Best Foreign Exchange rates Today
Get the best currency exchange rates today.
Challenge us to beat your bank. We will save you money on:
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A better currency exchange rate
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local bank receiving charges in certain countries.
On a £10,000 transfer, and exchange to euros, we could save you over £800.
- Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
- GCEN have offices in Dubai for the UAE, Near London, Spain and Portugal
GLOBAL CURRENCY EXCHANGE Rates - aed,gbp,jpy,eur,cad,aud,usd
Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rate.
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Looking to buy a house in any of the following places in the UK? Property for sale in Huntingdon, Godmanchester, St Ives, Brampton, The Hemingfords, Houghton, St Neots, Cambourne, Eltisley, Gt Gransden, Lt Gransden, Lt and gt Paxton…. and many more. Please vist our site for UK property for sale here
Buying or selling Euros? Make a move
Wednesday 19th May, 2010, Global Currency Exchange market comment
Buying, or selling, euros?
EURO to USD / AED: The Euro slid again yesterday against the US Dollar, dropping to below $1.22. This had a great deal to do with Germany’s announcementthat they wish to ban “short selling” of shares and euro government bonds among its 10 most important financial institutions. This was the lowest figure against the dollar since April 2006.
Most people believe the euro has further to slide against the dollar and the aed of Dubai and Abu Dhabi. If you HAVE to sell euros soon, for dollars or aed, then you may want to talk to us about setting a rate, or just buy now!
POUND TO EURO: The pound continues to hold at over 1.15, with some good news coming from the Bank of England. It looks likely that the Bank will maintain interest rates at the current low level. British businesses can take advantage of the situation, with the lowest period of borrowing at this level for some considerable time. This, in turn, will help the economy to recover at a faster rate than Europe.
POUND to US DOLLAR: With some good news coming out of the UK economy, the Pound has slowed it’s decline, but sits at an uncomfortable $1.42. Most economists believe, Sterling will go lower against the USD.
With the currency rates altering as quickly as they are, we suggest you choose from the following:
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If the rate suits you now, make that exchange. It may go a bit more in your favour, but it’s just as likely to go against you.
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If the rate doesn’t suit you, contact us here, and let us know what rate you need. We will put you on our “Rate watch” list and contact you as soon as your rate is achieved.
Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here
Today’s Market Comment on Currency values
Friday 14th May, 2010. Global Currency Market Comment
Looking to buy or sell currency now? Use the currency converter on the right, and get the best exchange rates today.
Yesterday, was yet another turbulent day for both Sterling and the Euro. Both currencies lost ground against the US Dollar in particular. Now that the UK election result is agreed, all attention has turned on the uncertainty before the UK Chancellor’s emergency budget due within the first 50 days.
GBP: USD. The pound started off well enough at about $1.49, but sank to below $1.46 this morning. It would seem that the market currently prefers dollars, but that may change following the announcement in the US, that eight banks are facing investigation into the ratings of their mortgage products in the run-up to the financial crisis.
EUR:USD. It isn’t clear why the euro is struggling so much, given that the Eurozone has recently announced some reasonable economic data. It’s possible that the markets are becoming more anxious about the medium term prospects of theeconomic recovery in Europe. The Euro has dropped to close to $1.25. If the markets are concerned, expect this to go lower.
GBP:EUR. Early on in March, 2010, we saw the €1.10, now we’re regularly seeing €1.17 to €1.18. The last time we had rates like this, was between mid-june and early August 2009. After then, it dropped suddenly to €1.07, and we had many customers who had held off. They lost their opportunity.
With the currency rates altering as quickly as they are, we suggest you choose from the following:
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If the rate suits you now, make that exchange. It may go a bit more in your favour, but it’s just as likely to go against you.
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If the rate doesn’t suit you, contact us here, and let us know what rate you need. We will put you on our “Rate watch” list and contact you as soon as your rate is achieved.
Talk to us about placing just a 10% deposit down, and fixing your currency deal at the best exchange rates today. It could save you thousands.
Call: 0044 1480 458 400 (International) or 01480 458 400 (if inside UK) for the best currency exchange rates. If you prefer, contact us by email here
Open a Free Currency Exchange account with us to make your Bank-to-Bank transfers much better value. Sorry, we don’t handle cash in any way.
Pound Rate Cut to Just 1.5 Percent
Rates cut to all time low by Bank of England.
Rates dropped today by 0.5 percent to 1.5 percent, the lowest in the Bank’s 315-year history.
The Bank has had to balance the immediate interests of the UK economy against the potential wider economic fall-out with the distinct possibility of the currency rise of the Pound yesterday against the Dollar and the Euro, being instantly wiped out.
This could have an immediate effect on the recent strength of the Pound. If you have Pounds to sell, it may be worth contacting our currency dealers now.
Keep a close eye on the currency fluctuations with our LIVE CURRENCY RATES CONVERTER . If you are considering changing money over the next few days, you may wish to consider using some currency tools such as a “stop loss order” or maybe buying your money in advance of when you need it at a point when the rate is best for you. This is called a “Forward Currency Contract”. Read more on types of currency transaction here, or just call us and we will gladly explain how we can help you.
- We trade commercial amounts of currency, at commercial rates.
- We don’t charge for transfers in excess of a monetary value equivalent to £5,000
- We don’t charge commission
- We DO give you an individual executive dealer to talk to
From outside the UK: 0044 (0)1480 458400
West Algarve, Properties for sale
Looking for a property to buy in the West Algarve, Portugal?
For the largest selection of West Algarve properties for sale go to the specialist Portuguese property brokers where you can view the large range available.
They have everything from small plots of land, apartments, some with sea views, villas and large luxury villas. The prices range from about €60,000 right up to above 3 million euros. The selection is vast. There are golf frontage villas, apartments and fractional share properties on developments such as Pestana, with it’s golf courses, and Parque da Floresta Golf development right over in the west of the Algarve.
Here is just a small selection out of 200 properties for sale:
Lagos, West Algarve, Portugal. This Luxury 3 bedroom Villa for sale in Lagos Algarve has stunning sea views. This villa with guest annexe is located in the Lagos area, and is in a seclued and quiet location overlooking the ocean.
Priced at €1,350,000
Golf Villa in Parque da Floresta , West Algarve. This fantastic villa in phase 2 at Parque da Floresta Golf Course, facing south east it is possible to enjoy magnificent sea and golf views and enjoy the sun all day long.
Priced at €1,300,000
Villa for sale in Praia da Luz Algarve. Built to a very high standard this three bedroom villa is located in an attractive residential urbanization on the outskirts of Praia da Luz. This 3 bedroom, 3 bathroom villa, would make a great family home and would equally rent well.
Prices at €675,000
More information on this villa
Or, if you’re looking for somewhere where you can holiday and get a rental income from, how about this property in the most Western Town in the Algarve…. Sagres. The house has studio apartments with its own private garden and wine cellar. The property has: entrance hall, living/dining room with fireplace, kitchen, 4 bedrooms and 2 bathrooms and includes 2 studio apartments.
Priced at just €270,000
If you’d like to choose from a selection of over 200 properties for sale in the West Algarve, have a look at this comprehensive property website. The agent has an office in the Algarve and is on hand to help you to find your ideal home. They can also assist in arranging mortgages and lawyers.
If you feel the need to calculate the Euros into another currency, such as the Pound, at today’s rate, just use the currency link to the side.
The value of your foreign currency can be fixed for a given period ahead. If you don’t wish to transfer your money now, you can book the rate of exchange now, for a date ahead.
To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange,
Better Homes, Plus a Great Caribbean Investment
Better Homes Plus, Pre-launch, off plan in the Caribbean
Better Homes Plus, have a fantastic opportunity to buy Caribbean property, off plan, at pre-launch prices on Las Canas Beach Resort is a luxury 5 Star golf development that is situated on the Dominican Republic’s north coast. Located 10 minutes from Cabarete and 20 minutes from the airport, this stunning Caribbean resort is set within a lush tropical landscape surrounded by hundreds of palm trees along a white sandy beach. Better Homes Plus have organised 100% finance available to go with this, why invest anywhere else?
Thatched water bungalows are positioned just offshore and beautiful villas lie along the riverside and beachfront, where owners can enjoy the stunning panoramas offered by this idyllic location. The golf course is interspersed with villas affording vistas over the greens and fairways to the magnificent landscape beyond. The properties at this world class resort come fully furnished with stylish, modern simplicity.
So why should you invest?
2 year 10% rental guarantee- 100% finance available, developer pays interest
- Pay only AED 6,500 as a reservation fee (convert this to your currency)
- No further payments until 2012
- 30 days per annum free use
- A five-star golf resort
- All units fully furnished with state-of-the-art entertainment systems
- Spacious apartments with full balconies and sea views
Don’t miss out on this superb pre-launch opportunity.
Getting Work in Dubai
Working in Dubai, and becoming an expatriate in the UAE, is a long-held ambition for many who wish to lead the expatriate lifestyle that Hong-Kong used to supply. However, the skills required for work in Dubai are more varied, and the requirements for working in Dubai, are considerably different.
Despite the appearance of a western culture, it must be said that those working in Dubai must respect the fact that it’s citizens are devout Muslims. Local cultures must be respected along with the laws. This includes the requirement to have a sponsor for your work in Dubai.
To work in Dubai, most expatriates will need to be sponsored by an employer who is based in there. If you have skills in the construction industry, finance such as banking of foreign currency transfers, or the media, then Dubai has many sponsors looking for just the right people looking to emigrate to the UAE.
Dubai, part of the United Arab Emirates, UAE, has expanded rapidly since the 1980’s with attractive salaries, tax-free wages and the opportunity to live in the city-state of Dubai which is one of the few places in the world with a “can-do” attitude at the moment.
While the other Gulf states are catching onto the idea that they too, can have tourism and business as essential ingredients within their economic mix, Dubai is currently the undisputed “Hong Kong” of the Arabian Gulf.
However, living in paradise now comes at a cost! Where wages are generally high, so follows a high cost of living. Renting a property in Dubai can be a costly exercise. Most single westerners share a rental property.
Finding work in Dubai isn’t the main problem. Getting permission to work there is the main initial objective of most would-be expats. You can visit Dubai on a 3 month tourist visa, then look for your job. Be sure that the company can sponsor you. To apply for a tourist visa, go to the British Embassy, www.uaeembassyuk.net.
Most Western expats, now working in Dubai, arrive as tourists and can usually get a tourist visa on entry. However, if you’re South African you must have a hotel booking and organise a visa before you visit. Either way, once you gain your permit to work in Dubai, you’ll need to leave the UAE, then re-enter using your work visa.
It should be noted that a work visa will tie you to one employer. If you want to change jobs within Dubai, the law requires a six month “cooling-off” period between jobs.
Some items to organise before you go:
If you think you’ll need your educational qualifications when looking for a job, get them certified by a Public Notary, your own Ministry of Foreign Affairs and the UAE Embassy in your home Country. You’ll need this to make the work visa application a much faster process. Try the UAE embassy on 0870-005-6984.
Get a bank account organised. If you are going to stay on in Dubai, or anywhere in the UAE, you’ll need a bank account as it’s likely that you will be paid in Dirhams, or AED dhm, as they are known. If you’re planning on taking some savings to Dubai, use a reputable FX, currency exchange, company. They are much cheaper than the banks and they are faster. One such company is FX-Foreignexchange. They have an associate office in Dubai and have Barclays Bank as their treasury provider and help many individuals to get the best rates for Dirhams versus other currencies such as Australian and US Dollars, Bristish Pounds, the South African Rand and the Euro.
This FX company regularly helps large corporations to make vast savings when transferring payrolls or supplier payments in and out of the UAE. If it’s good enough for them, why not you?
You can open a foreign currency exchange account, for free here, before you go to Dubai. But, you will need a bank account over there to make your aed dhm transfers to/ from.
Global Currency Daily Rates
Here is a sample of the global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just let us know in the form below this table. We trade commercial amounts at commercial rates.
Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
GLOBAL CURRENCY EXCHANGE NETWORK - Base currency British Pound Sterling
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| UAE dhms. Dirham | AED | 0.1653 | 6.0562 |
| Australian Dollar | AUD | 0.4115 | 2.4336 |
| Brazilian Real | BRL | 0.2874 | 3.4948 |
| Canadian Dollar | CAD | 0.5024 | 1.9926 |
| Swiss Franc | CHF | 0.5365 | 1.8656 |
| Egyptian Pound | EGP | 0.1103 | 9.2551 |
| Euro | EUR | 0.7925 | 1.2634 |
| Japanese Yen | JPY | 0.006184 | 161.879 |
| Polish Zloty | PLN | 0.222 | 4.516 |
| US Dollar | USD | 0.6071 | 1.648 |
These are just indication rates as of 8.30am on 31st October
- Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) .
- We’ll quote you the best exchange rate for Euro, usd, gbp, aed and more.
Keep up-to-date, visit our foreign exchange dealing site and request to be kept informed about a particular currency.
A Hideaway in a Sublime Location
Looking for a hideaway property in a sublime location?
Look no further… this wonderful apartment must be in one of the most sublime locations of all.
It sits nestled above the beautiful natural Andratx harbour in the southwest of Mallorca. The up-market harbour offers quaint local shops and seafront restaurants, together with a marina and sailing club where even the little ones can spend their time learning to sail in the safe harbour environment.
If you are looking for the perfect combination of a sublime location and a place in the sun, this one bedroom apartment is surely one of the loveliest homes overseas available. Priced at just 590,000 euros, this penthouse offers sea views from the 50 square metre terrace, and a communal pool shared between just 20 apartments.
More information on this penthouse, and other overseas properties abroad can be viewed at Gatehouse Elite, which offers a full portfolio of luxury homes overseas, all set in the prime locations.
The Pound Sterling Rate 9th October
Base Currency: British Pound, GBP on Thursday, October 9, 2008
Contact us, to get a quote for the best rates today.
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1561 | 6.4143 |
| Australian Dollar | AUD | 0.394 | 2.5415 |
| Brazilian Real | BRL | 0.2441 | 4.1301 |
| Canadian Dollar | CAD | 0.5167 | 1.937 |
| Egyptian Pound | EGP | 0.1056 | 9.725 |
| Euro | EUR | 0.7814 | 1.2803 |
| Japanese Yen | JPY | 0.005703 | 175.46 |
| Polish Zloty | PLN | 0.2256 | 4.4439 |
| US Dollar | USD | 0.5732 | 1.7452 |
If you prefer to speak to someone, call 0044 (0)1480 458400, ask for Zoe
Currency Exchange Rates 8th October, 2008
Base Currency: British Pound, GBP on Wednesday, October 8, 2008
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1558 | 6.427 |
| Australian Dollar | AUD | 0.4122 | 2.4288 |
| Brazilian Real | BRL | 0.2592 | 3.8753 |
| Canadian Dollar | CAD | 0.5192 | 1.9274 |
| Egyptian Pound | EGP | 0.105 | 9.672 |
| Euro | EUR | 0.7765 | 1.2886 |
| Japanese Yen | JPY | 0.005603 | 178.573 |
| Polish Zloty | PLN | 0.2265 | 4.426 |
| US Dollar | USD | 0.572 | 1.7489 |
Contact us, to get a quote for the best rates today.
We are currency exchange specialists and tend to deal in larger money transfers. The following currencies are our major trades: US Dollar, Euro, Canadian Dollar, Australian dollar, Egyptian Pound, Brazilian Real, AED UAE Dirham, Japanese Yen and Polish Zloty.
If you prefer to speak to someone, call 0044 (0)1480 458400, ask for Zoe
Currency Exchange Rates Today
| Currency | Code | GBP/1 Unit | Units/1 GBP |
| Utd. Arab Emir. Dirham | AED | 0.1538 | 6.5097 |
| Australian Dollar | AUD | 0.4373 | 2.2911 |
| Brazilian Real | BRL | 0.2793 | 3.5966 |
| Canadian Dollar | CAD | 0.5219 | 1.9191 |
| Egyptian Pound | EGP | 0.1046 | 9.8949 |
| Euro | EUR | 0.7778 | 1.2873 |
| Japanese Yen | JPY | 0.005366 | 186.567 |
| Polish Zloty | PLN | 0.2288 | 4.3826 |
| US Dollar | USD | 0.5648 | 1.7717 |
Still a Strong Property Market in Portugal
Despite the recent market conditions, property sales in Portugal seem to be bucking the trend. There are many reasons why people continue to buy property in Portugal.
Investors, mainly from Northern Europe, are still looking for a safe place to invest their money, away from the banks and into the traditional commodity, property. Portugal still offers great value, especially in the West coast areas and the central regions including the Alentejo. Prices are still relatively low and there still seems to be enough tenants for the properties.
Other investors are using the “credit crunch” to take advantage of the bargain properties in the Algarve. Developers haven´t over-developed in the same way that the Spanish and Turkish developers have, so the market is still strong enough to give an investor confidence, but the developers do seem to be offering great deals just to shift properties and to reduce their gearing with the banks.
Lifestyle buyers are able to pick up some great deals, especially in the Algarve, as owners in other countries have been forced to sell. The property market in Portugal offers sufficient variation in style, location and price to suit all tastes. The airports are well served from all over the world and flights from Northern Europe are frequent and cheap. The perfect recipe for lifestyle buyers.
To find a large selection of properties for sale in the Algarve, west coast, silver coast and the centre of Portugal, visit Algarveprop.com, THE property specialists for Portugal.
Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, visit fx-foreignexchange, and we will get back to you with the best foreign currency exchange rates.West Coast properties near Lisbon
Lisbon Coast,West Portugal
This area is known as Costa de Lisboa in West Portugal. There are many towns in the Lisbon Coast of West Portugal apart from the Lisbon itself. The popular ones are Cascais, Estoril, Mafra, Sesimbra, Setúbal and Sintra. There is also Queluz which is an urban suburb to Lisbon.
Below is a small selection of property for sale in West Portugal - for a wider range of property for sale in West Portugal visit www.algarveprop.com
Property For Sale In West Portugal - Cascais €600,000
Bedrooms: 2
Bathrooms: 2
Internal Size: 270 m2
Built In: 1991
Situation: Coastal
Pool: Communal pool
Reference aces_1011
Property in West Portugal - Estoril €425,000
Bedrooms: 5
Bathrooms: 3
Internal Size: 200 m2
Plot Size: 350 m2
Reference aces_1033
Property for sale in West Portugal - Cascais €400,000
Bedrooms: 4
Bathrooms: 3
Internal Size: 195 m2
Built In: 2001
Reference aces_aet1001
Property for sale in West Portugal - Sintra €850,000
Bedrooms: 4
Bathrooms: 4
Internal Size: 300 m2
Plot Size: 520 m2
Situation: Golf Course
Pool: Yes
Reference aces_1018
Property for Sale In West Portugal - Cascais €275,000
Bedrooms: 3
Bathrooms: 2
Internal Size: 135 m2
Built In: 1995
Reference aces_1010
Click here for further information on the any of the above property in West Portugal.
For a full range of property for sale in West Portugal visit www.algarveprop.com
Get the best currency exchange rate available today…How to Buy a Property in the Algarve, Portugal
BUYING A PROPERTY IN PORTUGAL
The Legal Process
Buying a property in Portugal is relatively straight forward provided the ownership of the property is clear and the purchase laws are strictly adhered to. The process, if it doesn’t involve an off shore company, consists of two distinct stages - the promissory contract (Contrato Promessa de Compra e Venda) and the final deed (Escritura).
The Promissory Contract
This is a legally binding contract between both parties provided all signatures are verified by the local public notary. On signing the contract, the buyer pays a deposit which is normally 10 percent of the agreed purchase price. This deposit is non-refundable unless specifically stated in the contract. If the buyer breaks the contract he loses the deposit and likewise if the seller defaults he is legally obliged to return the deposit plus compensation which is usually equal to the sum of the deposit. It is acceptable for both parties to ask for a copy of the contract to be translated into their monther tongue.
The contract covers a number of points including the following:
* Confirmation of the precise identity of the seller and buyer
* Precise description of the property
* Confirmation of clear title of ownership
* Agreement for payment of deposit and terms if the contract is broken
* Agreement concerning stage payments if applicable
* Confirmation of date of completion of sale
Before the contract is signed, the seller has to produce all the relevant paperwork relating to the property to show to the buyer or his/her lawyer so that necessary searches can be made to ensure there are no outstanding debts e.g. rates, loans against the property and a habitation license confirming the property is for residential use.
The Final Deed
This is the official document of the transfer of the property and has to be signed in the office of the public notary who checks all the previously mentioned documents. The notary will also require document evidence issued by the local tax office (Finançes) that the buyer has paid the appropriate property acquisition tax (IMT) and, if relevant, a document confirming power of attorney. If the property is part of a condiminium, an associated condominium agreement will also form part of the final deed. Unless the buyer understands Portuguese, the notary will insist on verbal translation into the buyer’s monther tongue. The deed is then signed by both parties and the balance of the purchase price paid to the seller. The property is then transferred to the name of the new owner at the land registry office (Conservatorio Predial) preferably by the buyer’s lawyer. This final registration is very important and the buyer should ask for a copy. All costs for professional advisers, notary charges, land registry fees, the final escritura, etc are normally calculated on the agreed value of the property. The seller pays his own lawyer and any commission to the real estate agent.
Costs
The associated costs of buying a home in Portugal are as follows:
Property Transfer Tax (Imposto Municiple Sobre as Transmissões Onerosas de Imóveis)
This is levied on a sliding percentage scale according to the agreed purchase price of the property. It has been common practice in the past to artificially depress the purchase price when buying a property in Porugal in order to decrease the amount of tax to be paid by the buyer. This is strictly illegal and the authorities are tightening up on this tax avoidance so do not be tempted as the financial penalty may be severe if the avaoidance is discovered when you come to sell at a later stage. The IMT is levied at a rate if 5% on rustic properties and 6.5% on urban properties. Properties under €81,600 are excempt. Properties in excess of €510,000 are levied at 6% whether rustic or urban.
Notary’s Fees
This is calculated according to the agreed purchase price of the property and levied at between 1.5% and 2%. There is a nominal charge for stamp duty and for registering the property at the land registry following completion of the final deed.
Lawyer’s Fees
Normally between 1% and 2% though some lawyers charge a set fee of around €2,500 plus IVA (IVA is currently 20% and is Portugal’s equivalent to VAT)
Imposto Municipal Sobre Imóveis
This is an ongoing cost that continues after buying a property in Portugal and corresponds to the annual rates paid on your home to the local authority (camara). It is caluculated on the rateable value of your property and normally levied at between 0.8% and 1.3% depending on the location of the property. First time owners who are resident in Portugal or retired pensioners are eligible to claim exemption for a period of between 3 and 6 years subject to the size and location of the property.
Before you transfer money into Portugal, it’s always worth talking to a foreign exchange broker. They can save you a great deal of money when compared with making a currency conversion at your local bank, then using them to make the transfer.
Talk to FX-Foreignexchange and get them to explain how they can save you money, or simply visit their informative website and make the currency conversion there.
Condominium Charges
These are paid on a montly, quarterly, bi-annual or annual basis by owners enclosed on a condominium development towards the upkeep of communal facilites and areas. Costs vary according to the level of services and ammenities. On average they range from €65 per month to sometimes as much as €500 a month in the more upmarket resorts. Condominiums are governed by a Condominium Contract that forms part of the purchase of the property within the condominium.
Offshore Purchase
It was common practice, but not so common now, that when buying a property in Portugal it was acquired through an offshore company in order to avoid taxation levied on on normal house purchase process. The buyer forms a company offshore and purchases shares of the company in ownership of the property. There have been a number of changes in government legislation regarding buying property in Portugal in this way and should take legal advice in this matter.
For a wide range of properties for sale in the Algarve visit www.algarveprop.com
Beach House for sale in the Algarve
For just 205,000 Euros you can have a beach house and just completely get away from it all; have a real rest; almost go back in time, it’s possible on Armona Island. Armona Island is located just off the coast in front of the town of Olhao in the East Algarve in Southern portugal.
Armona Island can only be reached from Olhao where a small ferry or water taxi takes you. There is no traffic on Armona Island: no cars, no motorbikes, and only a very few bicycles. There are a few hundred houses on Armona, a handful of restaurants and small supermarkets stocking the basics for everyday life.
The houses are mostly single-storey; some being permanent homes but the majority are holiday homes. The habitants are fishermen and their families but visitors are always made welcome and can taste the daily catches in the restauraunts. Armona Island is a place for walking, riding a bicycle or simply just doing nothing and absorbing the tranquility.
A 5 bedroom villa for sale on Armona Island offered in a good conidtion and ideal for a beach house or for renting out as an investment. The property enjoys terrace views of the beach and sea.
The property is 113m2 on a plot of 152m2.
The price is just €205,000.
For more information and photos on this Beach House on Armona Island, Algarve email us here
Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed, brl, pln, and more.
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Why is it beneficial to invest in Dubai Real Estate
Dubai is the hotspot for real estate investments. The reasons are not difficult to find. There are innumerable reasons that can be listed to explain why you should invest in Dubai’s real estate market instead of other places.
You get an excellent deal, as it is cheaper to buy property in Dubai in comparison to other similar trading hubs around the world like London or other European cities. The city is a lifestyle paradise where nearly 180 nationalists and cultures come together and live in peace. Multicultural and multilingual, this city can make anyone feel at home. The government is lenient towards foreign investors and does not levy any burdensome taxes. Low crime and corruption rates make Dubai relatively safer than other countries with high crime rates. A strategic location at the confluence of all continents makes Dubai attractive to investors across the world to come to invest here. One of the fastest growing cities in the world, Dubai offers state of the art infrastructure and world-class business environment.
Unlike other investment options like hedge funds, stocks etc, and property prices are stable. In times of inflation when other investments erode, property continues to grow in value. Rental income from property is a stable source of income, and while it might fluctuate a bit, it is unlikely to completely vanish. Unlike other markets, Dubai real estate market is open to all investors.
With liberalization and globalization being the present buzzwords, Dubai’s real estate market is bound to get a boost due to inflow of funds and liquidity. Dubai’s real estate sector is barely a few years old and offers a plethora of investment opportunities assured to give good returns. Still in a nascent stage, there is tremendous scope for Dubai real estate industry to grow. Investing in Dubai properties can help earn consistent money by renting out properties. Lavish lifestyle, tall buildings, world-class
facilities, Dubai is a fast-growing economy. A heaven for investors, whether big or small, Dubai has something to offer for all kinds of investors.
A liberal economic system and no foreign exchange controls, trade barriers or quotas, Dubai holds the distinction of being the No. 1 city among the GCC countries. World-class laws, a state-of-the-art land registry and a strongly-led regulatory authority, Dubai offers 100 percent repatriation on capital and profits to investors. One of the safest cities in the world, Dubai offers strong incentives and protection to investors.
Known for its largest mall and tallest buildings, Dubai is the front-runner in developing mega projects and theme parks. Nearly 20 percent of the world’s construction cranes are involved in 200 mega projects in Dubai. Expected to absorb hundreds of thousands of residents and 15 million tourists and 120 million passengers by 2010, Dubai is growing at an incomparable rate.
One of the most proactive developers in the Middle East, Dubai can give you the right kind of investment opportunity to suit your budget and aspirations. So why not grab the opportunity and make hay while the sun shines?
Seaview apartments in Puglia, Italy
New seaview, apartments for sale in the unspoilt Italian region of PUGLIA. The Vista Mare apartments - San Pietro in Bevagna, are offered for sale with a choice of finished apartments, or off-plan.
They are a great price, considering they have sea views! For the 2 Bedroomed apartments they are priced from only €110,000. That’s about US€155,000.
They are on a small development of 2 bedroomed apartments only 200 metres from some of Italy’s most beautiful beaches.
Choice of recently completed apartments (60m2) range from €119,950 or soon to be built (50m2) from €110,000.
Key Features:
- 2 bedroomed apartments with parking
- 200 metres from the sea
- Some apartments with huge sun terraces
- Restaurant and shops within walking distance
- Only 1 hr Brindisi airport
- 25 minutes Manduria
- 1 hour Ceglie, Lecce & Gallipoli
- Some of Italy’s finest sandy beaches on your doorstep
- Good rental potential
20% deposit with balance on completion. So, a simple deposit of about US$31,000, could secure you a wonderful holiday home in Italy.
REGULAR INSPECTION VISITS are provided from European destinations.
Before you transfer money into Italy, it’s always worth talking to a foreign exchange broker. They can save you a great deal of money when compared with making a currency conversion at your local bank, then using them to make the transfer.
Talk to FX-Foreignexchange and get them to explain how they can save you money, or simply visit their informative website and make the currency conversion there.
If you require, and are Europe based, Euro Mortgages are available through Barclays Bank in Italy - Subject to status- Please ask for details
To request more information, contact us below:
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Bargain Apartments in Calabria, Italy
CALABRIA - SCALEA - VISTA MERIDIA APARTMENTS
1 AND 2 BEDROOMED APARTMENTS FROM €71,450 TO €131,500
Scalea is a picturesque town situated in Calabria in southern Italy, on the sunny Tyrrhenian coast. The old town is placed on the heights and preserves the remains of an ancient wall, while towards the beach, the Scalea Marina centre has recently been developed, with modern, comfortable hotels splendid villas and numerous, fully-equipped bathing areas on the beach. These enchanting beaches look out onto a sea of incomparable beauty.
Scalea is synonymous with seaside and holidays. Indeed, it is one of the most visited resorts in Italy. But the name of Scalea is also synonymous of culture, history and folklore. During the Swabian, Angevin, Aragonese and Spanish era, Scalea became an important fief and a centre of study, which was gradually enriched with monuments and works of art, most of which can still be admired today. In the old hamlet the main “street” is an attractive stairway that begins in piazza De Palma: it is a natural amphitheatre.
Key Features
- 1km from Scalea old town and beach
- Residents swimming pool
- Choice of 1 or 2 bedrooms
- Apartments nearing completion - some ready to move in.
- Airport 30mins (La Mezia Terme)
- Only 30% deposit
- Inspection Visits
If purchasers are interested in renting out their property in Italy, please visit our sister company’s Web site Italianvillasforsale.
Please don’t hesitate to contact us for an e brochure or any further information.
