With the pound looking strong against the euro, we look at eight properties that are over 9% cheaper than last year.
What a difference a year makes. In mid-September 2014, the pound to euro exchange rate of 1.25 meant that £500,000 could get you a property worth €625,000. A year on, the pound was around 8% stronger against the euro, and the same amount would buy a property worth around €685,000. The bottom line is that you save by buying now rather than last year.
But that’s not the end of the savings. By choosing World First rather than your bank to make the transfer, you’ll also get a better exchange rate, which could save you thousands more. Get in touch with World First and find out how you could save.
We’ve picked out eight properties that will cost you thousands less than a year ago, all because of the exchange rates.
All valuations correct on 9 September 2015, based on the interbank rate. All the properties featured here can be found on www.rightmove.co.uk/overseas-property
Use our currency converter to find out how much your dream home in Europe costs in pounds!
This article originally appeared in the Autumn edition of World First Transfer magazine. CLICK HERE for a link to the whole magazine.