Transferring Funds To & From Spain?

Orihuela Costa property prices are at their lowest for many years, making this the ideal time to buy.

Part of the buying process is to get the maximum amount from your currency exchange to make your purchase even more advantageous, that is why Ford believes strongly in Moneycorp for all its customer currency requirements.

Current exchange rates for buying in Spain are at or around the best they have been for the last three years. Markets are slowly stabilizing and although we may see some setbacks, the trend seems to indicate that the long hoped for improvement and recovery is firmly on the way.

Property prices on the Orihuela Costa have fallen by as much as 50% over the last three years, the downward trend has most certainly ground to a halt over the last few months and we seem to be in a lull of pricing activity for the moment.

Amongst other signs of positivity, construction seems to have tentatively started up again whereas there has been little or no activity in the building sector for the last three years.

A sad factor of the crisis was the creation of the repossession property market. There are many repossessions currently on sale by the banks but from our experience, the prices in most cases exceed what is available from direct estate agency buying, indeed, the last time Spain had experienced a recession the banks apparently came out far richer than when they went into it.

So, attractive property prices and advantageous currency exchange rates – an ideal combination to realise your dream of owning property on the Orihuela Costa.