11 Feb 2009 12:43 PM:

Yes, Thanks JackWest and Acky. I am basing our thinking on worst case 1:1. I see earlier in thi thread that SueMac reckons 800 euros per month cover everything for them and I am hoping something similar will work for us, The 1000 euro per month is excluding rent so it has to cover housekeeping, heating etc. I have covered the expectation of paying tax above the 5k mark.

Does anybody know what the electricity would cost for 3bed 2 bath villa with filtered pool? I keep hearing that leccy is going up in price in Spain, but has it reached UK levels?

 

Thread: Is it cheaper to live in Spain?

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11 Feb 2009 9:03 AM:

Thanks people. This is good stuff, and just what I had hoped for. To flesh it our a bit - like Rickiebear - we don't want to burn all bridges so we would like to leave our capital intact while we rent. The interest on the capital will pay the rent, so Roberto, the £1000 pm will be net, to cover all utility bills, housekeeping, local taxes etc plus hopefully a bit left for the odd vino or 2. Would that amount cover it without breaking too much into the capital sum? When we eventually buy a place of course, a large chunk of the capital will disappear, but so does the rent.

Pat, as far as location is concerned, ideally inland from Malaga way, possiblyas far as Vinuela, but we are familiar with all the coast and even up to Valencia way would be a possibility.

Take your point about research and although I have done plenty dating back several years in preparation for this time, I know that nothing will truly prepare us, which is why I see the value of this exchange.

Thanks, all

 

Thread: Is it cheaper to live in Spain?

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10 Feb 2009 5:46 PM:

Good afternoon. I'm new here and have been following this exchange. Our situation is this: Retired ( Me, forcibly due to recession!), in our 60s. We figure we may as well sell up here and go to Spain. Asset comfortable, cash poor! So we would be living on limited income of about £1000 per month pretax. Ideally we would be looking for a 3 bed 2 bath villa with own filtered but not heated pool. Probaby rent to start with. As we will probably be inland a bit ( maybe 20km from coast ) we will need heating, which could be Oil CH or electric aircon/heaters.

I am trying to get a handle on what the overhead costs such as utilities etc would be on such a place. I am comfortable with the cost of food and consumables and know that we can manage that OK, but as we have always stayed in a villa over there, we don't know what the add-ons like electrid etc would be.

Can we have a decent lifestyle without dipping (too much) into our savings, which we would like to maintain as a base to generate interest to give us a bit of luxury?

Or am I in cloud cuckoo land?

Thread: Is it cheaper to live in Spain?

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