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Lucas Fox presents this exceptional apartment for sale in the stately Jerónimos neighbourhood of Madrid
Madrid, Madrid, Spain, 2014
REF: 963422
€9,200,000
Description
Lucas Fox presents this exceptional apartment for sale in the stately Jerónimos neighbourhood of Madrid. It is situated in a prime location, completely surrounded by iconic landmarks such as Retiro Park, the Prado Museum, the Botanical Garden , and the Jerónimos Church. This apartment is located on the ground floor of a landmark building from the early 20th century, with impressive ceiling heights of 3.70 meters and 14 balconies overlooking the street. It has been fully renovated with a designer touch. It has a surface area of 471 m . The day area features two spacious living areas , a large dining room, a separate study area, a sitting/TV area, and a semi-integrated kitchen. The night area offers five bedrooms, each with its own private bathroom. The master bedroom, with over 80 m , has two balconies, a corner sitting area with views of the Retiro Park, two dressing rooms, and an exterior bathroom . The property also includes a guest toilet, utility room , and storage room. The brand-new property comes fully furnished and features high-end appliances . The bathrooms, kitchen, and natural oak floor were supplied by the Porcelanosa Group. The apartment has central air conditioning (hot and cold) and central heating. Its excellent layout, unbeatable location and superb qualities make this property a unique opportunity.
Lucas Fox presents this exceptional apartment for sale in the stately Jerónimos neighbourhood of Madrid. It is situated in a prime location, completely surrounded by iconic landmarks such as Retiro Park, the Prado Museum, the Botanical Garden , and the Jerónimos Church. This apartment is located on the ground floor of a landmark building from the early 20th century, with impressive ceiling heights of 3.70 meters and 14 balconies overlooking the street. It has been fully renovated with a designer touch. It has a surface area of 471 m . The day area features two spacious living areas , a large dining room, a separate study area, a sitting/TV area, and a semi-integrated kitchen. The night area offers five bedrooms, each with its own private bathroom. The master bedroom, with over 80 m , has two balconies, a corner sitting area with views of the Retiro Park, two dressing rooms, and an exterior bathroom . The property also includes a guest toilet, utility room , and storage room. The brand-new property comes fully furnished and features high-end appliances . The bathrooms, kitchen, and natural oak floor were supplied by the Porcelanosa Group. The apartment has central air conditioning (hot and cold) and central heating. Its excellent layout, unbeatable location and superb qualities make this property a unique opportunity.
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Currency Exchange
Madrid, Madrid, Spain, 2014
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 €9,200,000 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 |
|---|---|---|---|
| €9,200,000 | £7,593,312 | £7,986,428 | £393,116 |
| Property Price € | €9,200,000 |
| Minimum cost in the last six months | £7,593,312 |
| Maximum cost in the last six months | £7,986,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £393,116 |
Madrid, Madrid, Spain, 2014
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 €9,200,000 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 |
|---|---|---|---|
| €9,200,000 | £7,593,312 | £7,986,428 | £393,116 |
| Property Price € | €9,200,000 |
| Minimum cost in the last six months | £7,593,312 |
| Maximum cost in the last six months | £7,986,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £393,116 |
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 £393,116 more.
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