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Lucas Fox presents this elegant luxury property , completely renovated and ready to move into, located in the distinguished Recoletos neighbourhood , within the exclusive Salamanca district of Madrid
Madrid, Madrid, Spain, 28001
REF: 985438
€4,720,000
Description
Lucas Fox presents this elegant luxury property , completely renovated and ready to move into, located in the distinguished Recoletos neighbourhood , within the exclusive Salamanca district of Madrid. Located on the first floor, this property combines classic charm with contemporary amenities, offering a unique residential experience. With a surface area of 265 m , the layout has been carefully designed to optimize both space and natural light. The property features three spacious bedrooms offering privacy and comfort, as well as three full bathrooms and an additional toilet , ensuring practicality and convenience for residents and guests. Its notable features include elevator access and an exterior layout that allows for pleasant light thanks to its westward orientation. All of this contributes to creating a warm and welcoming atmosphere. The quality of the renovation, the privileged location, and the balance between functionality and style make this property an exceptional opportunity for those looking to live in one of the most coveted locations in the capital. For more information or to arrange a viewing, please do not hesitate to contact us.
Lucas Fox presents this elegant luxury property , completely renovated and ready to move into, located in the distinguished Recoletos neighbourhood , within the exclusive Salamanca district of Madrid. Located on the first floor, this property combines classic charm with contemporary amenities, offering a unique residential experience. With a surface area of 265 m , the layout has been carefully designed to optimize both space and natural light. The property features three spacious bedrooms offering privacy and comfort, as well as three full bathrooms and an additional toilet , ensuring practicality and convenience for residents and guests. Its notable features include elevator access and an exterior layout that allows for pleasant light thanks to its westward orientation. All of this contributes to creating a warm and welcoming atmosphere. The quality of the renovation, the privileged location, and the balance between functionality and style make this property an exceptional opportunity for those looking to live in one of the most coveted locations in the capital. 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 €4,720,000 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 |
|---|---|---|---|
| €4,720,000 | £3,895,699 | £4,097,385 | £201,686 |
| Property Price € | €4,720,000 |
| Minimum cost in the last six months | £3,895,699 |
| Maximum cost in the last six months | £4,097,385 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £201,686 |
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 €4,720,000 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 |
|---|---|---|---|
| €4,720,000 | £3,895,699 | £4,097,385 | £201,686 |
| Property Price € | €4,720,000 |
| Minimum cost in the last six months | £3,895,699 |
| Maximum cost in the last six months | £4,097,385 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £201,686 |
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 £201,686 more.
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