Time to buy a property in France?

January 25, 2007 at 11:09 am · Filed under Feature, French Property, Property Market

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If you are thinking of buying a property in France - investment, residential or holiday home - there is no better time!

The £ sterling  / Euro exchange rate is at £1 = 1.51 euros. So a property priced at 151,000 euros will cost £100K (plus notaire charges). With further UK interest rate hikes on the horizon the exchange rate may strengthen further!

If you are certain that you want to buy a property in France this year, then you might want to “protect” a sterling lump sum by forward buying with one of the many Currency Exchange companies. The exchange rate offered by HIFX and others is usually significantly better than the high street banks.

For more information on Currency Exchange << click here

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