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Lucas Fox presents this magnificent 201 m exterior apartment in one of the most exclusive areas of Madrid, in the heart of the Chamberí neighbourhood , next to the recently renovated Plaza de Olavide
Madrid, Madrid, Spain, 28010
REF: 892999
€1,400,000
Description
Lucas Fox presents this magnificent 201 m exterior apartment in one of the most exclusive areas of Madrid, in the heart of the Chamberí neighbourhood , next to the recently renovated Plaza de Olavide. It is located in a representative building with a stately entrance and a concierge on a quiet pedestrian street, just a few metres from Fuencarral Street, one of the most vibrant commercial areas of the city. The property is in need of renovation, so you can configure and personalize the space to suit you. It stands out for its abundant natural light and spaciousness. Upon entering, there is a spacious entrance hall, which leads to an impressive living-dining room with large windows facing south, which offer clear views of a wooded area and allow natural light to enter throughout the day. The night area has five very spacious bedrooms. It has a cozy 5 m terrace, facing south, ideal for enjoying the outdoors. In addition, there are three full bathrooms and a large kitchen with a dining area. The property has high ceilings and central heating with individual meters for greater comfort and several built-in wardrobes for greater storage. This property is perfect for a complete renovation . With such large spaces and such a flexible layout , the possibilities are endless for designing a modern and personalized apartment in an unbeatable location. It is located in Chamberí, surrounded by an excellent range of amenities, shops, restaurants and green areas. In addition, the public transport connections are unbeatable, making it easy to access any part of the city. For added convenience, the property includes an optional parking space for 70,000, located just 100 metres from the building. Please contact us for more information about this property with great renovation potential in one of the most sought-after areas of Madrid.
Lucas Fox presents this magnificent 201 m exterior apartment in one of the most exclusive areas of Madrid, in the heart of the Chamberí neighbourhood , next to the recently renovated Plaza de Olavide. It is located in a representative building with a stately entrance and a concierge on a quiet pedestrian street, just a few metres from Fuencarral Street, one of the most vibrant commercial areas of the city. The property is in need of renovation, so you can configure and personalize the space to suit you. It stands out for its abundant natural light and spaciousness. Upon entering, there is a spacious entrance hall, which leads to an impressive living-dining room with large windows facing south, which offer clear views of a wooded area and allow natural light to enter throughout the day. The night area has five very spacious bedrooms. It has a cozy 5 m terrace, facing south, ideal for enjoying the outdoors. In addition, there are three full bathrooms and a large kitchen with a dining area. The property has high ceilings and central heating with individual meters for greater comfort and several built-in wardrobes for greater storage. This property is perfect for a complete renovation . With such large spaces and such a flexible layout , the possibilities are endless for designing a modern and personalized apartment in an unbeatable location. It is located in Chamberí, surrounded by an excellent range of amenities, shops, restaurants and green areas. In addition, the public transport connections are unbeatable, making it easy to access any part of the city. For added convenience, the property includes an optional parking space for 70,000, located just 100 metres from the building. Please contact us for more information about this property with great renovation potential 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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,164,632 | £1,204,868 | £40,236 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,164,632 |
| Maximum cost in the last six months | £1,204,868 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,236 |
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,164,632 | £1,204,868 | £40,236 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,164,632 |
| Maximum cost in the last six months | £1,204,868 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,236 |
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 £40,236 more.
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