Innovative property investments
Italy Property Investment News
Second home owners 'paying too much for travel'
Planning travel arrangements well in advance could be cost-effective for property investors, experts have advised.
According to currency specialist HiFX, many second home owners are paying more than they need to in order to visit their residence overseas.
This was said to be largely because investors were not planning ahead and were choosing to book their flights at the last minute.
Mark Bodega, director of HiFX, stated: "Many airlines, particularly the low-cost carriers, have a January sale which include some great deals for the more organised owner."
He cited Ryanair and easyJet as examples of carriers that were currently offering cut-priced travel to foreign destinations.
HiFX urged investors to make financial management a priority for the forthcoming year, as careful planning would see them save money in other areas as well, such as currency transfers and insurance premiums.
This comes after financial services company Baydonhill highlighted the popularity of established European markets among British investors.
The firm stated that many buyers from the UK were likely to purchase a property in countries such as Italy and Portugal this year.
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