Consumer confidence is increasing in overseas property ownership, particularly in Spain, according to a report by property-abroad.com. The report cited a 26 per cent increase since last year in people stating that now is the optimal time to purchase foreign property, with almost a third believing Spain is an excellent location for property investment.
Post Office International Payments is advising those looking to invest in property in Spain or further abroad how to make the most of their money when transferring funds using an international money transfer.
International money transfers can make buying a property abroad more straightforward as they offer a reliable way of sending money abroad to cover all the costs associated with owning property overseas. However, some high-street banks impose high fees and charges for using their money transfer services, which could potentially cost an overseas homeowner dear if he or she is sending money abroad on a regular basis.
Post Office International Payments is a fast, easy and secure way to transfer money between UK and overseas bank accounts, making it an attractive deal for those needing to use an international money transfer service regularly.
The Post Office does not charge a fee for sending money abroad or receiving money, offers 0% commission and competitive exchange rates. It is easy to arrange your money transfer over the phone or online, making it a convenient tool for those buying property overseas.
