Exchange rates boost Brit spending power
Euro can save a lot on your property by paying attention to currency exchange rates and that’s no lira.
That is the message experts have for British buyers, as weaker currencies overseas boost their spending power abroad.
In Spain, a two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de Alenda Golf available from Taylor Wimpey España, costs €155,000, which equates to £112,198. Just one year ago, using data from xe.com, the same property would have cost £121,040. Five years ago, the cost would have been £133,683.