You are making a huge decision when you plan to buy a property overseas so you need to plan your finances very carefully. You must avoid losing money on international transactions involved in purchasing property or moving abroad. Currency exchange rates change by the minute and can have a drastic effect on the price of the property you wish to buy. The right timing is all important so the effects of the exchange rates should not be ignored. It is essential to keep your planned budget in sight at all times.
This easy guide includes our top tips and the steps we recommend you to take for a successful move abroad and for avoiding any financial losses from currency exchange. Time is of the essence in this process and is closely linked with the best possible financial conditions.
Whether you are buying a property abroad or making regular or one-off money transfers, the companies we recommend are a safe and simple option for your financial operations.
When it comes to foreign exchange rates, obtaining the most for our clients´money involves three factors – exchanging currency at the right time, at the best rate and with the lowest possible fees. It should also be a simple process.
If you are considering a Mallorca property purchase, whether for lifestyle or investment, opening a no-obligation account with Key Currency will enable you to benefit from their competitive exchange rates and specialist currency knowledge, ultimately saving you money and time. Try it here!
For more information on buying property in Mallorca successfully, download the Mallorcas Guides Spain Buying Guide, and start receiving free news updates by email by signing up for our Newsletter from Pollentia Properties.