Once again the GBP/Euro pairing was volatile this week with highs reaching 1.1807, lows of 1.1509 and an average exchange rate of 1.1686. This equates to a difference of 2.59% between high and low leading to a difference of 6,475€ on an exchange worth 250,000€.
Last week saw the publication of UK GDP data which temporarily caused a positive shift in the value of Sterling. This was short lived and the value of the Pound against the Euro dropped off towards the end of the week.
Sterling has been relatively strong against the other major currencies this week leading analysts to speculate that it is primarily Euro strength which is causing the movement. The value of the Euro has managed to rise even in the wake of the increased bailout of Anglo Irish Bank and the
downgrading of Spain’s credit rating.
Looking to the week ahead the Euro could strengthen further on the back of the announcement of Germany’s Purchasing Manager Index (Manufacturing) which is expected to be bullish. The PMIM measures the level of goods manufactured in the Eurozone’s strongest economy and therefore indicates consumer purchases and German trade levels.
On Thursday the BoE announces its interest rate decision. A hawkish outlook from the Bank and a rate rise would be positive for the value of Sterling. However it is important to note that the BoE have not indicated a rate rise and dovish comments could see GBP lose more ground to the Euro.
Both of these announcements could mean it is the ideal time for Euro buyers to capitalise. The
points raised emphasise the volatility of the market and the necessity to remain in close contact
with specialist currency exchange dealer, perhaps about the benefits of forward contracts as a way of safeguarding a rate of exchange. Small changes in exchange rates can lead to large
differences in transactions so utilising the expert knowledge and professionalism of a dedicated trader can help you save thousands of pounds.
Peter Elias www.allez-francais.com
sales@allez-francais.com
Sunday, 10 October 2010
Saturday, 25 September 2010
Golfer's paradise
A luxury modern property with a heated swimming pool, close to leisure lake & golf course, just bring your suitcase and golf clubs !
Completed in 2006, this spacious 3 / 4 bedroom, 3 bathroom home offering 190m² habitable area, with a heated swimming pool on a large elevated plot with views towards a lake and golf course, outside you will find a gravelled driveway, a large parking area, and a landscaped garden with stream running through it.
Membership of the local golf club gives you the opportunity to enjoy a testing 9 hole course as well as a beautiful wooded 18 hole course. This course is in partnership with another course just 15 km away, thereby giving members two courses for the price of one!The property is in a small hamlet in the south part of the Corrèze department. There are several local villages classified as "Les Plus Beaux Villages de France" within a short drive. The area is now serviced by Brive / Vallée de la Dordogne airport, with flights to London, which is likely to result in an increase in local prices. More photos and room sizes available upon request.
Link http://www.allez-francais.com/details.php?pty_id=1210
Peter Elias (Agent Commercial) http://www.allez-francais.com/
Dordogne Valley Contacts Tel: 05 55 28 46 40 (France) or Tel: 0844 284 2569 (UK)
Completed in 2006, this spacious 3 / 4 bedroom, 3 bathroom home offering 190m² habitable area, with a heated swimming pool on a large elevated plot with views towards a lake and golf course, outside you will find a gravelled driveway, a large parking area, and a landscaped garden with stream running through it.
Membership of the local golf club gives you the opportunity to enjoy a testing 9 hole course as well as a beautiful wooded 18 hole course. This course is in partnership with another course just 15 km away, thereby giving members two courses for the price of one!The property is in a small hamlet in the south part of the Corrèze department. There are several local villages classified as "Les Plus Beaux Villages de France" within a short drive. The area is now serviced by Brive / Vallée de la Dordogne airport, with flights to London, which is likely to result in an increase in local prices. More photos and room sizes available upon request.
Link http://www.allez-francais.com/details.php?pty_id=1210
Peter Elias (Agent Commercial) http://www.allez-francais.com/
Dordogne Valley Contacts Tel: 05 55 28 46 40 (France) or Tel: 0844 284 2569 (UK)
Sunday, 5 September 2010
Fantastic building plot
Fabulous land of 7,870m² with stunning views towards the south west, in a quiet hamlet under 5 minutes from Beaulieu sur Dordogne. Approached via a quiet road, the land sits on a sloping parcel, giving really wonderful views towards the sunset.
The owners have detailed plans approved for 2 dwellings.The 1st house would be a 4 bed property 152m² SH in a Quercy style with a character pigeonnier, large lounge of over 45m² and 3 bath / shower rooms.
The 2nd house 95.62m² SH would also be in keeping with the local style, with 3 ground floor bedrooms, and 1st floor space of 52m² convertible, plus a further 32.87m² under the eaves (below 1.8m high).
Of course, these plans could be changed / adapted to a single dwelling on a large plot if desired.
Schools and shops are just 3 km distant. The land is in a small hamlet near Beaulieu sur Dordogne, a popular market town set on the Dordogne River in the south part of the Correze.
There are several local villages classified as "Les Plus Beaux Villages de France" within a short drive. The area is now serviced by Brive / Vallée de la Dordogne airport, with flights to London, which is likely to result in an increase in local prices. More photos available.
Peter Elias (Agent Commercial) www.allez-francais.com
Saturday, 21 August 2010
Moving forward
They say that moving house is one of the most stressful experiences of your life, up there with divorce and loss of life. Well, it’s our turn next week!
After almost 10 years in the Poitou Charentes, we are turning a new page, and will be moving further south into the Corrèze department, close to the glorious Dordogne valley. Saying goodbye to our French neighbours is proving especially difficult. They have appreciated our efforts to integrate into their social network, and a few tears have been shed during the face to face meetings that we have had to date.
This is making the decision to move even harder than we imagined. Aperos last night continued ‘till almost midnight, under a starry sky and a lovely warm evening. Our immediate neighbours bought us a lovely momento of all things local, beautifully packaged in a wicker basket.
This weekend we prepare all of the boxes for the removal van, physically challenging work as well as emotionally draining. At least we know that our buyer has sent his money to the Notaire ahead of time, and we have the transfer of utility services all in hand. We even managed this week to successfully transfer our existing telephone number to our business associates so that we don’t lose any calls.
All of the tasks are slowly being ticked off, but we are now looking forward to the next chapter in our French adventure, in the Vallée de la Dordogne.
Peter Elias (Agent Commercial)
http://www.allez-francais.com/
After almost 10 years in the Poitou Charentes, we are turning a new page, and will be moving further south into the Corrèze department, close to the glorious Dordogne valley. Saying goodbye to our French neighbours is proving especially difficult. They have appreciated our efforts to integrate into their social network, and a few tears have been shed during the face to face meetings that we have had to date.
This is making the decision to move even harder than we imagined. Aperos last night continued ‘till almost midnight, under a starry sky and a lovely warm evening. Our immediate neighbours bought us a lovely momento of all things local, beautifully packaged in a wicker basket.
This weekend we prepare all of the boxes for the removal van, physically challenging work as well as emotionally draining. At least we know that our buyer has sent his money to the Notaire ahead of time, and we have the transfer of utility services all in hand. We even managed this week to successfully transfer our existing telephone number to our business associates so that we don’t lose any calls.
All of the tasks are slowly being ticked off, but we are now looking forward to the next chapter in our French adventure, in the Vallée de la Dordogne.
Peter Elias (Agent Commercial)
http://www.allez-francais.com/
Tuesday, 10 August 2010
Great renovation project
A renovation project with a lot to offer.
Comprising of a detached house with 2 rooms of 25 & 15m², plus a smaller room of 10m². 1st floor to convert with 2 rooms of 20m². The property sits at the end of a quiet cul-de-sac, with no passing traffic or nuisances. Adjoining the house is an open barn of 40m² that could easily be incorporated into the living accommodation. The stonework in this barn is very attractive.
Outside there are attractive gardens of 563m² with a small outbuilding and a well. The property has water & electricity available, but does need a fosse septique, but there is plenty of space available, and the soil tests etc have already been carried out.
The village is little more than 5 minutes from the popular market town of Chef Boutonne, with its café pavement culture and good range of local shops & supermarkets. There is a good choice of regional airports and the coast is about an hour distant at La Rochelle.
Peter Elias Agent Commercial http://www.allez-francais.com/
Friday, 6 August 2010
Bargain properties
In times of difficult market conditions there are always times when some vendors are under more pressure than others, and their prices become very negotiable.
This is when a buyer needs to work with their property agent, so that they know which ones are negotiable and which are pretty fixed on their price.
Currently, we have properties raning from just over 120,000 Euros to those at around 500,000 Euros that are quite negotiable. Get in touch with your requirements and we can tell you which ones you could pick up at a bargain price.
Happy hunting !
Peter Elias (Agent Commercial)
www.allez-francais.com
Sunday, 1 August 2010
Survive France Network
During recent weeks, I have joined a network called “Survive France” and found the people there interesting, helpful and able to communicate in words of more than one syllable, which seems a challenge on some forums in France !
There are a number of interesting groups on the network, such as the following :-
Bloggers in France
Computer corner
Rural writers
Photography club
Business owners in France
Music professionals in France
Plus one of course for the Poitou Charentes
There are many more, and you can start your own group. A great idea and one that I am more than happy to recommend to our clients.
There are a number of interesting groups on the network, such as the following :-
Bloggers in France
Computer corner
Rural writers
Photography club
Business owners in France
Music professionals in France
Plus one of course for the Poitou Charentes
There are many more, and you can start your own group. A great idea and one that I am more than happy to recommend to our clients.
Peter Elias (Agent Commercial) http://www.allez-francais.com/
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