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Lucas Fox International Properties presents this exclusive, fully renovated 242 m property located in an elegant, classic building in the coveted Recoletos neighbourhood , southerly aspect with privileged views of Retiro Park
Madrid, Madrid, Spain, 28001
REF: 966956
€5,250,000
Description
Lucas Fox International Properties presents this exclusive, fully renovated 242 m property located in an elegant, classic building in the coveted Recoletos neighbourhood , southerly aspect with privileged views of Retiro Park. This unique property combines the charm of Madrid's stately architecture with the comforts of contemporary design. The recent comprehensive renovation has respected La Finca's original character, incorporating top-quality materials and a functional and bright layout . From the entrance hall, we enter a spacious day area consisting of a living room, dining room , and open kitchen, ideal for entertaining in style. The modern kitchen is fully equipped with integrated appliances and high-end furnishings. The night area offers three spacious double bedrooms, all with private bathroom and generously sized built-in wardrobes . The southerly aspect and large windows allow for excellent natural light throughout the day, while the direct views of the Retiro Park provide a unique sense of spaciousness and tranquility in the centre of the city. The property includes a storage room within the building, adding valuable additional storage space. Thanks to its strategic location, impeccable condition, and exclusivity, this property is perfect as a primary or secondary property for those who want to enjoy Madrid with the highest quality of life. For more information or to arrange a viewing, please do not hesitate to contact us.
Lucas Fox International Properties presents this exclusive, fully renovated 242 m property located in an elegant, classic building in the coveted Recoletos neighbourhood , southerly aspect with privileged views of Retiro Park. This unique property combines the charm of Madrid's stately architecture with the comforts of contemporary design. The recent comprehensive renovation has respected La Finca's original character, incorporating top-quality materials and a functional and bright layout . From the entrance hall, we enter a spacious day area consisting of a living room, dining room , and open kitchen, ideal for entertaining in style. The modern kitchen is fully equipped with integrated appliances and high-end furnishings. The night area offers three spacious double bedrooms, all with private bathroom and generously sized built-in wardrobes . The southerly aspect and large windows allow for excellent natural light throughout the day, while the direct views of the Retiro Park provide a unique sense of spaciousness and tranquility in the centre of the city. The property includes a storage room within the building, adding valuable additional storage space. Thanks to its strategic location, impeccable condition, and exclusivity, this property is perfect as a primary or secondary property for those who want to enjoy Madrid with the highest quality of life. For more information or to arrange a viewing, please do not hesitate to contact us.
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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 €5,250,000 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 |
|---|---|---|---|
| €5,250,000 | £4,333,140 | £4,557,473 | £224,333 |
| Property Price € | €5,250,000 |
| Minimum cost in the last six months | £4,333,140 |
| Maximum cost in the last six months | £4,557,473 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £224,333 |
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 €5,250,000 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 |
|---|---|---|---|
| €5,250,000 | £4,333,140 | £4,557,473 | £224,333 |
| Property Price € | €5,250,000 |
| Minimum cost in the last six months | £4,333,140 |
| Maximum cost in the last six months | £4,557,473 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £224,333 |
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 £224,333 more.
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