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Lucas Fox Madrid presents this exclusive high-end property of 462 m , brand new with a comprehensive renovation and fully furnished
Madrid, Madrid, Spain, 28006
REF: 759605
€7,000,000
Description
Lucas Fox Madrid presents this exclusive high-end property of 462 m , brand new with a comprehensive renovation and fully furnished. It covers the entire third floor of this building. The property is corner and has a terrace that overlooks magnificent views of the Italian embassy and five more windows overlooking Padilla Street. The apartment has four bedrooms with private bathrooms, as well as a living-dining room, kitchen and terrace. The property is currently under construction and the photos correspond to a similar project. It will be delivered completely renovated and furnished, although there is the option to purchase in its current state and there is still the possibility of purchasing storage rooms. Once renovated and furnished, this property will be offered with a high specification design. Thanks to its excellent layout, spaciousness and location in one of the most exclusive areas of Madrid, Castellana, this apartment is an excellent option for those looking for their dream property , a second residence to spend time in Madrid or as an investment with a great potential for profitability. Contact us for more information and to schedule a visit.
Lucas Fox Madrid presents this exclusive high-end property of 462 m , brand new with a comprehensive renovation and fully furnished. It covers the entire third floor of this building. The property is corner and has a terrace that overlooks magnificent views of the Italian embassy and five more windows overlooking Padilla Street. The apartment has four bedrooms with private bathrooms, as well as a living-dining room, kitchen and terrace. The property is currently under construction and the photos correspond to a similar project. It will be delivered completely renovated and furnished, although there is the option to purchase in its current state and there is still the possibility of purchasing storage rooms. Once renovated and furnished, this property will be offered with a high specification design. Thanks to its excellent layout, spaciousness and location in one of the most exclusive areas of Madrid, Castellana, this apartment is an excellent option for those looking for their dream property , a second residence to spend time in Madrid or as an investment with a great potential for profitability. Contact us for more information and to schedule a visit.
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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 €7,000,000 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 |
|---|---|---|---|
| €7,000,000 | £5,823,160 | £6,024,340 | £201,180 |
| Property Price € | €7,000,000 |
| Minimum cost in the last six months | £5,823,160 |
| Maximum cost in the last six months | £6,024,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £201,180 |
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 €7,000,000 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 |
|---|---|---|---|
| €7,000,000 | £5,823,160 | £6,024,340 | £201,180 |
| Property Price € | €7,000,000 |
| Minimum cost in the last six months | £5,823,160 |
| Maximum cost in the last six months | £6,024,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £201,180 |
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 £201,180 more.
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