Anyone with a holiday home abroad and expats need to regularly transfer currency to pay ongoing expenses. The ideal time to do this is when exchange rates are favourable. In 2010 and 2011 the British pound has lost value against the Euro which has seen a number of expats giving up their dream of a holiday home in the sun and returning home. At the same time, countries such as Spain have experienced a slump in the housing market to compund the problems. One possible temporary resolution has been to let the property for self-catering holidays.
Money to pay bills and maintenance expenses still needs to be sent abroad unless the rental income covers any outlay.
One compant that we have found helpful and reliable in arranging currecy transfers is www.rationalfx.com
Do please contact us if you would like to advertise your villa or apartment in Spain. We offer favourable rates for all countries outside the UK and Ireland.
In the meantime, perhaps we could tempt you with a holiday somewhere different for a change, with a different cuisine and new foods to try. Take a look at holiday cottages and villas to rent in the following European destinations shown by the food of the country:
We also have holiday cottages abroad in other foreign destinations, do take a look and find that somewhere special to enjoy your days off on holiday.