Reply To: £ drifting towards 1.31 Euro…

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I can answer that one,just finished watching a ‘Place In The Sun’ on the BBC. They say that in 2004 30% of all property sold on the CDS was to the Brits.

I have finally thrown in the towel for the time being on looking for a property, its just to risky at the moment, we were looking to spend 400k euro last summer, today you would need a 20% reduction on property value and another 20% off because of the exchange rate. This would make a 400k property 256k, cant see that happening.

Have eaten to many hats over the exchange rate saga,feel distincly unwell

Steve V