A blog by a British expat living and working in Balchik,Bulgaria, but not exclusively about Bulgaria.A forum to discuss news both here and in the UK.Full of advice,assistance and property offers,particularly for Balchik and the Dobrich and Varna areas.Top for Balchik and Bulgaria News
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Monday 23 June 2014
Pound hits five year high against Leva
The Pound now stands at 2.45lv.This is the highest since 2009.Previously it has sank to as low as early 2lv to £1.This is a great opportunity to invest in Bulgarian property.
No, it really does not matter.2/3 years ago 50,000 pounds bought you just over 100,000 leva.Now it buys you over 120,000 leva.So basically it gets cheaper to buy property in any currency as Sterling is rising against Lev or Euro. If you require advice/assisitance on property purchase out here then please e mail me on info@gobg.co.uk
so if we purchase a property best to purchase in Levas not Euros or Sterling?
ReplyDeleteNo, it really does not matter.2/3 years ago 50,000 pounds bought you just over 100,000 leva.Now it buys you over 120,000 leva.So basically it gets cheaper to buy property in any currency as Sterling is rising against Lev or Euro. If you require advice/assisitance on property purchase out here then please e mail me on info@gobg.co.uk
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