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Sterling's Rise Improves UK Buyers Holiday Home & Retirement Buying Opportunities! ๐Ÿ””โณ๐Ÿ™

Sterling's Rise Improves UK Buyers Holiday Home & Retirement Buying Opportunities! ๐Ÿ””โณ๐Ÿ™

Been waiting for the pound to rise against the euro to buy your property in the sun? Wait no longer! Now is the time to find your home or property investment abroad and make your move.
Been waiting, and waiting, and waiting some more for your pounds to revalue against the euro? The last few days has seen huge growth in the GBP/EUR exchange rate, with record highs of 1.154 - the strongest it's been since spring 2017! Furthermore, predictions from industry specialists point towards a further weakening of the euro in the upcoming days.

With property values increasing in Portugal, the pound back in good position, mortgage financing being as affordable as it is, and interest rates as low as 1.75%, we seem to be in the midst of a 'perfect storm' for overseas real estate investments. These different elements combined create a wonderful backdrop for buyers looking to take the plunge, whether it be for rental investment returns, relocating for a new lifestyle or having a holiday home in the sun. 

The numbers are speaking for themselves with the pound recovering from its low point last September to the tune of 7.5%! The current revaluing provides an opportunity for buyers to bag a fantastic property without feeling the sting of a low exchange rate. Here is an example of how buying now could save you money on your purchase...

A typical property in the Algarve might sell for approximately €200,000. In September 2017 when the rate dropped to a lowly 1.086, it would have cost just over £184,000. At today's rate of 1.154 the same property would cost £172,000 - a difference of £12,000 in your pocket!

If you're a savvy real estate investor looking for pockets of upward opportunity that also come lined with favourable exchange and interest rates - you know timing is key. To help you dig deeper and to navigate the process, we have a currency specialist available to help answer all your questions - get in touch!

Sweet Returns - €310,000

A prime real estate in a highly sought after locale - this impeccable apartment is a great introduction to the Portuguese property market, centrally located with Albufeira's famous nightlife just a short walk away! A property of this calibre is perfect for the rental market and found in the heart of one of the Algarve's most popular destinations...More

Penny Wise - €350,000

The clock is ticking and it's only a matter of time before this superb, three bedroom villa is sold. Perfect as a lock up and leave holiday home, rental property or permanent residence. Fantastic resort facilities are right on the doorstep and just a short drive to the centre of Portimão and the stunning beach of Praia da Rocha - complete with restaurants, bars and shopping!...More

Worth Its Weight - €450,000

A whole package property comprised of five bedrooms - meaning plenty of room for friends and family - a huge private pool and it's near some of Europe's best beaches. Loulé is a great place to visit at any time of the year, which extends the rental season into the quieter months. Offering all essential amenities, local transport links and municipal buildings, what are you waiting for?!...More
Time is right for you to invest in your dream property aboard in Portugal, Spain, Cape Verde, Cyprus, Bulgaria or Florida, but have questions? 
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Ideia Fabulastica Mediacao Imobiliaria Unipessoal Lda
Vila Sol, Alto do Semino, Lote E, Loja 1, 2 + 3
Quarteira. Portugal. 8125-307

Tel: 0800 133 7644 / +351 289 513 434
Monday - Friday 10am/7pm, Saturday 10am/5pm

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