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It's a great time to sell your South of France Property
1 November 2016
If you are a property owner here on the French Riviera and will be transferring the profits of any sale back into £ Sterling then this is a great time to sell. With the exchange rate hovering around 1.10 Euros to 1.00 British pound then moving money back across the channel is a sensible move. We are working with many owners who will be exchanging euro profits into sterling to ensure that they are in a strong position to sell and to capitalise on the current exchange rate.
Here is an example:
Villa purchased in 2003 for 500,000 Euros (Total purchase price in Pounds Sterling 337,000)
Villa sale price in 2016 500,000 Euros (Sale price in Pounds Sterling 454,000)
Profit in Pounds Sterling: £117,000
If you are thinking of selling please contact our sales team for an initial discussion and valuation.