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This unique residence is part of the Passatge de Sucre development, a project spearheaded by renowned architect Jordi Garcés and completed in 2012
Barcelona, Barcelona, Spain, 08005
REF: 750071
€795,000
Description
This unique residence is part of the Passatge de Sucre development, a project spearheaded by renowned architect Jordi Garcés and completed in 2012. Originally a factory, this historic building has been transformed into stunning loft-style residences. While the industrial style of the renovation pays homage to the historic importance of the building, all of the properties in the building have a certificate of occupancy and are zoned for residential use. This 138 m loft property is divided into 3 levels with an open plan layout that lends itself to many different potential functions. On the ground level we have the kitchen, living, and dining space, whereas the 2 upper levels can be used as bedrooms or as multi-purpose spaces (such as a home office or playroom). There are 2 bathrooms, one on each of the top 2 floors, which are the only enclosed rooms in the property. Contact us today for further details regarding this special property.
This unique residence is part of the Passatge de Sucre development, a project spearheaded by renowned architect Jordi Garcés and completed in 2012. Originally a factory, this historic building has been transformed into stunning loft-style residences. While the industrial style of the renovation pays homage to the historic importance of the building, all of the properties in the building have a certificate of occupancy and are zoned for residential use. This 138 m loft property is divided into 3 levels with an open plan layout that lends itself to many different potential functions. On the ground level we have the kitchen, living, and dining space, whereas the 2 upper levels can be used as bedrooms or as multi-purpose spaces (such as a home office or playroom). There are 2 bathrooms, one on each of the top 2 floors, which are the only enclosed rooms in the property. Contact us today for further details regarding this special property.
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Currency Exchange
Barcelona, Barcelona, Spain, 08005
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 €795,000 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 |
|---|---|---|---|
| €795,000 | £661,345 | £684,193 | £22,848 |
| Property Price € | €795,000 |
| Minimum cost in the last six months | £661,345 |
| Maximum cost in the last six months | £684,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,848 |
Barcelona, Barcelona, Spain, 08005
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 €795,000 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 |
|---|---|---|---|
| €795,000 | £661,345 | £684,193 | £22,848 |
| Property Price € | €795,000 |
| Minimum cost in the last six months | £661,345 |
| Maximum cost in the last six months | £684,193 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,848 |
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 £22,848 more.
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