,280,000 | £1,088,883 | £1,120,550 | £31,667 |
| Property Price € | €1,280,000 |
| Minimum cost in the last six months | £1,088,883 |
| Maximum cost in the last six months | £1,120,550 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,667 |
Madrid, Madrid, Spain, 28001
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 €1,280,000 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 |
|---|---|---|---|
| €1,280,000 | £1,088,883 | £1,120,550 | £31,667 |
| Property Price € | €1,280,000 |
| Minimum cost in the last six months | £1,088,883 |
| Maximum cost in the last six months | £1,120,550 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,667 |
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 £31,667 more.
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