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Lucas Fox International Properties presents this completely renovated property with very good qualities for sale two minutes walk from El Retiro Park, in Madrid
Madrid, Madrid, Spain
REF: 841089
€1,950,000
Description
Lucas Fox International Properties presents this completely renovated property with very good qualities for sale two minutes walk from El Retiro Park, in Madrid. Upon crossing the threshold of this apartment, we find a magnificent kitchen, in which every last detail has been taken care of. Next, we move on to a spacious and cheerful living-dining room with lots of light where you can enjoy a balcony on the corner of the street with clear views and trees around. The night area consists of three bedrooms and two bathrooms. The property has been completely renovated. Every detail of the property has been perfected to the highest level; Without a doubt a luxury property in the best area of Recoletos. It also has central heating and air conditioning. Get in touch for more information. Due to the express wish of the owner, real photos of this property cannot be published.
Lucas Fox International Properties presents this completely renovated property with very good qualities for sale two minutes walk from El Retiro Park, in Madrid. Upon crossing the threshold of this apartment, we find a magnificent kitchen, in which every last detail has been taken care of. Next, we move on to a spacious and cheerful living-dining room with lots of light where you can enjoy a balcony on the corner of the street with clear views and trees around. The night area consists of three bedrooms and two bathrooms. The property has been completely renovated. Every detail of the property has been perfected to the highest level; Without a doubt a luxury property in the best area of Recoletos. It also has central heating and air conditioning. Get in touch for more information. Due to the express wish of the owner, real photos of this property cannot be published.
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Currency Exchange
Madrid, Madrid, Spain
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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,636,674 | £1,681,992 | £45,318 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,636,674 |
| Maximum cost in the last six months | £1,681,992 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,318 |
Madrid, Madrid, Spain
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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,636,674 | £1,681,992 | £45,318 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,636,674 |
| Maximum cost in the last six months | £1,681,992 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,318 |
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 £45,318 more.
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