There are a few relatively safe assumptions to make about the European property market at the moment, and one of them is that the strength of the pound against the euro means that conditions are currently favourable for any Brits thinking of buying a second home on the continent.

Yet despite it often being a good idea to take advantage of the situation before it's too late, it's still important to weigh up your options and find the best ways to make the most of your money.

So in order to ensure that you don't end up missing out on a bargain because you didn't realise just how far your funds would stretch, Paul Collins, editor at BuyAssociation, says that using a specialist currency provider is an effective way to avoid ending up short-changed.

"Currency fluctuations have a huge influence on anyone buying property overseas," he said. "It is massively important that anyone buying overseas looks to use a specialist currency provider to make sure they get the best rates.

"It can make thousands upon thousands of pounds worth of difference in the price of a property."

With the savings that you could be making by using a well qualified currency provider stretching into the four digit realm, it seems like anyone thinking of buying a home overseas should seriously consider employing the services of such companies.

Indeed, that extra money you have available as a result of getting the best conversion rate could be the difference between your typical Mediterranean villa a dream property with a sea view.

But beyond getting the most for your money upon purchase, it's also important to safeguard your assets, and second home insurance is a vital resource for any Brits who'll be dividing their time between foreign climates and home shores throughout the year.