The most important thing for you to consider is this: The cost of your future property will change every few seconds until you decided to either reserve funds at a fixed exchange rate OR buy the currency required to pay for the property. In some cases the value of a property has increased by £10,000 to £50,000 in the course of just weeks!
The final cost you pay to buy property abroad will depend on the exchange rate you buy your currency at so it’s crucial that the foreign currency exchange process is proactively managed.
Buying an overseas property is very exciting; however there are risks involved. In order to ensure that you know how to save money and to eliminate the possibility of having to pay more than you budgeted, Luso Property Service can help you to get the best exchange rate and reduce the cost of buying your overseas property.