Once you have decided to buy your dream property abroad, you may have to pay in the local currency. Therefore, when you buy property abroad, one of the most important points that you need to consider is working with a right exchange company ensure a secure money-transfer.

An example of the process:

You have bought a property. You have signed the contract and you need to pay. If the property is €150.000 and you have signed for this price:

Today’s rates are £1 = €1.5    so once the currency is exchanged the price you have to pay is £100.000

If the rates were to change after a month to £1= €1.43 the price of the property will increase to £105.000.

Premium Overseas Property want to save you money and avoid situations such as this. Therefore we would like to recommend you our reputable exchange company partners who will offer you the best secure rates for your money-transfer. 

Most high street banks always charge higher rates than most exchange companies. With our recommended exchange companies there are no charges, commissions or hidden costs.

If you would like to be put in touch with one of our recommended exchange company please call us on +44 (0) 20 75441099 or email finance@premiumop.com and one of our specialist will contact you.