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Lucas Fox presents this spectacular 375 m penthouse located on the eighth floor in the prestigious Almagro neighbourhood , between the Chamberí district and the emblematic Paseo de la Castellana in Madrid
Madrid, Madrid, Spain, 28010
REF: 901636
€2,995,000
Description
Lucas Fox presents this spectacular 375 m penthouse located on the eighth floor in the prestigious Almagro neighbourhood , between the Chamberí district and the emblematic Paseo de la Castellana in Madrid. The property has been completely renovated in 2019, with high-quality finishes, an integrated security system and air conditioning. Thanks to its main orientation to the south and its two large terraces, the penthouse receives abundant natural light. Upon entering, we are welcomed by an elegant entrance hall that connects directly to an study and a bright living-dining room, which has a cozy fireplace and a guest toilet. The property has three bedrooms, all with private bathrooms. The main bedroom comes equipped with a dressing room, private toilet , shower, Turkish bathroom and a gym. The second bedroom also has an en-suite bathroom . Finally, the practical staff bedroom includes a bathroom and a laundry room area. For added convenience, the penthouse comes with a storage room on the ground floor of the building. In addition, there is the option of purchasing an independent 9 m parking space, located just a few steps away, with direct access by lift from the street. Don't miss the opportunity to purchase this elegant and functional penthouse, in one of the most sought-after areas of Madrid.
Lucas Fox presents this spectacular 375 m penthouse located on the eighth floor in the prestigious Almagro neighbourhood , between the Chamberí district and the emblematic Paseo de la Castellana in Madrid. The property has been completely renovated in 2019, with high-quality finishes, an integrated security system and air conditioning. Thanks to its main orientation to the south and its two large terraces, the penthouse receives abundant natural light. Upon entering, we are welcomed by an elegant entrance hall that connects directly to an study and a bright living-dining room, which has a cozy fireplace and a guest toilet. The property has three bedrooms, all with private bathrooms. The main bedroom comes equipped with a dressing room, private toilet , shower, Turkish bathroom and a gym. The second bedroom also has an en-suite bathroom . Finally, the practical staff bedroom includes a bathroom and a laundry room area. For added convenience, the penthouse comes with a storage room on the ground floor of the building. In addition, there is the option of purchasing an independent 9 m parking space, located just a few steps away, with direct access by lift from the street. Don't miss the opportunity to purchase this elegant and functional penthouse, 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 €2,995,000 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 |
|---|---|---|---|
| €2,995,000 | £2,480,788 | £2,574,053 | £93,264 |
| Property Price € | €2,995,000 |
| Minimum cost in the last six months | £2,480,788 |
| Maximum cost in the last six months | £2,574,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,264 |
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 €2,995,000 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 |
|---|---|---|---|
| €2,995,000 | £2,480,788 | £2,574,053 | £93,264 |
| Property Price € | €2,995,000 |
| Minimum cost in the last six months | £2,480,788 |
| Maximum cost in the last six months | £2,574,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £93,264 |
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 £93,264 more.
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