Saturday 21 March 2009

Rise of the Euro

After reading this article I worry that our dream is getting further away. Back at the beginning of November 2008 a Portuguese property valued at €100000 would have cost us around £81000, that has now risen to £94000.


The fall in UK property values has made things even more worrying, we've seen a 15% drop in property prices in the area of Wales we live.

However we are not despondent, we are tightening our belts and trying to cut our budgets, we're looking at properties that need modernising and re-looking at our bottom line in the Pub. We will buy a home in Portugal!

We also get a little comfort from the old City adage of " What goes up can go down".

Well the sun is out again so if I want to spend the afternoon watching the 6 Nations Rugby Union, now is the time to fire-up the VN900 and take to the road.

Come on Wales and Tally Ho!

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