Brexit. Buy or not? Sitges awaits you…

Buy or not?

There are many people with the same questions, is it time to buy? with the pound is low against the euro, but…

The economy is always speculative, and the currency rates variable but is it low now? It can be more tomorrow !!! the pound fell 12%, recovered by 2% in 3 consecutive weeks after Brexit. Currently it is stable. Will it come back up? To predict an increase in monetary value is almost magical, depends on many factors macro and micro economy. However property purchase is now a positive investment as the market is going up. So although the pound is low, the prices are going up so what you lose on the exchange rate, you will gain in real estate price increase. Also, Sitges is one of only a few towns in Europe, where the summer  rental income can  pay for the mortgage over the year.  Seizing this opportunity, in Sitges, to buy, it can be very profitable .. so you could have the property of your dreams at a price that was cheaper yesterday, but tomorrow may be more expensive! The illusion exists, Sitges awaits you, not speculation.