Exchange rate

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17 July, 2015

Great news for British buyers in Spain – the pound reaching 1.438 at Inter bank rate with a good feeling on the market for the near future – Positive news from Mark Carney at the bank of England and the happenings in Greece are really helping strengthen the pound.


We are really seeing some stability in the prices of properties in the Benidorm área.  The trend is showing that prices have stopped dropping and sellers, based on confidence in the media and recent statistics are not jumping at the first offer but holding out for their price …..  We do believe we are starting to see the start of increases in the prices of property in the Benidorm área.


Amanda Penalver-Neal

British Agent
Holiday rental
Holiday rental