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Lucas Fox presents this magnificent apartment to renovate on the prestigious Alberto Aguilera street, located in a classic period building
Madrid, Madrid, Spain, 28015
REF: 858510
€1,399,000
Description
Lucas Fox presents this magnificent apartment to renovate on the prestigious Alberto Aguilera street, located in a classic period building . The property, with a large surface area, stands out for its seven balconies that offer views of the street and allow the entry of abundant natural light. As it is located on the corner, it enjoys a privileged double east and south orientation, which makes it even brighter throughout the day. As it is proposed to renovate, a layout is proposed that makes the most of the space. Three large bedrooms could be designed, each with its own private bathroom, as well as an additional toilet , perfect for visitors. In the day area, there would be a spacious living room, perfect for family and social gatherings. Although the kitchen is independent, in the renovation it could be integrated into the living room to make even more use of the space. Thanks to the original details of La Finca, such as the balconies and the orientation, together with a modern renovation , an exclusive property would be created in one of the most desired areas of the city. This apartment is perfect for those looking to customize a property from scratch, in an exclusive environment. Get in touch for more information.
Lucas Fox presents this magnificent apartment to renovate on the prestigious Alberto Aguilera street, located in a classic period building . The property, with a large surface area, stands out for its seven balconies that offer views of the street and allow the entry of abundant natural light. As it is located on the corner, it enjoys a privileged double east and south orientation, which makes it even brighter throughout the day. As it is proposed to renovate, a layout is proposed that makes the most of the space. Three large bedrooms could be designed, each with its own private bathroom, as well as an additional toilet , perfect for visitors. In the day area, there would be a spacious living room, perfect for family and social gatherings. Although the kitchen is independent, in the renovation it could be integrated into the living room to make even more use of the space. Thanks to the original details of La Finca, such as the balconies and the orientation, together with a modern renovation , an exclusive property would be created in one of the most desired areas of the city. This apartment is perfect for those looking to customize a property from scratch, in an exclusive environment. Get in touch for more information.
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Currency Exchange
Madrid, Madrid, Spain, 28015
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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,174,209 | £1,206,721 | £32,513 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,174,209 |
| Maximum cost in the last six months | £1,206,721 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,513 |
Madrid, Madrid, Spain, 28015
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 €1,399,000 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 |
|---|---|---|---|
| €1,399,000 | £1,174,209 | £1,206,721 | £32,513 |
| Property Price € | €1,399,000 |
| Minimum cost in the last six months | £1,174,209 |
| Maximum cost in the last six months | £1,206,721 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,513 |
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 £32,513 more.
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