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Lucas Fox presents this magnificent apartment in Goya, in one of the most sought-after areas of the Salamanca neighbourhood of Madrid, a ten-minute walk from El Retiro Park
Madrid, Madrid, Spain, 28009
REF: 905727
€1,430,000
Description
Lucas Fox presents this magnificent apartment in Goya, in one of the most sought-after areas of the Salamanca neighbourhood of Madrid, a ten-minute walk from El Retiro Park. The exterior property has a constructed area of 157 m , perfectly distributed. It has a large living room with two large windows and a kitchen fully integrated into the living room and with its own window, which is equipped with high-end appliances and a large storage capacity. The night area consists of three bedrooms with private bathroom. The entire property is designed down to the last detail, with an aerothermics system and a laundry area with a separate washing machine and dryer in one of the built-in wardrobes. The building has a classic façade from the 1950s and has a concierge and the original period details have been preserved. It is a spacious, functional property, ideal for living just a few metres from the Retiro.
Lucas Fox presents this magnificent apartment in Goya, in one of the most sought-after areas of the Salamanca neighbourhood of Madrid, a ten-minute walk from El Retiro Park. The exterior property has a constructed area of 157 m , perfectly distributed. It has a large living room with two large windows and a kitchen fully integrated into the living room and with its own window, which is equipped with high-end appliances and a large storage capacity. The night area consists of three bedrooms with private bathroom. The entire property is designed down to the last detail, with an aerothermics system and a laundry area with a separate washing machine and dryer in one of the built-in wardrobes. The building has a classic façade from the 1950s and has a concierge and the original period details have been preserved. It is a spacious, functional property, ideal for living just a few metres from the Retiro.
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Currency Exchange
Madrid, Madrid, Spain, 28009
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 €1,430,000 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 |
|---|---|---|---|
| €1,430,000 | £1,184,483 | £1,229,014 | £44,530 |
| Property Price € | €1,430,000 |
| Minimum cost in the last six months | £1,184,483 |
| Maximum cost in the last six months | £1,229,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,530 |
Madrid, Madrid, Spain, 28009
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 €1,430,000 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 |
|---|---|---|---|
| €1,430,000 | £1,184,483 | £1,229,014 | £44,530 |
| Property Price € | €1,430,000 |
| Minimum cost in the last six months | £1,184,483 |
| Maximum cost in the last six months | £1,229,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £44,530 |
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 £44,530 more.
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