[test] This stunning one bedroom renovation is ideally located on Boulevard Victor Hugo, linking it to both the airport and old port in only a few minutes by the new tramway, set for completion in 2017.* Fashionable Location* Ideal Pied a Terre* New tramway stop close by (2018)* High Ceilings* Excellent Building* Option to buy furniture* Rented successfully as a holiday let on our rentals websiteFind out more about life in Gambetta / Victor Hugo.Contact us now for more information on this property.
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Flat Nice, Provence-Alpes-Cote d'Azur
Interested in this property? Don't lose out to currency fluctuations changing the price you pay…
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €226,000 property cost you?
|Property Price €
||Minimum cost in the last six months
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||Fluctuating exchange rates over the last six months could have increased the cost of this property by
The exchange rate on the day you make an offer on your property in France will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £17,303 more.
And then you have the additional saving from their better than bank rates - 1% on the minimum property cost above is a saving of £2,011.
Can you afford to lose £19,314?