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Lucas Fox presents this cozy apartment located in the heart of the vibrant Ríos Rosas neighbourhood , in the coveted Chamberí district, Madrid
Madrid, Madrid, Spain, 28003
REF: 895170
€1,590,000
Description
Lucas Fox presents this cozy apartment located in the heart of the vibrant Ríos Rosas neighbourhood , in the coveted Chamberí district, Madrid. The flat is located on the third floor of an emblematic building built in 1942. The property has a surface area of 149 m . It is in need to renovate, with a renovation proposal that includes a layout with a living-dining room, a kitchen, two or three bedrooms and three bathrooms. In the renovation plan, two large bedrooms or three smaller bedrooms and three bathrooms could be obtained with a spacious living-dining room and a kitchen. La Finca has a wide range of luxury amenities , including a swimming pool, gym, squash court, sauna and 24-hour doorman, as well as its own garage and storage room. It also enjoys a privileged location in one of the best areas of Madrid, next to the Museum of Natural Sciences, the Geominero Museum, several shopping centres and next to one of the best areas of gastronomy in Madrid. Please contact us for more information about this exclusive apartment in the dynamic setting of Ríos Rosas.
Lucas Fox presents this cozy apartment located in the heart of the vibrant Ríos Rosas neighbourhood , in the coveted Chamberí district, Madrid. The flat is located on the third floor of an emblematic building built in 1942. The property has a surface area of 149 m . It is in need to renovate, with a renovation proposal that includes a layout with a living-dining room, a kitchen, two or three bedrooms and three bathrooms. In the renovation plan, two large bedrooms or three smaller bedrooms and three bathrooms could be obtained with a spacious living-dining room and a kitchen. La Finca has a wide range of luxury amenities , including a swimming pool, gym, squash court, sauna and 24-hour doorman, as well as its own garage and storage room. It also enjoys a privileged location in one of the best areas of Madrid, next to the Museum of Natural Sciences, the Geominero Museum, several shopping centres and next to one of the best areas of gastronomy in Madrid. Please contact us for more information about this exclusive apartment in the dynamic setting of Ríos Rosas.
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Currency Exchange
Madrid, Madrid, Spain, 28003
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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,322,689 | £1,368,386 | £45,697 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,322,689 |
| Maximum cost in the last six months | £1,368,386 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,697 |
Madrid, Madrid, Spain, 28003
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 €1,590,000 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 |
|---|---|---|---|
| €1,590,000 | £1,322,689 | £1,368,386 | £45,697 |
| Property Price € | €1,590,000 |
| Minimum cost in the last six months | £1,322,689 |
| Maximum cost in the last six months | £1,368,386 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,697 |
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 £45,697 more.
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