When buying an overseas property one factor that is often overlooked is the foreign exchange rate and often this can make a huge difference in the final cost of your property. You will have agreed a price in Euros but how many pounds will that actually be costing you?

Currency IndexBanks can be as much as 4% worse than specialist FX Brokers such as Currency Index. On a purchase of €600,000 it could save you in the region of £20,000 if you use Currency Index instead of your bank.

With the constant fluctuations within the FX markets using Currency Index can ensure you get the best possible exchange rate and therefore help you purchase your dream property at the best possible price.

With the added ability of fixing an exchange rate up to 1 year in advance, you can have peace of mind that you will know exactly how much the property will be costing you. An exchange rate fluctuation of 5% is not unheard of in a 2 month period and that could make your property purchase a lot more expensive than you initially thought. Fixing a rate takes the risk out of your purchase; after all you wouldn’t buy a home in the UK without knowing exactly how much it would cost so why would you take the same gamble on an overseas purchase?

What you get when using Currency Index:-

  • Great Exchange Rates, offering significant savings against typical high street banks
  • A personal service, to help you get the most suitable currency products for your needs, when you need them
  • Authorised and Regulated by the FCA and HMRC
  • Highly experienced and dedicated account managers
  • No commission or hidden fees
  • Payments sent quickly, safely and securely on your behalf

To open a trading facility with Currency Index, which carries no cost or obligation, please use the following link.

 

Property Spotlight
Property Spotlight

Superb 4 bedroomed villa with 10x5m pool and fabulous views over the sea.

€995,000