With the British Pound continuing to strengthen against the EURO, there has not been a better time to buy property in Spain in the last\u00a010 years or so. \u00a0In the last 2 years alone the pound has gained\u00a0some 30% in value over the EURO, meaning that for the British investor looking to buy property overseas the time to buy is now. \u00a0not only are we seeing significant rises in exchange rates but the housing market in Spain is showing signs of recover, especially on the Mediterranean coast (Costa Blanca).<\/p>\n
[su_pullquote]Year on year house prices on the coast are up 1.4% compared to May 2014 but are still down 48.8% compared to the peak of the market. Tinsa\u00a0[\/su_pullquote]<\/p>\n
<\/p>\n If you are looking at completing on a property purchase\/sale, or even just looking to transfer money in the near future you can still take advantage of the current rates. This can be achieved by booking todays rate and holding this for upwards of 12 months (Forward Contract). Effectively allowing you to budget accordingly and eliminate market volatility.<\/p>\n With GBP\/EUR rates in such a strong position, it would be prudent to find out how you can benefit from the current highs in the currency market.<\/p>\n Speak to your deVere Foreign Exchange trader to maximise your transfer value.<\/p>\n![\"dvfx](\"http:\/\/www.miapropertyboutique.com\/wp-content\/uploads\/2015\/06\/dvfx-banner-1-300x150.jpg\")
<\/a>For the smart\u00a0investor, further savings can be made when buying european properties. Foreign exchange companies like DeVere<\/a> can help substantially cut the cost of\u00a0buying Euros,\u00a0often giving rates of up to 5% less than the banks.<\/p>\nNeed to buy Euros soon? How do you secure an advantageous position?<\/strong><\/h3>\n