Britons who are purchasing flights to Podgorica with a view to scouting out potential properties to buy may be among those watching currency rates closely
According to Chris Canning, currency analyst at First Rate FX, European real estate is more likely to be acquired when the pound is strong against the euro.
He explained: "What people generally do is wait until the rates are slightly higher again and then they go through with the purchase."
The expert noted that in recent months there has been a waning in the number of people buying homes in Europe as sterling struggled.
However, more people may be inclined to book flights with Montenegro Airlines to find their perfect holiday home in light of his assertion that there may be an interest rate increase in the UK later this year.
Last week, the Bank of England reported that the euro stood at 1.1322 against the pound.
Use Alternative Airlines to book your cheap flights to Podgorica
| < Prev | Next > |
|---|
