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Lucas Fox presents this extraordinary apartment, meticulously renovated and ready to move into, located in the heart of the prestigious and vibrant Recoletos neighbourhood in Madrid
Madrid, Madrid, Spain, 28001
REF: 895167
€1,400,000
Description
Lucas Fox presents this extraordinary apartment, meticulously renovated and ready to move into, located in the heart of the prestigious and vibrant Recoletos neighbourhood in Madrid. This area is known for its elegance, history and proximity to the most emblematic points of the city. The property is located in a 1927 building, which has an elevator and concierge service, for greater comfort and security. The property has a surface area of 117 m and offers a modern, sophisticated and highly functional layout . It has a spacious living-dining room with access to two charming balconies, ideal for enjoying natural light and views of the city. The kitchen is fully equipped and integrated into the living-dining room. The night area includes two double bedrooms with built-in wardrobes and two complete bathrooms, in addition to the spectacular main bedroom with its private bathroom. All the details of the renovation have been carried out with the highest quality standards. All in all, thanks to the combination of its excellent location, modern amenities and a recent high-quality renovation , this is an ideal apartment for those looking to live in one of the most exclusive areas of Madrid. For more information or to arrange a visit, please do not hesitate to contact us.
Lucas Fox presents this extraordinary apartment, meticulously renovated and ready to move into, located in the heart of the prestigious and vibrant Recoletos neighbourhood in Madrid. This area is known for its elegance, history and proximity to the most emblematic points of the city. The property is located in a 1927 building, which has an elevator and concierge service, for greater comfort and security. The property has a surface area of 117 m and offers a modern, sophisticated and highly functional layout . It has a spacious living-dining room with access to two charming balconies, ideal for enjoying natural light and views of the city. The kitchen is fully equipped and integrated into the living-dining room. The night area includes two double bedrooms with built-in wardrobes and two complete bathrooms, in addition to the spectacular main bedroom with its private bathroom. All the details of the renovation have been carried out with the highest quality standards. All in all, thanks to the combination of its excellent location, modern amenities and a recent high-quality renovation , this is an ideal apartment for those looking to live in one of the most exclusive areas of Madrid. For more information or to arrange a visit, please do not hesitate to contact us.
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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 €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 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 €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 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 £43,596 more.
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