Goldacre Estates Quick Menu
Gran Canaria Property News

GRAN CANARIA PROPERTY

 

Goldacre Estates Home Contact Goldacre Estates Real Estate Newsletter About Goldacre Estates Gran Canaria Real Estate Sitio en Castellano
Goldacre Estates Real Estates in Gran Canaria
Property for sale in Gran Canaria Gran Canaria Information Finnancial Tools & Advice More than a Real Estate

Gran Canaria Real EstateReal Estate in Gran CanariaCURRENCY ADVICE IN GRAN CANARIA

Currency Exchange for most people from the U.K is a must when buying a property in the Canary Islands, but it is generally the one thing that is always last on the list.

Most people are aware of the rate of foreign exchange for your sterling to euro for your holiday spending but many people are not aware that there are commercial Rates for the lager transactions such as property purchase in Gran Canaria 

By using the commercial rates available in the market place, this can make a significant difference to the amount of Euros that you obtain for your Sterling.

Currency advice for Real Estate
Gran Canaria Real EstateReal Estate in Gran CanariaHOW DO I GO ABOUT IT?

From our experience most people really do not think about Currency Exchange until after they have made their decision to buy their perfect Property in Gran Canaria and then and only then because your apartment, studio, villa, townhouse,  finca, plot of land, bar or restaurant  is priced in Euros do you start to take a keen interest in what the Sterling Exchange rate to the Euro is valued at.

This is vitally important to you when buying Real Estate in Gran Canaria as a slight difference in the sterling to Euro exchange rate can make a significant difference to the total price that you pay!

Gran Canaria Real EstateReal Estate in Gran CanariaWhere do I go to Exchange my money?

Your first port of call is always your home Bank but they are not always the ones that can offer you the BEST RATE. 

Like all high value purchases it pays to check the market place and to this end you should obtain some free advice from the specialist currency exchange companies.

Gran Canaria Real EstateReal Estate in Gran CanariaWhy Specialist Currency Exchange Companies?

The reason is that this is all they do, currency exchange companies are dealing in overseas Currency Exchange Daily and by the pure nature of their daily trading are generally able to offer much better rates than the High Street Banks. 

So when you have found your Dream Home and have made the commitment to purchase,RULE ONE : 

Is start to investigate, what rate can I get?

Gran Canaria Real Estate contact Specialist Currency Exchange Companies?

There are many ways such as internet, holiday and overseas property buying magazines and of course our TEAM at Gold Acre Estates are always on hand to point you in the right direction. 

You will find links on our web site to a number of the largest Currency Exchange Companies within the United Kingdom today, who are always on hand to offer you no obligation advice. 

TRAVELEX

MONEYCORP

HIFX PLC 

Are all available to discuss and advise the best way to arrange your overseas currency transfers many offering savings such as no receiving charges. 

Other sources to find alternative companies are magazines that are published in the UK that specialize in overseas property purchase such as Canary Islands Property, Homes Overseas, Spanish, Homes Worldwide, Homes in Gran Canaria, Oversea Property, BuyIN Gran Canaria and many more, you will find that many international currency companies advertise in these types of publications. 

An example of how important currency rates and fluctuations can affect your purchase is outlined below. 

Lets say you buy a property for €150,000 Euros and today  you are quoted a an exchange rate  of 1.45 to £1 sterling this means that your property would cost you £103,448.27 sterling, but you think to yourself I do not need to do anything about that today as my completion is not for another eight weeks.

6 weeks later you find the rate has dropped to1.40 to £1 sterling your €150,000 euros will now cost you £107,142.87 sterling, that’s a difference of £3,694.60 sterling extra that you would have to pay for the same amount of euros. 

That is why getting it right is so important and Specialist Currency Advice is not only necessary but fundamental when purchasing a property in Gran Canaria. 

For a little free advice on vital information on trends of how Sterling or the Euro is moving short, medium to long term, all it costs is the price of a phone call…

Gran Canaria Real EstateReal Estate in Gran CanariaHow do I guard Against Fluctuations in Overseas Currency Exchange ?

By discussing with your chosen currency provider you can fix your rate of exchange for when you need your foreign currency in the Canary Islands. 

You can fix your rate for up to two years prior to needing your funds which helps with buying property off plan and new construction.

This is called Forward Buying and again your dedicated currency advisor can advise and discuss all available options available to you.

A little time working with the specialist currency advisors can yield great rewards as you can see in the example above, and you will have the peace of mind knowing that you have done your research and that you have achieved the best possible rate of exchange to buy your DREAM HOME IN GRAN CANARIA

Gran Canaria Real EstateReal Estate in Gran CanariaRelated links in this site
Gran Canaria Real EstateReal Estate in Gran CanariaExclusive properties for sale in Gran Canaria
Gran Canaria Real EstateReal Estate in Gran CanariaReal Estate latest news
Gran Canaria Real EstateReal Estate in Gran CanariaGoldacre Estates Newsletter
Subscribe to GoldAcre Estates weekly newsletter and be kept informed of the best offers and properties available for sale on Gran Canaria as they happen, you will receive a weekly newsletter direct to your desk top   Subscribe now
Gran Canaria Real EstateReal Estate in Gran CanariaOther Goldacre Estates Sites
Gran Canaria Real EstateReal Estate in Gran CanariaCURRENCY CONVERTER
 
Goldacre Estates Currency Converter
 
Gran Canaria Real EstateReal Estate in Gran CanariaCURRENCY EXCHANGE PARTNERS
   
Currency Exchange
Currency Exchange in Canary Islands
Currencies Direct
Travelex Currency Exchange
   

Skype Goldacre Estates
My statusTimetable

Get Skype and call me for free.

 

Goldacre Estates Fuerteventura
HEAD OFFICE
CORRALEJO MAIN STREET

Goldacre Estates Gran Canaria
GRAN CANARIA MAIN OFFICE

Free Call BackFree Call Back
Free Call Back

Ir a Goldacre Estates CastellanoSitio en Castellano
Europe Estate Agents Union Member