Wed 14 February 2024
News | Lower Cost of Living : Enjoy more for less
Lower cost of living; enjoy more for less!
Spain is a large and diverse country and naturally there are areas that are more expensive, such as in the major cities of Madrid or Barcelona. However overall, it is widely accepted that the cost of living is significantly less than in northern Europe.
Houses are generally very affordable; mortgages are calculated as a percentage of Euribor and are now without arrangement fees. Modern houses are energy efficient and often include solar panels to reduce running costs. Council tax is very low, on average the price per year is equivalent as the price paid per month in the UK.
As agriculture is a major economic activity there is an abundance of fresh locally produced fruits and vegetables in the markets available at a fraction of the cost of in other parts of Europe. Plus, here in Spain we enjoy quality wines at very reasonable prices without paying importation taxes of haulage.