Foreign property is almost always priced in a foreign currency. To buy abroad, it is therefore likely you will need to make at least one foreign exchange transaction. Not choosing the ideal exchange rate could see your property costing far more than expected.
For example, a Thai property priced at €125,000 would have cost £88,930 to buy in mid-December 2007. But by mid-April 2008, this figure would have risen to £100,401 - an increase of £11,471 in only four months due solely to exchange rate fluctuations.
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