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Lucas Fox presents this elegant property located in a classic 1958 building with a stately character
Madrid, Madrid, Spain, 28006
REF: 986997
€4,400,000
Description
Lucas Fox presents this elegant property located in a classic 1958 building with a stately character. The property, which stands out for its meticulous aesthetics and presence, features a representative entrance, a main and service elevator, and a concierge . The property includes a 10 m double-height storage room within the same building, offering a practical and generous storage solution. Located in one of the most exclusive locations in the Salamanca neighbourhood , just 300 meters from Plaza del Marqués de Salamanca and a few steps from the prestigious Juan Bravo Boulevard, it is in an established residential setting surrounded by premium amenities , high-end shops, select restaurants, and excellent public transport connections. The third- floor corner property boasts 258 m of built area and a privileged orientation with five large windows overlooking the street, ensuring exceptional light throughout the day. It features four generous bedrooms, all with en suite bathroom and custom-made built-in wardrobes in the dressing area, as well as a guest toilet serving the social area. The day area stands out for its generous proportions, with a spacious living room, separate dining room , and fully equipped open-plan kitchen, designed to blend seamlessly into the space. The property also includes a practical separate laundry area . The apartment is being delivered completely renovated, brand new, with a comprehensive project that uses high-end materials and a contemporary design, with attention to detail. It features a heating and air conditioning system in each room, allowing for personalized thermal comfort year-round. The interior design was conceived by a renowned international studio, achieving a perfect combination of elegance, functionality, and modernity.
Lucas Fox presents this elegant property located in a classic 1958 building with a stately character. The property, which stands out for its meticulous aesthetics and presence, features a representative entrance, a main and service elevator, and a concierge . The property includes a 10 m double-height storage room within the same building, offering a practical and generous storage solution. Located in one of the most exclusive locations in the Salamanca neighbourhood , just 300 meters from Plaza del Marqués de Salamanca and a few steps from the prestigious Juan Bravo Boulevard, it is in an established residential setting surrounded by premium amenities , high-end shops, select restaurants, and excellent public transport connections. The third- floor corner property boasts 258 m of built area and a privileged orientation with five large windows overlooking the street, ensuring exceptional light throughout the day. It features four generous bedrooms, all with en suite bathroom and custom-made built-in wardrobes in the dressing area, as well as a guest toilet serving the social area. The day area stands out for its generous proportions, with a spacious living room, separate dining room , and fully equipped open-plan kitchen, designed to blend seamlessly into the space. The property also includes a practical separate laundry area . The apartment is being delivered completely renovated, brand new, with a comprehensive project that uses high-end materials and a contemporary design, with attention to detail. It features a heating and air conditioning system in each room, allowing for personalized thermal comfort year-round. The interior design was conceived by a renowned international studio, achieving a perfect combination of elegance, functionality, and modernity.
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Currency Exchange
Madrid, Madrid, Spain, 28006
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 €4,400,000 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 |
|---|---|---|---|
| €4,400,000 | £3,631,980 | £3,819,596 | £187,616 |
| Property Price € | €4,400,000 |
| Minimum cost in the last six months | £3,631,980 |
| Maximum cost in the last six months | £3,819,596 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £187,616 |
Madrid, Madrid, Spain, 28006
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 €4,400,000 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 |
|---|---|---|---|
| €4,400,000 | £3,631,980 | £3,819,596 | £187,616 |
| Property Price € | €4,400,000 |
| Minimum cost in the last six months | £3,631,980 |
| Maximum cost in the last six months | £3,819,596 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £187,616 |
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 £187,616 more.
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