Further to anti-austerity party Syriza’s victory in the Greek elections, the Euro has now reached a new low and continues to dive even further.
A weak Euro means a strong pound, so is it a good time to buy property abroad?
If the situation continues and the pound goes from strength to strength then there can be no better time to consider buying a home in Spain.
Although this window of opportunity may be short lived, at the moment property in Spain has become a more affordable prospect for British and other non-Eurozone buyers than in recent years.
Accompanied by the fact that in January the Euribor rate fell to its lowest on record to 0.298%, meaning that mortgages are set to get cheaper, there is definitely a buzz of activity from prospective purchasers looking to buy along the beautiful Costa del Sol.
Discounted airfares, good hotel rates and a cheaper cost of living are enticing people out to the region of Andalucía in their search for the perfect home abroad.
Don’t miss out!
Let Winkworth help you find the right property in Southern Spain.
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