Estate agents on the Costa del Sol
How much???
By law property for sale in Spain must be clearly labelled to show the asking price. It should also show what the price indicated includes and excludes by way of fees. Fair enough.
Of course if it is for sale in Spain the price will be in Euros. There may be a financial convertor closeby on the advert showing the equivalent price in another currency. Helpful.
But is that enough?
As a guide, when you are browsing, say, property for sale in Estepona, it probably is. But currency exchange rates can fluctuate wildly, and if you need to buy euros to complete your property purchase, you would be advised to understand a bit about how it all works. You need not become an expert, however a friendly professional can make it a safe experience and save you a lot of money.
The thing is this (and perhaps it is obvious), but whilst the euro price stays the same, what that will eventually cost you in Sterling (or dollars, or whatever) is changing all the time.
With the appropriate advice, you can mitigate this fluctuation.
You wouldn’t buy anything else if you didn’t know the price.
So don’t buy a house based simply on the euro price (unless your money is in euros).
Your bank will convert Sterling (or anything else) to Euros if you ask them. And charge a hefty commission.
Or you might engage a currency exchange specialist.
Not all ‘specialists’ are the same.
We have personally been using Smart Currency Exchange for 10 years.
So have our clients
Friendly. Professional. Property specialists. Financially bonded. Great value.
It’s never too early to start this relationship.
For a no-commitment conversation with a real person click here