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Lucas Fox Madrid presents this magnificent apartment full of natural light in this luxurious residential project located in one of the most prestigious neighborhoods of Madrid, El Viso
Madrid, Madrid, Spain, 28002
REF: 866649
€1,380,000
Description
Lucas Fox Madrid presents this magnificent apartment full of natural light in this luxurious residential project located in one of the most prestigious neighborhoods of Madrid, El Viso. The communal areas of the building have been renovated, as well as this beautiful property located on the third floor. Upon entering the property, to the right is a spacious living-dining room, with floor-to-ceiling windows that allow in abundant natural light, in addition to being able to enjoy the views of the green areas with trees in this area. To the left, there is a fully equipped kitchen and a breakfast space. In the hall that leads to the bedrooms, there is a guest toilet. To complete this property, the two bedrooms are at the end, each with its own bathroom and spacious closets, thus offering a comfortable and attractive space for a couple, single person or small family. The property includes home automation, underfloor heating heating, air conditioning, state-of-the appliances and two parking spaces in the price. A high-rise sculptural portico welcomes this exclusive residential building designed by the A-cero architecture studio, directed by Joaquín Torres and Rafael Llamazares. Straight and pure lines dominate the design and from the rear you can see the staggered design of the different levels. Please note that, as a buyer, it is important that you are informed about the taxes and additional expenses associated with purchasing a property in the Community of Madrid. These costs represent a price increase of between 7% and 11%. No fees are charged to the purchasing party.
Lucas Fox Madrid presents this magnificent apartment full of natural light in this luxurious residential project located in one of the most prestigious neighborhoods of Madrid, El Viso. The communal areas of the building have been renovated, as well as this beautiful property located on the third floor. Upon entering the property, to the right is a spacious living-dining room, with floor-to-ceiling windows that allow in abundant natural light, in addition to being able to enjoy the views of the green areas with trees in this area. To the left, there is a fully equipped kitchen and a breakfast space. In the hall that leads to the bedrooms, there is a guest toilet. To complete this property, the two bedrooms are at the end, each with its own bathroom and spacious closets, thus offering a comfortable and attractive space for a couple, single person or small family. The property includes home automation, underfloor heating heating, air conditioning, state-of-the appliances and two parking spaces in the price. A high-rise sculptural portico welcomes this exclusive residential building designed by the A-cero architecture studio, directed by Joaquín Torres and Rafael Llamazares. Straight and pure lines dominate the design and from the rear you can see the staggered design of the different levels. Please note that, as a buyer, it is important that you are informed about the taxes and additional expenses associated with purchasing a property in the Community of Madrid. These costs represent a price increase of between 7% and 11%. No fees are charged to the purchasing party.
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Currency Exchange
Madrid, Madrid, Spain, 28002
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 €1,380,000 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 |
|---|---|---|---|
| €1,380,000 | £1,158,262 | £1,190,333 | £32,071 |
| Property Price € | €1,380,000 |
| Minimum cost in the last six months | £1,158,262 |
| Maximum cost in the last six months | £1,190,333 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,071 |
Madrid, Madrid, Spain, 28002
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 €1,380,000 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 |
|---|---|---|---|
| €1,380,000 | £1,158,262 | £1,190,333 | £32,071 |
| Property Price € | €1,380,000 |
| Minimum cost in the last six months | £1,158,262 |
| Maximum cost in the last six months | £1,190,333 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,071 |
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 £32,071 more.
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