Blog

Why use Compare Properties Spain and why use a Currency Company for your property purchase

Why use Compare Properties Spain and why use a Currency Company for your property purchase

Dear Customers,

Thank you for reading my blog on this topic. Being a former Currency Employee, I believe I have ample knowledge of this area. For quite a few years I was the main point of contact for Real Estate Agencies recommending the services of a Currency company to their clients and the main contact for Individuals wanting to do Regular transfers of their pensions.

A Currency company can offer you exceptional exchange rates with the backing of their "Best Exchange Rate Guarantee". That way you can feel reassured you´re getting a great deal whether you´re sending a lump sun for a property purchase, or a smaller amount for other things, like transferring a pension. You simply need to set-up a trading account. This is not a bank account, it is a method which allows you as an individual to transfer funds Internationally when there is a difference in currency used, for example Sterling to Euros.

To show you an example. If a rate was trending at 1.17 one day, and fell to 1.14 within a few weeks, your 250.000 Pounds transfer would give you either €292,500 or €285.000 respectively. It´s worth thinking about a Currency Company. Banks offer foreign exchange as a branch of their services, while brokers solely focus on currency. Brokers can provide a personalized level of service by assigning you a dedicated point of contact who can keep you up to date with market movements. Banks also charge for receiving funds while Currency companies send an amount and that exact amount arrives in your bank account with no losses.

Spain is still very popular with expats - not only is it relatively close to the UK making return visits easy, there is also a huge expat community. Spain has a low crime rate, and a combination of beautiful cities and rolling countryside, as well as white sand beaches and crystalline waters. Therefore, do purchase in Spain as your choice of country to invest and do ask Compare Properties Spain for advice when purchasing in the Costa Blanca North. We have an extended portfolio of properties to offer you, from Apartments to Luxury Villas and covering the area from Alicante through to Denia, the port to the Balearic Islands.

When considering Costa Blanca North it is a good idea to ask the opinion of the locals on areas not just focusing on a particular Real Estate company which covers a small area. They will after all want to sell you that specific area. Most Real Estate agencies will have their main office or solely office in one town, i.e. Javea, and will offer you advice on Javea, they may have properties on their portfolio for other areas but you will find that this selection is small and sometimes tired. Compare Properties Spain has a selection of properties for all areas in the Costa Blanca North, Alicante to Denia, and we have ample knowledge of all of these areas having worked in all of them for many years. We have seen the various purchase tendencies change in each town change over the last 10 years, throughout the recession and now with the property boom we are experiencing. We also have ample knowledge of the various different International cultures purchasing in specific areas and why they choose a particular town.

Compare Properties Spain also specializes in re-locating clients to Spain, assisting them with all aspects from legal, tax, insurance, new schools, removals, settling in children, language courses, work, self-employment, etc, etc. with no charge to any of our buyers. So, come and have a chat with us or write us an email to info@comparepropertiesspain.com.





   Oct 6, 2017
Back



Properties



Our Partners

Rightmove overseas
asociación profesional de expertos inmobiliarios
Realtor
Idealista
Kyero