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Lucas Fox offers this new build development in one of the most unique and historic buildings in Madrid, completely renovated
Madrid, Madrid, Spain, 28006
REF: 865028
€5,650,000
Description
Lucas Fox offers this new build development in one of the most unique and historic buildings in Madrid, completely renovated. The development is located in the Salamanca district, near Paseo de la Castellana, a truly privileged location. This building from 1923 has been completely renovated inside, but its imposing traditional protected façade has been respected. Thus, a solemn and classic building is offered in the style of the old Toledo palaces, but with all the comforts. Once inside, we are welcomed by a large entrance lobby , with 24-hour security, from where you can see its magnificent double staircase that gives access to the six floors plus the attic and roof floors, which make up this unique property. The building has a total of twelve luxurious floors. This one, in contact, enjoys views and an outstanding interior design, as well as several parking spaces. The property is completely renovated with a very stylish contemporary design, high quality materials and open spaces, such as the day area, which has a living room with two rooms. This space has large windows that allow in abundant natural light. On the other hand, the day area has the dining area and the separate kitchen. The night area offers four bedrooms with each private bathroom. The property comes fully equipped, with top brand furniture. The kitchen and bathrooms also come fully equipped with the best qualities. It also includes heating and air conditioning. La Finca includes the BREEAM sustainable construction certificate, the most technically advanced and world-leading certificate that guarantees the energy efficiency of the building. In the communal areas of the ground floor, there is a sophisticated and bright gym, a wonderful heated pool and a meeting room for the use of the community. In addition, it has a lift that takes us directly from the entrance lobby to the rest of the homes. Get in touch for more information.
Lucas Fox offers this new build development in one of the most unique and historic buildings in Madrid, completely renovated. The development is located in the Salamanca district, near Paseo de la Castellana, a truly privileged location. This building from 1923 has been completely renovated inside, but its imposing traditional protected façade has been respected. Thus, a solemn and classic building is offered in the style of the old Toledo palaces, but with all the comforts. Once inside, we are welcomed by a large entrance lobby , with 24-hour security, from where you can see its magnificent double staircase that gives access to the six floors plus the attic and roof floors, which make up this unique property. The building has a total of twelve luxurious floors. This one, in contact, enjoys views and an outstanding interior design, as well as several parking spaces. The property is completely renovated with a very stylish contemporary design, high quality materials and open spaces, such as the day area, which has a living room with two rooms. This space has large windows that allow in abundant natural light. On the other hand, the day area has the dining area and the separate kitchen. The night area offers four bedrooms with each private bathroom. The property comes fully equipped, with top brand furniture. The kitchen and bathrooms also come fully equipped with the best qualities. It also includes heating and air conditioning. La Finca includes the BREEAM sustainable construction certificate, the most technically advanced and world-leading certificate that guarantees the energy efficiency of the building. In the communal areas of the ground floor, there is a sophisticated and bright gym, a wonderful heated pool and a meeting room for the use of the community. In addition, it has a lift that takes us directly from the entrance lobby to the rest of the homes. Get in touch for more information.
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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 €5,650,000 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 |
|---|---|---|---|
| €5,650,000 | £4,679,952 | £4,855,893 | £175,941 |
| Property Price € | €5,650,000 |
| Minimum cost in the last six months | £4,679,952 |
| Maximum cost in the last six months | £4,855,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £175,941 |
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 €5,650,000 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 |
|---|---|---|---|
| €5,650,000 | £4,679,952 | £4,855,893 | £175,941 |
| Property Price € | €5,650,000 |
| Minimum cost in the last six months | £4,679,952 |
| Maximum cost in the last six months | £4,855,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £175,941 |
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 £175,941 more.
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