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Lucas Fox is pleased to present this unique property in the prestigious Lista neighbourhood , in the Salamanca district, Madrid
Madrid, Madrid, Spain, 28006
REF: 742829
€2,950,000
Description
Lucas Fox is pleased to present this unique property in the prestigious Lista neighbourhood , in the Salamanca district, Madrid. This impressive 348 m apartment is located in an emblematic building built in the 1950s, with an elegant period entrance lobby . The property is presented completely to be renovated, so that the new owners can design and personalize it according to their tastes and needs. It is located on the second floor, so it enjoys abundant natural light that comes in through its large windows. In addition, its high ceilings give it a traditional touch, as well as a feeling of maximum spaciousness. Upon entering the property, the spacious entrance hall gives way to multiple living rooms, a large dining room with an impressive 8 m terrace overlooking a large courtyard with abundant natural light. The kitchen has its informal dining area . Additionally, you will find a full bathroom and a separate entrance that adds flexibility to the property. The night area benefits from a total of nine rooms, five of them bedrooms, and three bathroom. One of the bedrooms stands out for its spaciousness and offers views of the courtyard facing north. This impressive apartment has two storage rooms. La Finca has a physical concierge and offers two parking spaces managed by a company in which the neighbors have a shareholding. Don't miss the opportunity to personalize this unique property in the heart of Salamanca. Contact us for more information and to schedule a visit.
Lucas Fox is pleased to present this unique property in the prestigious Lista neighbourhood , in the Salamanca district, Madrid. This impressive 348 m apartment is located in an emblematic building built in the 1950s, with an elegant period entrance lobby . The property is presented completely to be renovated, so that the new owners can design and personalize it according to their tastes and needs. It is located on the second floor, so it enjoys abundant natural light that comes in through its large windows. In addition, its high ceilings give it a traditional touch, as well as a feeling of maximum spaciousness. Upon entering the property, the spacious entrance hall gives way to multiple living rooms, a large dining room with an impressive 8 m terrace overlooking a large courtyard with abundant natural light. The kitchen has its informal dining area . Additionally, you will find a full bathroom and a separate entrance that adds flexibility to the property. The night area benefits from a total of nine rooms, five of them bedrooms, and three bathroom. One of the bedrooms stands out for its spaciousness and offers views of the courtyard facing north. This impressive apartment has two storage rooms. La Finca has a physical concierge and offers two parking spaces managed by a company in which the neighbors have a shareholding. Don't miss the opportunity to personalize this unique property in the heart of Salamanca. Contact us for more information and to schedule a visit.
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Currency Exchange
Madrid, Madrid, Spain, 28006
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,509,536 | £2,585,646 | £76,110 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,509,536 |
| Maximum cost in the last six months | £2,585,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,110 |
Madrid, Madrid, Spain, 28006
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,509,536 | £2,585,646 | £76,110 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,509,536 |
| Maximum cost in the last six months | £2,585,646 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,110 |
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 £76,110 more.
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