Brits buying overseas get more for their money as sterling rises
Brits looking to buy property in the Eurozone are in the mood to celebrate, as the pound rises to its strongest position since spring 2017.
The sterling is currently growing against the euro, making now the ideal time for sun lovers and overseas property investors to buy a home abroad.
The GBP/EUR exchange rate has hit 1.154 and industry experts predict the pound will grow stronger as the euro weakens further over the coming weeks.
“An opportunity has presented itself for buyers to secure a fantastic property without feeling the sting of a low exchange rate,” said Chris White, founder of the Overseas Property Show.
Whether you’re planning a retirement in the sun or looking to invest in a rental property overseas, now could be the opportunity you have been waiting for.
To get the expert advice and valuable information you need to make a purchase, don’t miss The Overseas Property Show coming to Bolton this May.
The exhibition, whose clients include former Dragon’s Den expert investor Duncan Bannatyne, will be held at the Macron Stadium in Bolton on May 3 – 5.
It’s a must-see event for buyers and investors looking to purchase property overseas for holiday homes, permanent residences, retirement or rental income properties.
Qualified property professionals will be on hand with free, expert advice to take the stress, drama and uncertainty out of buying your home in the sun.
Mr White said: “At The Overseas Property Show, you’ll be able to browse stunning luxury properties in the prestigious Quinta do Lago on Portugal’s Algarve Coast.
“Or perhaps you’ll find your ideal home on one of the wonderful islands of Isla Canela in Spain or Cape Verde. Who knows, you might even be able to snap up a fantastic bargain from the repossessions portfolio!”
The event will focus on buying a range of properties from single homes to investment ventures in Portugal, Spain, Cape Verde, Bulgaria, Florida and Cyprus, plus estates and acreage in Florida.
You may be looking to permanently relocate overseas, retire abroad, buy a holiday home in the sun, or invest in a rental property to earn some extra income. Now you can meet the professionals and get the advice you need in person. These property experts can provide first class tips on:
● Possible tax incentives
● Adhering to legal requirements, at home and in your destination country
● Optimising your currency exchange
● Choosing the right mortgage
● Meeting residency requirements
● Property purchasing experience from inception to completion in your chosen country
The exhibition does the legwork for you by equipping you with the knowledge and tools you need to make the move into the international property market.
Mr White said: "Our goal is to ensure visitors who come to the show have access to independent opinions, gain valuable information about their location of choice, understand their options, and are able to walk away feeling much more confident about their buying decisions than they did before."
As an added bonus, attendees will also have the opportunity to win a free viewing trip to an overseas destination and a personalised consultation on how to find their dream overseas home.
Potential buyers can quiz the professionals – often expats themselves – who are happy to share their experiences and help answer all your questions about the realities of buying, investing and living abroad.
The exhibition will be held May 3 – 4, 10am – 6pm, and May 5, 10am – 5pm at the Macron Stadium in Bolton. Attendance and parking are free and eTickets can be obtained by visiting theoverseaspropertyshow.com