Paphos new build, €400,000, buyer holding GBP

A qualifying new build paid for from sterling, showing the bank spread against a specialist broker spread in euros.

Why this one is interesting

The currency cost is invisible on every quote a buyer receives, because it is taken in the exchange rate rather than charged as a fee. On a purchase this size the difference between routes is a real four-figure sum, and it is the one cost on the whole statement a buyer can change with a phone call.