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Apartment
Madrid, Madrid, Spain, 28055
REF: 915290
€1,195,000
Description
Lucas Fox La Moraleja presents this 170 m duplex penthouse for sale in Encinar de los Reyes. The layout of the property is divided into two floors. On the lower floor there is an entrance hall, a very bright living-dining room and a kitchen with all equipped appliances and a clothesline area. On the same floor, we find a bathroom and two bedrooms, one of them with an en-suite bathroom . The upper floor has an study area and the main bedroom with a private bathroom and dressing room. It has air conditioning, mains gas heating by radiators, two parking spaces and a storage room. It is located in a gated development with 24-hour security and communal areas such as a swimming pool and paddle tennis court. Get in touch for more information or any queries. We have other properties that are not published on real estate portals (off market). El Encinar de los Reyes is one of the closest residential neighborhoods to Madrid, just 11 kilometers away from the city. It has unbeatable access and is just 10 minutes from the airport. This neighbourhood has several international schools and shopping centers; all this in a very family-friendly environment.
Lucas Fox La Moraleja presents this 170 m duplex penthouse for sale in Encinar de los Reyes. The layout of the property is divided into two floors. On the lower floor there is an entrance hall, a very bright living-dining room and a kitchen with all equipped appliances and a clothesline area. On the same floor, we find a bathroom and two bedrooms, one of them with an en-suite bathroom . The upper floor has an study area and the main bedroom with a private bathroom and dressing room. It has air conditioning, mains gas heating by radiators, two parking spaces and a storage room. It is located in a gated development with 24-hour security and communal areas such as a swimming pool and paddle tennis court. Get in touch for more information or any queries. We have other properties that are not published on real estate portals (off market). El Encinar de los Reyes is one of the closest residential neighborhoods to Madrid, just 11 kilometers away from the city. It has unbeatable access and is just 10 minutes from the airport. This neighbourhood has several international schools and shopping centers; all this in a very family-friendly environment.
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Property on Map
Currency Exchange
Madrid, Madrid, Spain, 28055
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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £984,561 | £1,027,043 | £42,482 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £984,561 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,482 |
Madrid, Madrid, Spain, 28055
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 €1,195,000 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 |
|---|---|---|---|
| €1,195,000 | £984,561 | £1,027,043 | £42,482 |
| Property Price € | €1,195,000 |
| Minimum cost in the last six months | £984,561 |
| Maximum cost in the last six months | £1,027,043 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £42,482 |
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 £42,482 more.
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