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Lucas Fox Madrid presents this unique opportunity in the real estate market
Madrid, Madrid, Spain, 28010
REF: 801510
€1,350,000
Description
Lucas Fox Madrid presents this unique opportunity in the real estate market. We present this exclusive apartment in a privileged location in the Chamberí district, Madrid. The apartment has a total area of 138 m , but has been divided into two comfortable and useful outdoor units, each with a double bedroom and a luxurious full bathroom . This layout offers privacy and comfort, ideal for those investors looking for a property ready to rent and with great profitability potential. The kitchens, equipped with the most modern appliances, blend harmoniously with the large living room space and create a cozy and functional atmosphere. However, it is worth highlighting its dazzling views and exceptional luminosity, thanks to the generous windows that fill the spaces with natural light. The residence has central heating and ducted air conditioning in all rooms, for a perfect temperature throughout the year. La Finca has a concierge and three modern elevators. In terms of location, it is located just a few steps from the emblematic Castellana, with the best restaurants, luxury shops and cultural attractions that the city has to offer. In addition to being at the intersection of Almagro and Trafalgar, it is an area that is surrounded by all amenities and has excellent communication by public transport. For more information and visits, do not hesitate to contact us.
Lucas Fox Madrid presents this unique opportunity in the real estate market. We present this exclusive apartment in a privileged location in the Chamberí district, Madrid. The apartment has a total area of 138 m , but has been divided into two comfortable and useful outdoor units, each with a double bedroom and a luxurious full bathroom . This layout offers privacy and comfort, ideal for those investors looking for a property ready to rent and with great profitability potential. The kitchens, equipped with the most modern appliances, blend harmoniously with the large living room space and create a cozy and functional atmosphere. However, it is worth highlighting its dazzling views and exceptional luminosity, thanks to the generous windows that fill the spaces with natural light. The residence has central heating and ducted air conditioning in all rooms, for a perfect temperature throughout the year. La Finca has a concierge and three modern elevators. In terms of location, it is located just a few steps from the emblematic Castellana, with the best restaurants, luxury shops and cultural attractions that the city has to offer. In addition to being at the intersection of Almagro and Trafalgar, it is an area that is surrounded by all amenities and has excellent communication by public transport. For more information and visits, do not hesitate to contact us.
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Currency Exchange
Madrid, Madrid, Spain, 28010
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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,148,432 | £1,183,329 | £34,898 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,148,432 |
| Maximum cost in the last six months | £1,183,329 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,898 |
Madrid, Madrid, Spain, 28010
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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,148,432 | £1,183,329 | £34,898 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,148,432 |
| Maximum cost in the last six months | £1,183,329 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,898 |
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 £34,898 more.
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