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Lucas Fox presents this elegant apartment in one of Madrid's most exclusive areas
Madrid, Madrid, Spain, 28001
REF: 951298
€4,950,000
Description
Lucas Fox presents this elegant apartment in one of Madrid's most exclusive areas . Located in a stately building , it has been completely renovated with impeccable design and top-quality materials to offer a modern property with traditional elements. It offers four bedrooms with private bathrooms, as well as an elegant guest bathroom and a practical laundry area. The day area features a spacious and bright living room with a fireplace, a distinguished dining room , and a kitchen equipped with Gunni & Trentino furniture and natural stone countertops. Every detail has been carefully selected: solid oak flooring, hardwood doors, and premium finishes, creating a warm and sophisticated atmosphere. A unique opportunity to live in one of Madrid's best addresses. Contact us for more information and to arrange a viewing.
Lucas Fox presents this elegant apartment in one of Madrid's most exclusive areas . Located in a stately building , it has been completely renovated with impeccable design and top-quality materials to offer a modern property with traditional elements. It offers four bedrooms with private bathrooms, as well as an elegant guest bathroom and a practical laundry area. The day area features a spacious and bright living room with a fireplace, a distinguished dining room , and a kitchen equipped with Gunni & Trentino furniture and natural stone countertops. Every detail has been carefully selected: solid oak flooring, hardwood doors, and premium finishes, creating a warm and sophisticated atmosphere. A unique opportunity to live in one of Madrid's best addresses. Contact us for more information and to arrange a viewing.
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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 €4,950,000 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 |
|---|---|---|---|
| €4,950,000 | £4,078,305 | £4,188,146 | £109,841 |
| Property Price € | €4,950,000 |
| Minimum cost in the last six months | £4,078,305 |
| Maximum cost in the last six months | £4,188,146 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,841 |
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 €4,950,000 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 |
|---|---|---|---|
| €4,950,000 | £4,078,305 | £4,188,146 | £109,841 |
| Property Price € | €4,950,000 |
| Minimum cost in the last six months | £4,078,305 |
| Maximum cost in the last six months | £4,188,146 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,841 |
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 £109,841 more.
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