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Theoule sur Mer - Character villa built in 1950, located 5 minutes from the beach and town center
Theoule sur Mer, French Riviera, France, 06590
REF: 837165
€2,450,000
Description
Theoule sur Mer - Character villa built in 1950, located 5 minutes from the beach and town center. This property comprises a 143m2 apartment in need of renovation, a 102.89m2 apartment and a 50m2 apartment, the latter two having been recently renovated. Three closed garages, and two cellars for additional storage. The plot offers the opportunity for adding a swimming pool.
Theoule sur Mer - Character villa built in 1950, located 5 minutes from the beach and town center. This property comprises a 143m2 apartment in need of renovation, a 102.89m2 apartment and a 50m2 apartment, the latter two having been recently renovated. Three closed garages, and two cellars for additional storage. The plot offers the opportunity for adding a swimming pool.
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Currency Exchange
Theoule sur Mer, French Riviera, France, 06590
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 €2,450,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,450,000 | £2,018,555 | £2,105,653 | £87,098 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,018,555 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,098 |
Theoule sur Mer, French Riviera, France, 06590
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 €2,450,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,450,000 | £2,018,555 | £2,105,653 | £87,098 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,018,555 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,098 |
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 £87,098 more.
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