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The Euro is at all time highs compared to the U.S. dollar |
The countries with currency that is valued higher than the U.S. dollar are buying U.S. South West Florida, real estate at bargain-basement prices!
The Euro is at all time highs compared to the U.S. dollar – around $1.48 per Euro!
The Canadian dollar is now MORE VALUABLE than the U.S. dollar for the first time in life time!
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The Asian currency is incredibly strong compared to the U.S. dollar. Are you getting the picture? It is bargain shopping time for the world regarding U.S. real estate. That includes the U.S. Virgin Islands and Puerto Rico!
So, if you are buying real estate in South West Florida and you have Euros, you are going to purchase that property for a 48% discount. If you review my post titled, SW Florida’s Real Estate “Hot Spot”, use your calculator and do the math on the a $500,000US townhome Naples if you are from Europe and the actual price is not $500,000US, it is actually €335,000 if you are using Euros to purchase it! Are you getting the clear picture as to what is happening with the U.S. dollar compared to the Euro?
What a great time to buy real estate in South West Florida if you are in a country that has currency that is more valuable than the U.S. dollar. Let Domocare know if we I can assist you with any of your Florida purchases.
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