Lucas Fox presents this apartment in an elegant classic building from 1915, right on José Ortega y Gasset Street, in one of Madrid's most prestigious areas

Madrid, Madrid, Spain, 28006

For Sale

€5,700,000

REF: 945678 €5,700,000


4

5

352 m2

Description

Lucas Fox presents this apartment in an elegant classic building from 1915, right on José Ortega y Gasset Street, in one of Madrid's most prestigious areas . Thanks to its location on the second floor and its privileged southerly aspect, it enjoys extraordinary natural light throughout the day, as well as unobstructed views of the distinguished Castellana neighbourhood .

It boasts impressive ceilings of over three meters, maximizing the feeling of spaciousness. Its majestic windows, access a classic bay window, balcony, and stone balustrade, allow natural light and optimal cross-ventilation. The apartment is currently being demolished for renovation, so you can custom design it and transform it into an exceptional home.

An attractive renovation project is offered with a layout that allows for up to four bedrooms and five bathrooms, featuring a modern and sophisticated style using high-quality natural materials. This property represents an extraordinary investment in the prestigious Salamanca district, ideal for those seeking a unique home full of possibilities in one of the city's most coveted locations. For more information or to arrange a visit, please do not hesitate to contact us.
Lucas Fox presents this apartment in an elegant classic building from 1915, right on José Ortega y Gasset Street, in one of Madrid's most prestigious areas . Thanks to its location on the second floor and its privileged southerly aspect, it enjoys extraordinary natural light throughout the day, as well as unobstructed views of the distinguished Castellana neighbourhood .

It boasts impressive ceilings of over three meters, maximizing the feeling of spaciousness. Its majestic windows, access a classic bay window, balcony, and stone balustrade, allow natural light and optimal cross-ventilation. The apartment is currently being demolished for renovation, so you can custom design it and transform it into an exceptional home.

An attractive renovation project is offered with a layout that allows for up to four bedrooms and five bathrooms, featuring a modern and sophisticated style using high-quality natural materials. This property represents an extraordinary investment in the prestigious Salamanca district, ideal for those seeking a unique home full of possibilities in one of the city's most coveted locations. For more information or to arrange a visit, please do not hesitate to contact us.
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Property on Map

#MAD56770

Currency Exchange

Madrid, Madrid, Spain, 28006

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 €5,700,000 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
€5,700,000 £4,696,230 £4,906,788 £210,558
Property Price € €5,700,000
Minimum cost in the last six months £4,696,230
Maximum cost in the last six months £4,906,788
Fluctuating exchange rates over the last six months could have increased the cost of this property by £210,558

Madrid, Madrid, Spain, 28006

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 €5,700,000 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
€5,700,000 £4,696,230 £4,906,788 £210,558
Property Price € €5,700,000
Minimum cost in the last six months £4,696,230
Maximum cost in the last six months £4,906,788
Fluctuating exchange rates over the last six months could have increased the cost of this property by £210,558

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 £210,558 more.

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