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Residencal la Aparecida de la Vega Baja forum threads
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01 Feb 2007 12:00 AM by chris meillam Star rating. 8 forum posts Send private message

Just noticed the euro exchange rate - 1.50!  When we bought our apartment last year it was 1.41 - a difference of nearly £5000 in total!  Hope they hurry up and finish P2 and 3 while its still high for you lucky people!

(We're in penthouse 6, P1 - if anyone wants to look us up when they are over!)

Chris and Mike



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07 Feb 2007 7:51 AM by ruscoe Star rating. 11 forum posts Send private message

Yes we noticed that, it will save us a considerable sum if it stays the same (fingers crossed)
Paul & Julia
apartment 14 phase 3


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12 Feb 2007 6:34 PM by dowszer Star rating. 9 forum posts Send private message

hi, just glanced on the exchange rate thing and you can buy your euros  at todays rate,put down 10 %  gbp now and 90 % on the date you settle. be aware that on phase 1 (  where i am  ) they were not ready  at time they said and i waited a month after but in the end they get there.......  you can negotiate on a forward contract now. i think its come back to 1.49  but if the bank of england add another 0.25 per cent in spring then inward investment from european banks to uk will increase the rate ,but sometimes the money markets know this ans its already bulit in. if i was wanting euros for say april or may i would buy them on a forward contract. if i can assist further please feel to ask . www.alansholidayhomes.com                                                        my website for rentals in la aparecida is www.alandowspain.co.uk


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29 Apr 2007 2:09 PM by dowszer Star rating. 9 forum posts Send private message

there is a meeting bank of england this week i think 2nd may or next ????   since inflation is at 3% which is high as gov , want it to be 1.5 % then there is possibility that they do a nasty 0.5 % increase to stop the spending in uk .  most finance say only 0.25 % but even then it will make the europeans feed the euros money into uk banks as better interest rates  in uk banks compared to european banks ,so you you might / maybe see a jump in  £ to the euro..... well we may get 1.5 euros to pound but who knows... /////???? alan.


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