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Lucas Fox presents this exclusive 229 m penthouse to renovate, in El Viso, one of the most sought-after areas of Madrid
Madrid, Madrid, Spain, 28036
REF: 895168
€1,990,000
Description
Lucas Fox presents this exclusive 229 m penthouse to renovate, in El Viso, one of the most sought-after areas of Madrid. The apartment is located in a building dating back to 1964 and has a modern, yet functional design. Upon entering, you will find a spacious entrance hall that leads you to an open-plan living-dining room , connected to a modern, fully-equipped kitchen. From here, you can access a generous main terrace, ideal for enjoying pleasant evenings outdoors with unobstructed views. The property has three elegant bedrooms, each with its own private bathroom. The main bedroom stands out for its spaciousness and because it has access to a second private terrace, perfect for relaxing. This cozy penthouse receives abundant natural light, thanks to its large windows, its privileged height and its two terraces. A unique opportunity to live in a sophisticated property in the coveted El Viso neighbourhood , with easy access to the Chamberí and Salamanca neighborhoods. Don't miss this opportunity and contact us today for more information or to schedule a visit.
Lucas Fox presents this exclusive 229 m penthouse to renovate, in El Viso, one of the most sought-after areas of Madrid. The apartment is located in a building dating back to 1964 and has a modern, yet functional design. Upon entering, you will find a spacious entrance hall that leads you to an open-plan living-dining room , connected to a modern, fully-equipped kitchen. From here, you can access a generous main terrace, ideal for enjoying pleasant evenings outdoors with unobstructed views. The property has three elegant bedrooms, each with its own private bathroom. The main bedroom stands out for its spaciousness and because it has access to a second private terrace, perfect for relaxing. This cozy penthouse receives abundant natural light, thanks to its large windows, its privileged height and its two terraces. A unique opportunity to live in a sophisticated property in the coveted El Viso neighbourhood , with easy access to the Chamberí and Salamanca neighborhoods. Don't miss this opportunity and contact us today for more information or to schedule a visit.
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Currency Exchange
Madrid, Madrid, Spain, 28036
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 €1,990,000 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 |
|---|---|---|---|
| €1,990,000 | £1,648,337 | £1,711,360 | £63,023 |
| Property Price € | €1,990,000 |
| Minimum cost in the last six months | £1,648,337 |
| Maximum cost in the last six months | £1,711,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,023 |
Madrid, Madrid, Spain, 28036
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 €1,990,000 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 |
|---|---|---|---|
| €1,990,000 | £1,648,337 | £1,711,360 | £63,023 |
| Property Price € | €1,990,000 |
| Minimum cost in the last six months | £1,648,337 |
| Maximum cost in the last six months | £1,711,360 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,023 |
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 £63,023 more.
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