Quote:
Originally Posted by Rivermead Global Property
Hi Demon, a lot with this one depends on the exchange rate as it is in Euros. If you bought yours at say 1.5 to the pound and pegged your currency exchange at 1.5 through your currency broker you would have done very well. As the Euro is now around 1.25 it makes the properties more expensive, for example 150,000 Euros @ 1.5 = £100,000 150,000 Euros @ 1.25 = £120,000. That is why it is necessary to have a good currency broker working for you. 
So you could be £20k better off if the above example fits your purchase!!
Hope it helps. |
yes i see what you mean,we purchased ours when the site was a hole in the ground and got a great deal on the exchange rate for the first 40%.just wish i put the balence to one side in the same account.the exchange rate at the moment is rubbish.still,we have plenty of time for that to change.