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Fantastic apartment in the heart of Recoletos, a minute walk from El Retiro Park, in Madrid
Madrid, Madrid, Spain, 28001
REF: 816708
€3,280,000
Description
Fantastic apartment in the heart of Recoletos, a minute walk from El Retiro Park, in Madrid. It is located in a building from 1900, on the fourth floor with high ceilings, classic moldings, stained glass windows signed by Maumejean, original doors and original handles from the 20th century. The property is divided into two areas: on the one hand, the day area that consists of the kitchen and the living-dining room; and on the other, the sleeping area with the corresponding bedrooms and bathrooms. The day area receives a lot of light throughout the day, since it southerly aspect. In the sleeping area, there are three bedrooms with separate private bathrooms and the guest bathroom complete with a free-standing bathtub with original legs. La Finca has a concierge and central heating. The location of the property is wonderful since it is a minute walk from Retiro Park, the Arab House, the metro station and different types of restaurants. Get in touch for more information.
Fantastic apartment in the heart of Recoletos, a minute walk from El Retiro Park, in Madrid. It is located in a building from 1900, on the fourth floor with high ceilings, classic moldings, stained glass windows signed by Maumejean, original doors and original handles from the 20th century. The property is divided into two areas: on the one hand, the day area that consists of the kitchen and the living-dining room; and on the other, the sleeping area with the corresponding bedrooms and bathrooms. The day area receives a lot of light throughout the day, since it southerly aspect. In the sleeping area, there are three bedrooms with separate private bathrooms and the guest bathroom complete with a free-standing bathtub with original legs. La Finca has a concierge and central heating. The location of the property is wonderful since it is a minute walk from Retiro Park, the Arab House, the metro station and different types of restaurants. Get in touch for more information.
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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 €3,280,000 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 |
|---|---|---|---|
| €3,280,000 | £2,716,857 | £2,818,996 | £102,139 |
| Property Price € | €3,280,000 |
| Minimum cost in the last six months | £2,716,857 |
| Maximum cost in the last six months | £2,818,996 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £102,139 |
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 €3,280,000 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 |
|---|---|---|---|
| €3,280,000 | £2,716,857 | £2,818,996 | £102,139 |
| Property Price € | €3,280,000 |
| Minimum cost in the last six months | £2,716,857 |
| Maximum cost in the last six months | £2,818,996 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £102,139 |
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 £102,139 more.
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