Overseas Bargains for sale
Gatehouse International have cheap bargain properties for sale, overseas.
Gatehouse International have teamed up with property agencies and banks from all over the world to be able to offer the cheap bargain properties for sale, that the buyers seem to be craving at the moment.
As these properties for sale, tend to sell to quick decision makers, we recommed that you let us know that you would be interested. All you have to do is fill in the short form below, let us know which area of the World you are interested in, and we will mail you with the bargains, reposessions and distressed properties for sale, as they become available.
By way of example, we recently offered 2 brand new villas for sale on the World renowned Polaris World resort. The 2 lucky buyers saved 190,000 euros and paid just 280,000 euros. A saving in the region of 40%. “The catch?”, I hear you say….. well, there isn´t one. They were on great plots and in one of the lovely Polaris World resorts near Murcia, Spain.
So, if you are looking for a cheap bargain property for sale anywhere in the world, just let us know who you are and what you need. We will let you know as soon at they become available. We currently have over 6000 properties for sale.
The rest, as they say, is up to you.
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The Aed, Currency of Dubai
The UAE dirham and international money transfers
About the AED:
AED, or dhs, is fixed to the US Dollar. As a result, the recent decline in the value of the US Dollar against the Euro and the GB Pound has had an obvious effect on the AED rate when trading currency in Europe.The UAE dirham (AED) is divided into 100 fils. Coins are in 5, 10, 25 and 50 fils and AED1. Notes are in denominations of AED5, 10, 20, 50, 100, 200, 500 and 1,000. $1 = 3.6722AED and currently £1 = 7.2504AED.
Currency exchange between Dubai and London:
With the opening of the Gatehouse Bank Plc in Central London, a fully compliant shariah bank, there is likely to be an influx of interest in exchanging AED´s for Pounds.
There are no restrictions on the import and export of money into, and out of, Dubai.
Everyone holding a residence visa in Dubai is allowed to open a bank account and to import and export funds, although it’s unusual for people to bring funds into the country with the current excepion of foreign funds being used to buy property in Dubai. Accounts held overseas are of no interest to the fiscal administrations in any of the states. No declarations of currency are required when entering any of the territories, so travellers can move currencies in and out without restriction and in any form that they choose.
International bank transfers are something the Dubai currency exchange brokers handle comfortably. The money transfers out of Dubai have long been a lucrative business, particularly since the property boom began in recent years. The large number of expats who have moved to Dubai regularly exchange their money, and make transfers abroad to their home country.
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How to transfer aed and get the best exchange rates:
All the retail banks will transfer money to any destination and in any currency. Many people find it convenient to use their own bank to transfer money overseas, but there are plenty of currency dealers offering this service, so shop around to obtain the best currency deal. The main factors involved in transferring funds overseas are the exchange rate offered and any commission charges plus the money transfer charge. The rate quoted by a high street bank may look attractive, but if the combined charges are high, you might be better off with a company like fx-foreignexchange. In addition, many overseas receiving banks will make a recipient charge. Using fx-foreignexchange, there will not be any receiving charges in most cases.
Different transfer systems are available, and the speed of transfer is the main determinant of the charge levied. The methods are postal, bank-to-bank, telex, telegraphic and SWIFT (or similar titles). For an explanation of currency terms, visit this page.
If you intend to send significant amounts of money abroad for business transactions, such as buying a property, or making a payroll payment on a monthly basis, ensure that you’re given the commercial rate of exchange. The tourist rate or standard rate that you see quoted in your newspaper or posted on the bank’s currency exchange board can be considerably bettered for large exchanges and transfers.
Fx-foreignexchange have a currency trading office in Dubai.
Get a quote for the best aed, eor, gbp currency exchange rate today, just call +44 (0) 1480 458 400
or simpy fill in the form and a fx-foreignexchange dealer will contact you:
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Free Websites for Estate Agents
In these tough times, it’s rare to find something that is genuinely for free. Globalprops.com is a worldwide property portal that has just been launched.
HOWEVER, it’s not like all the other free-to-load property sites. If you are an estate agent, inmobiliaria, immobilien, you can have a free web site and save all those costs you have to bear all the time. ….. The site hosting, maintenance, and search engine positioning.
If you want a free property web site, read on.
The catch? Well, to get it for free all you have to do is send your foreign currency clients to Global Property Exchange Network exclusively. It really is that easy! This site is maintained by 1strealestatenetwork, past masters in Real Estate search engine positioning.
If you’d like to see more, visit Globaprops.com here and contact the site operators for details of how you can:
- Have your website for free, with your current web address
- Get your properties for sale, advertised worldwide on Globalprops.com
- Get your properties listed on a major site, BuyMyVilla.com for free as well.
Find out more about Global Currency Exchange Network, and their Currency exchange services including overseas pension transfers, money exchange with most currencies including Euros, Dollars, Australian Dollars, and British Pounds, go to the currency site.
Luxury Ibiza Villa for sale
This wonderful luxury, beachfront, villa on Ibiza, is for sale through Gatehouse International.
Villa Los Arcos offers wonderful seaviews and has access to 2 beaches. The villa has 6 bedrooms and is on a good size parcel of land. The sunsets are fantastic.
The villa is for sale for 2,300,000€. More information and pictures…
Getting the Best Exchange Rate today
Getting the best currency exchange rate available today.
The steady decline of the Pound against the Euro has fuelled much debate over whether the currency exchange rate avaliable today, at about 1.26 Euros to the 1 Pound, is aiding the slow quantity of property bought overseas.
There are even several new initiatives to seemingly offering the best euro / pound exchange rate. Some developers are even offering to fix the exchange rate to 1.4 Euros to 1 Pound, so that a buyer of their overseas properties is perceptively not losing out on the exchange rate. The truth of it is that the price that you pay for the property is probably higher than you might pay if you just accepted the ‘Real’ exchange rate and negotiated a little harder on the price of the property.
Consider this: You are looking to buy a property at €200,000. Generally, you could raise a local mortgage of 70% of this, leaving a need to transfer 30% of the purchase price (€60,000) plus 10% to cover all costs (€20,000).
You will have to change enough Pounds to pay a total of €80,000 at some point.
- If you simply exchange Pounds for €80,000 at todays best currency exchange rate, (1.26), you will need £63,492 Pounds.
- If you take someone up on the offer of an exchange rate at €1.4 Euros to 1 Pound, you will need to change £57,143 Pounds.
- Clearly the better exchange rate will appear to make a saving of £6,349.
The question is… Did you get the best deal on the asking price of the property? Maybe, you could have negotiated more than £6,400 off the price?
currency conversion by professionals
In principle, there’s nothing wrong with these great exchange rate offers, but ask a few more questions of the builder. The builder may prefer to simply reduce the price. Try using an estate agent that is used to working on an International basis, like Gatehouse International, as they will be able to offer both types of exchange rate deals. You can then choose the deal that suits you most.
For the best currency exchange deals, get a free account with Global Currency Exchange Network and let us let you know when the best rates are available.
Ways to Make a Money Transfer
5 ways to make a money transfer.The world is getting smaller financially, and with more business deals between the West and the East, the cost of making a money transfer is becoming more important to all, including small start-up importers, large established concerns, and even travellers who need more spending money transferred to a local account.
The problem is the cost of the money transfer. On small amounts, the charge made by a high street bank, to make a money transfer, can almost wipe out the amount being sent. This is especially true when you add on the charge made by the receiving bank.
To put it bluntly, if you are making a regular money transfer abroad, you need to seek out less expensive ways to do it. Commonly, a British Bank will charge over 30 GB Pounds just to initiate the transfer, then they take a large slice of your cash with an expensive foreign exchange rate. Then… the bank at the receiving end makes a charge as well!
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Global Currency Exchange Network, a specialist foreign exchange brokerage, can limit these expenses greatly by not charging for the money transfer, giving a more competitive exchange rate, and in some cases, arranging with the bank overseas to waive their recipient charges.
There are various different ways to make a money transfer, here are a few:
SWIFT
This is the most common method of money transfer. Your local bank is likely to charge you anything from 12-35 GBP. Add on the foreign exchange commission and the possible charge at the destination bank. This normally takes working days but you can request an urgent SWIFT transfer, for an extra cost. It reduces the time for the money transfer to between 3 and 5 working days.
Euro CHAPS.
This is a method used to make the money transfer to select European Countries for around 25 GBP, plus the foreign exchange commission. This normally takes between 2 and 3 working days. Charges can also include the (by now familiar) receiving charges as well.
TIPANET
Unless you ask for this, most banks won´t offer it. Tipanet is a system where, for a small charge (around 10 GBP), plus the foreign exchange commission, you can make a money transfer to 6 countries. There are limits to the amounts you can send though and it usually takes 5 working days. The receiving bank may charge you for receiving funds.
Online Payment Services
By now you´ve probably heard of most of these.. PayPal MoneyBookers etc. These are now well established online banks and they offer various online payment options. Moneybookers, claim that you just need the email address of the recipient in order to make a no-commission transfer, which will cost no more than 0.50. However these sytems are mostly used to make very small payments as most people prefer to deal with a business that is accountable when transferring larger sums of money.
Paypal and Neteller are better known services. If you open an account with them, you can send money within minutes to other account holders. You may pay no fees for the transfer, but you pay a fee on the foreign exchange rate. Paypal, for example, charges 2.5%. Also, the recipient often has to pay a fee as well. the exchange rates can be uncompetitive at times.
Foreign currency brokerage specialists
These businesses are perfect for anything from making regular overseas pension transfers, right through to transfers in the millions. They offer a highly peronal service and a good broker can become an integral part of any business which regularly imports or exports. Some brokerage specialists, such as Global Currency Exchange Network offer a commission free service.
They also make the transfers for free. And, in some cases, they can pre-arrange for the receiving bank to waive their recipient fee. While this is useful for larger amounts being transferred, the regular money transfers for transactions like pensions and mortgage payments, can be almost wiped out by the charges that banks made.
Couple this with the speed of the transfer, usually 2 working days from receipt of cleared funds, it´s difficult to understand why someone would use their local bank.
To read more about making money transfers …
Read more on Foreign Exchange Terms …
Protect your profits when trading overseas
Protect your profits when trading abroad…Every company trading internationally is at risk from currency exposure.
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It doesn’t matter how large your organisation is, unexpected fluctuations in the exchange rate can eliminate your profit. Even worse, a major movement in the exchange rate can potentially make a profitable deal turn into a loss-making deal.
There are ways to mitigate your exposure to currency fluctuation. Global Currency Exchange Network are professional currency brokers and have a business advisor on hand to aid you in protecting your calculated profit margin.
Our main function is International foreign exchange and payments. We provide innovative currency risk management services and international payment solutions to businesses of all sizes.
- Currency risk management services are designed to protect your profits against adverse exchange rate fluctuations while conserving gains from positive market movements; we can help to mitigate the risk, by providing a currency exchange plan that suits your business cash flow and works well with your agreed payment plan with your provider.
- Personal service. We have a business manager, experienced in International trading, who can help with anticipating your needs and keeping you up-to-date on relevant market events.
- A more competitive exchange rate than your bank may be able to offer.
- Flexibility; you can invoice your customers in their local currency, adding value to the services you provide and reducing the risk of a breaking a deal because of the exchange rate fluctuation.
- An easily set-up service, saving you time. One call will have you trading abroad, with increased risk management.
- Fast, efficient worldwide transfers and 24-hour trading, free of the limitations imposed by the banking network.
- Direct savings; you will not pay any receiving bank charges, saving your business up to 0.3% of amounts traded.
Request a call back and we’ll have a business manager contact you to discuss your needs
Buying Foreign Exchange
Is now a good time to buy foreign exchange?
For month’s now, the foreign exchange market has been a little nervous. With the right, professional, advice from a currency exchange expert, you can weather the storm.
As the whole Global foreign currency market is interlinked, an economic downturn in the United States can, and does, have an effect on the currency exchange rates between the US and wherever it does trade. As this is virtually every Country, the current economic downturn in the States has had detrimental effects on the Global economy. Equally, if the major lending bank in Europe hints that it will lower interest rates, as it just has hinted, then the Euro could weaken against the Pound.
While Global Currency Exchange Network don’t have a crystal ball, they can help to guide you through the maze and help to reduce the potential losses you make otherwise.
Is now a good time to buy?
Well, it depends on when you want the money available in another currency, and how much you can spare at the moment that the best foreign exchange rates are available.
Global Currency Exchange Network have a team of experienced currency dealers on hand to guide you through the process. In order to do this professionally, they will need some information. Particularly, the date when you need the foreign currency as they may be able to advise holding off buying the currency today. Sometimes, it’s better to buy currency at today’s price, but keep that price for a date at some time in the future.
This is particularly useful if you’re buying a property overseas and it won’t be built for another year, when you will have to make a large final payment. If you waited until the completion day to change your money, the foreign exchange rates may have gone against you, and in effect, the price will have risen by as much as
£10,000 when you make a comparison to the exchange rates from the previous year.
This system is just as useful to businesses. When a company decides to buy goods from abroad, they agree to pay in the currency that is local to the supplier. The rates on that day may give the business a potential gross profit on those goods of a fixed amount. If the exchange rates change in a negative way, between the date of ordering and when the business has to pay for them, the potential gross profit could be wiped out.
Most businesses hedge their bets by ordering the goods and fixing the exchange rate by asking Global Currency Exchange Network to ‘forward buy’ the foreign exchange for them at a fixed price. That way, they have peace of mind and relax, safe in the knowledge that the one thing that can’t change now is the exchange rate.
currency conversion by professionals
Global Currency Exchange Network are a commercial currency brokerage, based in the UK. We care for other people’s money and save clients vast amounts of money daily by offering competitive exchange rates, with no commission attached. In some cases, transfers abroad are free.
For a fast, safe, service go to our site and first open a free account. We will then contact you to discuss how we can help. Alternatively, call +44 (0) 1480 406080.
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Explaining types of Currency Exchange deals
Case studies of types of currency exchange transactions.
Before we show the examples, you may wonder why you would want to buy your currency in different ways. Every person, and each business, has different needs, Our function is to best match those needs to the best type of transaction that gives our clients the best value from the currency exchange.
Some people just want to buy the foreign exchange NOW. That one is easy, just call us, we’ll quote you a great FX rate and you do the deal straight away. However, some people ( or businesses) would prefer to fix rates for some time ahead. Well, Global Currency Exchange Network can do that as well. It gives the client peace of mind, that the rate is fixed and they can’t lose on a difference of exchange rates between now and the time set for the future deal.
There are various types of foreign exchange transaction. To help you through the maze a little, here are some examples of various different types of deals our currency exchange dealers can do for you.
Spot Contract: Mr Craven has just bought a property in Spain for EUR 145,950. His high street bank offered him an exchange rate of 1.245 Euros to £1GBP. We were able to offer Mr Craven a better exchange rate at 1.253. Mr Craven saved a vast £1167.60 just by using Global Currency Exchange Network.
Regular Monthly Payments: Mr and Mrs Williams have retired to their villa in Lanzarote, but they need to pay a small mortgage payment of 500 Euro’s per month and they have a regular monthly pension paid to them in the Uk, but they need it in Lanzarote. The total of the two amounts is £767 GBP.
The High street bank offered to make the regular money transfer, but advised them that some payments could take up to 10 days. And, as it was a relatively small amount, they would charge for the transfer payment together. Couple this with the additional charge that the local bank would make for just receiving the money, regular monthly payments were not looking like a sensible way to make transfers.
Global Currency Exchange Network don’t charge for the transfers, we have arrangements with most banks abroad so that the receiving charges are waived and, in this case we were able to offer a much better exchange rate. During the course of a year, Mr and Mrs Williams were able to save over £900.
Limit order: John has already bought his dream villa in Barbados. He loves it so much, he lives there most of the time! In order to sustain his lifestyle, he wants to exchange some Euro’s into US Dollars. However, the current rate of $1.585 to EUR 1 isn’t good enough. John isn’t in a rush to transfer the money, so he has asked Global Currency Exchange Network to put in a limit order to buy $25,000 when the exchange rate hits $1.61. John can now relax by his pool, secure in the knowledge that he will get the best deal and ‘Global’ will secure it for him as soon as the desired rate is achieved.
Forward contract: Jacqui has decided to have a new villa built in France. The total amount of money that she needs to transfer from the uk is €456,000 for the day of the villa completion. However, completion isn’t due for another 12 months and Jacqui is concerned that the exchange rates between the GBPound and the Euro will not change in her favour over the next 12 months.
In order to protect herself from fluctuations in the exchange rate, Jacqui has us to place a Forward Contract for her. This involved Global Currency Exchange Network buying her Euros for her at the price on that day, as a forward contract, at 1.278 EUR to 1 GBP. The price subsequently dropped to 1.234 EUR when she would have needed to exchange the money on the completion day.
Jacqui saved €18,240 ! Enough to buy a new car when she got to her new villa.
Stop Loss Order: Simon regularly imports goods from America for his Ebay business at about $25,000 each time. The exchange rate at the time of placing his last order was $1.935 to £1 GBP. This equated to £12,920. However, Simon was convinced that the dollar would weaken. He wanted to limit the cost of his goods to £13,000 and still have the flexibility of possibly buying his Dollars at a much better rate.
Simon instructed Global Currency Exchange Network to put in a Stop Loss Order to buy €25,000 at the exchange rate of $1.923 / £1 GBP to fix the worst price he will pay to £13,000. If Simon is right and the rate changes to $1.96 / £1 GBP, he will have saved a great deal of anxiety by fixing the worst price to him, but also gained around $925 on the exchange rate.
currency conversion by professionals
Global Currency Exchange Network are a commercial currency brokerage, based in the UK. We care for other people’s money and save clients vast amounts of money daily by offering competitive exchange rates, with no commission attached. In some cases, transfers abroad are free.
For a fast, safe, service go to our site and first open a free account. We will then contact you to discuss how we can help. Alternatively, call +44 (0) 1480 458400.
More articles on Foreign currency terms explained, currency exchange for businesses
