Protect Your Money

Purchasing your dream home in Spain can be made more cost effective by choosing the right means in which to exchange your sterling in to €uros. You can protect yourself from the risk of fluctuating values. There have been times of fast movement in worldwide exchange rates and this could affect you. It is far better for you to clarify the exchange rates available as early as possible after finding your property.We are able to offer our clients the services of leading Exchange Currency companies who are at the leading edge of their field. Being able to offer you a commission free service and rates far more attractive than your High Street Bank. There are various methods of optimising your exchange of currency and they will be able to advise you as to the ideal solution for your requirements.

Below we highlight a genuine situation that arose in 2001 due to exchange rate fluctuation:

In July 2001 a property in Spain with a purchase price of € 200.000 would have cost the purchaser 119.403 Pounds Sterling. However due to volatility in the exchange market the price in sterling increased to 127.469. That is an increase of 8.066 ! The increase occurred in a period of less than 2 months. The extra sum payable could have been avoided by using a specialist Exchange Company, not only that, but the difference could have gone a long way to furnishing the new property! Contact us now for more details.