3 TIPS TO GET MORE EUROS WHEN YOU RENT A COSTA DEL SOL VILLA IN 2017
After all, if the exchange rate is high, you’ll obtain more euros when you exchange currencies, giving you a bigger budget to rent your ideal Costa del Sol villa, plus more spending money! With this in mind, how can you get the best exchange rate when you rent a villa on the Costa del Sol this year? Well, here are 3 top tips.
- Exchange currencies with a specialist currency broker, rather than your bank.
The first tip to get the most euros when you rent a Costa del Sol villa in 2017 is to exchange currencies with a dedicated foreign exchange dealer, rather than your bank. This is because the banks know that most people will go to them as the first port of call, and so they offer inferior exchange rates.
Instead, a specialist currency broker will obtain an exchange rate up to 4% better for you, which means you’ll receive far more euros when you exchange currencies to rent a villa on the Costa del Sol this year. With this in mind, call a dedicated foreign exchange dealer to get more euros!
- Start to think about buying your euros sooner rather than later.
The second tip to rent your dream Costa del Sol villa with more euros is to look at exchanging currencies as soon as you can. This is because, if you think about buying your euros sooner rather than later, you give yourself the biggest possible opportunity for a good exchange rate to become available.
Alternatively, if you buy your euros at the last possible minute, you’ll be forced to accept whatever exchange rate is available at that moment in time, even if it’s inferior. Hence, to get the highest euro total when you rent your ideal villa on the Costa del Sol, it pays to be the early bird!
- Accept a good exchange rate as soon as it becomes available.
The third tip to get more euros when you rent a Costa del Villa is to exchange currencies as soon as a good exchange rate becomes available, rather than being greedy and seeing how high it goes. This is because the foreign exchange markets are extremely volatile, meaning that the exchange rate is liable to rise and fall in the blink of an eye.
For instance, over just 3 days in early November 2016, the pound to euro exchange rate jumped 4 cents, as the UK economy grew very quickly, in spite of Brexit. Hence, buy your euros when you see a good rate, to rent your Costa del Sol villa!
With these 3 tips in mind, you’ll get the most euros when you rent a Costa del Sol villa, making your Mediterranean holiday all the brighter!
By Peter Lavelle at foreign exchange broker Pure FX http://www.purefx.co.uk