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Best option for Dollars to Euros for apartment payment"

Best option for Dollars to Euros for apartment payment"

Dec 10th, 2013, 09:38 AM
Join Date: Mar 2013
Posts: 5
I have rented a place and I too have been asked to pay the rest in euros cash. However, I found out that I can also pay via PayPal for the balance but will need to add 5%. If you add up the withdrawal costs and conversion charges, you are better off paying via PayPal using a credit card. You at east will have the credit cards protection.
Family11324 is offline  
Dec 10th, 2013, 10:02 AM
Original Poster
Join Date: Apr 2003
Posts: 2,560
Thank you for all the input, advice and ideas. We were a bit constrained on options since the trip was 'approved' in late September, its over the Christmas Holiday and this is Pope Francis' first Christmas. Rome was heavily booked last spring. We also needed at least a 2 bedroom place and the second bedroom needed twin beds. I was not going to ask adult sons to either share a bed or decide who got the futon on the living room. The agency says the landlord won't accept Paypal...only euros cash upon arrival. I'll email him again and if that doesn't change, the Westin it is!
cmeyer54 is offline  
Dec 10th, 2013, 11:19 AM
Join Date: Nov 2004
Posts: 7,134
cmeyer, your agency sounds like a listing site for owners, not a real agency. If it was a real agency, you would pay the agency rather than the owner. If it's only a listing site, they have no knowledge of the rental unit; they only exist for the convenience of the owner.
Mimar is offline  
Dec 11th, 2013, 07:40 AM
Join Date: Oct 2013
Posts: 1,086
Bilboburgler, the car has the original 2.0 litre engine. It is left hand drive, originally bought new in Texas in 1980. I am the third owner and really only the second driver. The second owner bought it, restored it and sold it to me, at a LOSS. ;-)

Cmeyer, since you are now literally only days away, I agree 'Westin it is' for this trip. It is true however as you are being advised, not all third party sites are the same. For example, 'Ownersdirect' clearly indicates in their name that you will be dealing directly with the owner for payment but others require you to pay the third party who then pay the owner.

Like anything, renting a privately owned apartment has pros and cons. How you pay is only one thing to consider. Whether it is a legal rental is another. For example, in Hawaii it is a big issue with illegal condo rentals found everywhere. You can arrive and find the neighbours do not appreciate a tourist renting next door for a week or two and clearly showing you their displeasure.

So for future reference, I would suggest that if you are going to consider it you do your due diligence and research all there is to know about the subject. Read here for example: http://www.independenttraveler.com/t...cation-rentals
dulciusexasperis is offline  
Dec 11th, 2013, 10:24 AM
Join Date: Jan 2003
Posts: 33,457
There are, in fact, some "agencies" where you pay the owner. I"ve rented from a couple and they are not the same as VRBO, etc., which is just a website for ads. Because many agencies (most probably) don't really own the apartments, someone else does. There are variations on how much an agency does and who you deal with (them or owner), but two places I've paid the owner directly are Habitat apts in Barcelona and Parisbestlodge in Paris. I think most people consider those agencies. And both of them would take the deposit by credit card, but not the final payment (actually, Habitat would, if pressed, but you have to make special arrangements).

But you can find other systems, of course, and just deal with them -- places that take credit cards or Paypal, etc.

I don't actually consider it a big deal to have two bank accounts, as I specifically did that in order to have a MM acct other than in my main bank, as my main bank didn't give the best interest rates on those. A MM acct isn't really high maintenance, it's just a savings acct with an ATM card, which I only use on vacations. One reason I did that was to avoid having funds over the limits for FDIC insurance in one institution, also, as I had a large CD along with my checking acct in my main bank. I think they've raised the limits now, but it used to be a max of 100K in one bank or something like that. It wasn't that high if you had some savings.
Christina is offline  

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