Lucas Fox presents this impressive brand new renovated apartment, in a classic building from 1900 in the prestigious neighbourhood of Recoletos, Madrid

Madrid, Madrid, Spain, 28001

For Sale

€5,700,000

REF: 858512 €5,700,000


4

5

287 m2

Description

Lucas Fox presents this impressive brand new renovated apartment, in a classic building from 1900 in the prestigious neighbourhood of Recoletos, Madrid. The apartment benefits from a comprehensive renovation with all the modern comforts and finishes, although original elements such as moldings and high ceilings have been maintained.

It also includes a garage space. The property has four spacious bedrooms, with natural light and high-quality finishes and four complete bathrooms, designed with premium materials and equipped with modern facilities, as well as a guest toilet. The day area has a spacious living room with direct access to three charming balconies overlooking the street, which provide great light to the property.

The modern and functional kitchen comes equipped with state-of-the-art appliances and an elegant design that integrates perfectly with the dining room. Among its features, it is worth highlighting the natural wood floors that provide warmth and sophistication, a centralized air conditioning system, for a pleasant temperature throughout the year, a lighting project designed to highlight the spaces and create cozy and functional environments. The property is located on a building with concierge service and advanced security systems for greater peace of mind for residents. Get in touch for more information.
Lucas Fox presents this impressive brand new renovated apartment, in a classic building from 1900 in the prestigious neighbourhood of Recoletos, Madrid. The apartment benefits from a comprehensive renovation with all the modern comforts and finishes, although original elements such as moldings and high ceilings have been maintained.

It also includes a garage space. The property has four spacious bedrooms, with natural light and high-quality finishes and four complete bathrooms, designed with premium materials and equipped with modern facilities, as well as a guest toilet. The day area has a spacious living room with direct access to three charming balconies overlooking the street, which provide great light to the property.

The modern and functional kitchen comes equipped with state-of-the-art appliances and an elegant design that integrates perfectly with the dining room. Among its features, it is worth highlighting the natural wood floors that provide warmth and sophistication, a centralized air conditioning system, for a pleasant temperature throughout the year, a lighting project designed to highlight the spaces and create cozy and functional environments. The property is located on a building with concierge service and advanced security systems for greater peace of mind for residents. Get in touch for more information.
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Property on Map

#MAD51690

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 €5,700,000 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
€5,700,000 £4,696,230 £4,906,788 £210,558
Property Price € €5,700,000
Minimum cost in the last six months £4,696,230
Maximum cost in the last six months £4,906,788
Fluctuating exchange rates over the last six months could have increased the cost of this property by £210,558

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 €5,700,000 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
€5,700,000 £4,696,230 £4,906,788 £210,558
Property Price € €5,700,000
Minimum cost in the last six months £4,696,230
Maximum cost in the last six months £4,906,788
Fluctuating exchange rates over the last six months could have increased the cost of this property by £210,558

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 £210,558 more.

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