Currency Advice Sponsored by Gold Acre Estates

Currency Exchange for most people from the U.K is a must when buying a property overseas but it is generally the one thing that is always last on the list. Most people are aware of the rate for your sterling to euro exchange for your holiday spending but many people are not aware that there are commercial Rates for the larger transactions which makes a significant difference to
the amount of Euros that you obtain for your Sterling.

How do I go about it?

From our experience most people really do not think about Currency Exchange until after they have made their decision to buy their Dream Home in the Canary Islands and then and only then because your property is priced in Euros do you start to take a keen interest at what your Sterling Exchange rate to the Euro is valued at, this is vitally important to you as slight difference in the sterling to Euro rate can make a significant difference to the overall price that you pay!

Where do I go to Exchange my money?

Your first port of call is always your home Bank but they are not always the ones that offer you the BEST RATE. Like all high value purchases it pays to check the market place and to this end you should consider some of the specialist currency exchange companies.

Why Specialist Currency Exchange Companies?

The reason is that this is all they do, they are dealing in overseas currency Exchange Daily and by the pure nature of their daily trading are generally able to offer much better rates than the High Street Banks.

How do I contact Specialist Currency Exchange Companies?

There are many ways and we at Gold Acre Estates are always on hand to point you in the right direction. You will find links on our web site (www.goldacreestatesgrancanaria.com) to 4 of the largest Currency Exchange Companies within the United Kingdom today who are on hand to offer you no obligation advice. All are available to discuss and advise the best way to arrange you overseas currency transfers. Other sources to find alternative companies are magazines that
are published in the UK that specialize in overseas property purchase such as Homes Overseas, Spanish, Homes Worldwide, Overseas Property and many more, you will find that many overseas currency companies advertise in such places. For free advice on trends of how Sterling or the Euro is moving short medium to long term, all it costs is the price of a phone call…

How do I guard Against Fluctuations in Overseas Currency Exchange ?
By discussing with your chosen currency provider you can fix your rate of exchange for when you need your currency in Gran Canaria . You can fix your rate for up to two years prior to needing
funds which helps with buying property off plan and new constructions.

For more information contact:
www.goldacreestatesgrancanaria.com
or call 0034 928 56 56 13