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Lucas Fox is offering this unique property for sale, located in one of the most sought-after areas of the Recoletos neighbourhood
Madrid, Madrid, Spain, 28001
REF: 900192
€3,950,000
Description
Lucas Fox is offering this unique property for sale, located in one of the most sought-after areas of the Recoletos neighbourhood . La Finca is located on Don Ramón de la Cruz street, between Claudio Coello and Lagasca. The flat, fully renovated with design, has 251 square metres and is very bright thanks to its 9 windows facing the tree-lined Don Ramón de la Cruz street with southerly aspect. It is distributed in four different areas of living rooms, a bar area, dining room, open kitchen, terrace, 3 en-suite bedrooms, guest toilet and laundry room. The brand new property is fully furnished and has high-end appliances . The bathrooms, kitchen and natural oak floor have been supplied by the Porcelanosa Group. The apartment has centralised hot and cold air conditioning and central heating. Located in a building with a classic façade and a representative entrance on Calle Don Ramón de la Cruz 11, between Serrano and Velázquez, it has all kinds of amenities and shopping areas . It is very close to Calle Serrano and Calle Ortega y Gasset, where the most luxurious shops in the capital are located (Chanel, Dior, Louis Vuitton); to Calle Jorge Juan, with the most fashionable restaurants in the city (Amazónico, El Paraguas, Lobito de Mar), to the Mercado de la Paz and to the exclusive Reebok Sports Club gym, in the famous ABC Building on Serrano. Its excellent layout, its unbeatable location and its magnificent qualities make this property a UNIQUE OPPORTUNITY.
Lucas Fox is offering this unique property for sale, located in one of the most sought-after areas of the Recoletos neighbourhood . La Finca is located on Don Ramón de la Cruz street, between Claudio Coello and Lagasca. The flat, fully renovated with design, has 251 square metres and is very bright thanks to its 9 windows facing the tree-lined Don Ramón de la Cruz street with southerly aspect. It is distributed in four different areas of living rooms, a bar area, dining room, open kitchen, terrace, 3 en-suite bedrooms, guest toilet and laundry room. The brand new property is fully furnished and has high-end appliances . The bathrooms, kitchen and natural oak floor have been supplied by the Porcelanosa Group. The apartment has centralised hot and cold air conditioning and central heating. Located in a building with a classic façade and a representative entrance on Calle Don Ramón de la Cruz 11, between Serrano and Velázquez, it has all kinds of amenities and shopping areas . It is very close to Calle Serrano and Calle Ortega y Gasset, where the most luxurious shops in the capital are located (Chanel, Dior, Louis Vuitton); to Calle Jorge Juan, with the most fashionable restaurants in the city (Amazónico, El Paraguas, Lobito de Mar), to the Mercado de la Paz and to the exclusive Reebok Sports Club gym, in the famous ABC Building on Serrano. Its excellent layout, its unbeatable location and its magnificent qualities make this property a UNIQUE OPPORTUNITY.
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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 €3,950,000 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 |
|---|---|---|---|
| €3,950,000 | £3,285,926 | £3,399,449 | £113,523 |
| Property Price € | €3,950,000 |
| Minimum cost in the last six months | £3,285,926 |
| Maximum cost in the last six months | £3,399,449 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £113,523 |
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 €3,950,000 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 |
|---|---|---|---|
| €3,950,000 | £3,285,926 | £3,399,449 | £113,523 |
| Property Price € | €3,950,000 |
| Minimum cost in the last six months | £3,285,926 |
| Maximum cost in the last six months | £3,399,449 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £113,523 |
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 £113,523 more.
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