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Pound Sterling Brightens Overseas Buying Opportunities for Investors

Pound Sterling Brightens Overseas Buying Opportunities for Investors

Pound Sterling's recent rise against the euro is providing real estate buyers new confidence in buying overseas but window of opportunities may be short.

 

Chris White, CEO of Ideal Homes Portugal and International, which has a property portfolio consisting of Portugal, Spain, Cyprus, Bulgaria and Cape Verde, said: “An opportunity has presented itself for buyers to secure a fantastic property without feeling the sting of a low exchange rate. It’s a particularly good time to buy in Portugal. With property values increasing, affordable mortgage financing and interest rates as low as 1.75%, now is the perfect time for overseas real estate investment.”

 

With favourable market conditions making that holiday home or investment property abroad seem even more appealing, now is the time to seriously research and take advantage of the window of opportunity. While the positive outcome of the March EU summit has soothed turbulent markets and allowed the political dust to settle, analysts warned that trade negotiations between the UK and EU are likely to cause a fresh wave of uncertainty later this summer.

 

Interested buyers however can begin or complete their assessment of this window of opportunity, and how it best suits them by visiting The Overseas Property Show - which will be in Birmingham and Bolton end of April and start of May. Free advice from mortgage, currency, tax, legal and destination specialists will be available and visitors can also avail of personalised guidance on their purchase, move or investment overseas. 

 

The Overseas Property Show

April 28-30, 10-6pm

Motorcycle Museum, Birmingham

 

3-5 May, 10-6pm

Macron Stadium, Bolton 

 

Free eTickets & Parking

 

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