Published in Tips & Advice
Navigating volatile currency markets when buying a property abroad in Spain
Learn how using an international money transfer specialist can help you navigate currency fluctuations and make the most of your budget when buying property in Spain.

- Blog
- Articles
- Tips & Advice
- Navigating volatile currency markets...
Buying a property abroad, whether a seaside villa in Mallorca, or city apartment in Madrid, is an exciting journey.
But as anybody who has made the move can attest to, the process isn’t without its challenges. Big questions need answering along the way: what area should we buy in? What’s our budget? What type of visas will we need? What kind of taxes will we pay?
And there’s one important question that too often gets overlooked – how will I get my money abroad?
Many international property buyers rely on their bank to make the payments for their property. At first this seems to make sense; after all, they already have an account set up, and trust that their bank will keep their money safe.
But what if, during a time of global financial instability driven by trade tariffs and global conflicts, there was an alternative that is typically more cost-effective, informative and supportive than using your bank?
The benefits of partnering with an international money transfer specialist
International money transfer specialists provide expert support for moving funds abroad, helping property buyers navigate exchange rate fluctuations. By learning their customers’ property buying journey, currency partners are able to identify moments when exchange rate changes could impact the customer, and support them through an appropriate course of action.
Some advantages of working with a money transfer specialist include:
Dedicated support: Collaborate with an experienced currency specialist who understands the nuances of buying a property in Spain, and supports customers through the entire process of buying abroad to make sure they stay on track and make well-informed decisions.
Competitive rates: Benefit from bank-beating exchange rates which help customers maximise their purchasing budget.
Proactive service: Currency specialists provide guidance on the best times to transfer money in light of the current volatile currency market. Their products and services help customers secure rates for the future or buy currency in advance if the rate favours them.
Maximise your property purchase budget
Using an international money transfer specialist can make a significant difference to your budget when purchasing property in Spain. Property buyers who partner with a currency expert can benefit from competitive rates, expert insights, and proactive guidance - helping them avoid stress and unexpected costs.
Meet Lumon, the trusted currency partner for thousands of international property buyers and sellers
Lumon is an international money transfer specialist, with experienced currency experts acting as the client’s eyes and ears on the currency markets, helping them make informed decisions on when to convert their funds. The access clients get to this level of expertise combined with bank-beating exchange rates, results in a service that clients value highly.
What sets Lumon apart is its proactive approach. By learning about customers’ planned moving dates, budgets, and payment deadlines, Lumon can provide tailored strategies for managing currency transfers efficiently. Their services include securing rates for the future or buying currency in advance when market conditions are favorable.
As an established money transfer business that has been operating for 25 years, safeguarding customer funds in a top priority for Lumon. They’re authorised by the Financial Conduct Authority in the UK and the Central Bank of Ireland in Europe, and have an independent 3rd party conduct annual audits of client fund safeguarding processes.
If you’re planning to move money abroad, whether for purchasing a property or managing ongoing expenses, visit lumonpay.com to find out more about the service and set up an account.