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Lucas Fox presents this elegant renovated apartment located on the coveted Almagro Street, in the heart of the Chamberí neighbourhood , one of Madrid's most distinguished residential areas
Madrid, Madrid, Spain, 28010
REF: 959185
€4,700,000
Description
Lucas Fox presents this elegant renovated apartment located on the coveted Almagro Street, in the heart of the Chamberí neighbourhood , one of Madrid's most distinguished residential areas . This exclusive property is located on the fourth floor and offers 303 m of built area, with a thoughtful layout that combines spaciousness, light, and functionality. The property has four bedrooms and five bathrooms. Three of the bedrooms are doubles, each with an en-suite bathroom and dressing room, while the fourth, a single, is perfectly suited as a staff bedroom, study , or additional space depending on the owner's needs. Two separate bathrooms complete the day area . The spacious dining room living room is a highlight, a generous space filled with natural light thanks to its large windows and northwest exposure. From here, you can access a pleasant 7 m private terrace, ideal for relaxing. The property is completed with a double parking space and a storage room, included in the price, which offers added value of comfort and practicality in this central location. Located on a quiet, tree-lined street, yet with immediate access to all amenities, shopping areas , restaurants, and transport links, this apartment offers the best of Chamberí: sophisticated residential living in the heart of Madrid, with the vibrancy of the capital just steps away.
Lucas Fox presents this elegant renovated apartment located on the coveted Almagro Street, in the heart of the Chamberí neighbourhood , one of Madrid's most distinguished residential areas . This exclusive property is located on the fourth floor and offers 303 m of built area, with a thoughtful layout that combines spaciousness, light, and functionality. The property has four bedrooms and five bathrooms. Three of the bedrooms are doubles, each with an en-suite bathroom and dressing room, while the fourth, a single, is perfectly suited as a staff bedroom, study , or additional space depending on the owner's needs. Two separate bathrooms complete the day area . The spacious dining room living room is a highlight, a generous space filled with natural light thanks to its large windows and northwest exposure. From here, you can access a pleasant 7 m private terrace, ideal for relaxing. The property is completed with a double parking space and a storage room, included in the price, which offers added value of comfort and practicality in this central location. Located on a quiet, tree-lined street, yet with immediate access to all amenities, shopping areas , restaurants, and transport links, this apartment offers the best of Chamberí: sophisticated residential living in the heart of Madrid, with the vibrancy of the capital just steps away.
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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 €4,700,000 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 |
|---|---|---|---|
| €4,700,000 | £3,872,330 | £4,080,023 | £207,693 |
| Property Price € | €4,700,000 |
| Minimum cost in the last six months | £3,872,330 |
| Maximum cost in the last six months | £4,080,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £207,693 |
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 €4,700,000 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 |
|---|---|---|---|
| €4,700,000 | £3,872,330 | £4,080,023 | £207,693 |
| Property Price € | €4,700,000 |
| Minimum cost in the last six months | £3,872,330 |
| Maximum cost in the last six months | £4,080,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £207,693 |
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 £207,693 more.
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