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Lucas Fox presents this elegant apartment, located in a classic building in the distinguished Almagro neighbourhood
Madrid, Madrid, Spain, 28010
REF: 890461
€3,600,000
Description
Lucas Fox presents this elegant apartment, located in a classic building in the distinguished Almagro neighbourhood . It is completely renovated, but architectural details have been preserved that give it a stately and sophisticated air. Upon entering, the entrance hall with original mouldings and high-quality flooring leads to a spacious and bright living room with 3.30-metre high ceilings, with decorative mouldings that highlight the classic character of the property. The functional designer kitchen includes an integrated dining room , perfect for everyday use. The apartment has three spacious bedrooms, each with its own private bathroom. The large windows allow in plenty of natural light, while the details of the renovation have respected the original essence of the building, with modern finishes that blend harmoniously with the classic elements. Please contact us for more information about this exclusive property in one of the most sought-after areas of Madrid.
Lucas Fox presents this elegant apartment, located in a classic building in the distinguished Almagro neighbourhood . It is completely renovated, but architectural details have been preserved that give it a stately and sophisticated air. Upon entering, the entrance hall with original mouldings and high-quality flooring leads to a spacious and bright living room with 3.30-metre high ceilings, with decorative mouldings that highlight the classic character of the property. The functional designer kitchen includes an integrated dining room , perfect for everyday use. The apartment has three spacious bedrooms, each with its own private bathroom. The large windows allow in plenty of natural light, while the details of the renovation have respected the original essence of the building, with modern finishes that blend harmoniously with the classic elements. Please contact us for more information about this exclusive property in one of the most sought-after areas of Madrid.
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Currency Exchange
Madrid, Madrid, Spain, 28010
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 €3,600,000 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 |
|---|---|---|---|
| €3,600,000 | £2,994,768 | £3,098,232 | £103,464 |
| Property Price € | €3,600,000 |
| Minimum cost in the last six months | £2,994,768 |
| Maximum cost in the last six months | £3,098,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £103,464 |
Madrid, Madrid, Spain, 28010
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 €3,600,000 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 |
|---|---|---|---|
| €3,600,000 | £2,994,768 | £3,098,232 | £103,464 |
| Property Price € | €3,600,000 |
| Minimum cost in the last six months | £2,994,768 |
| Maximum cost in the last six months | £3,098,232 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £103,464 |
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 £103,464 more.
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