Last week, data compiled by Quick Move Now revealed that online searches for terms relating to retiring in Spain have increased exponentially in the past 12 months. The findings were significant. It was revealed that the number of those Googling “retirement homes in Spain” had increased by an enormous 150 percent compared to the figure seen this time in 2015. Another popular search was “retire to Spain from UK” (which saw a 75 percent increase in searches year-on-year) It was also revealed that searches for “best places to retire in Spain” have doubled year-on-year.
“With our annual cost of living survey released this week, it seemed like a good time to speak to our Spanish experts on the ground in La Cala de Mijas, on the Costa del Sol, about their own experiences of the cost of living in Spain.
It’s so important to get an idea of how much the everyday items you need to maintain your life, such as groceries and utility bills, will cost once you arrive in Spain. This week heralds the annual Cost of Living survey, comparing the cost of living in Spain to what you may be used to in the UK. We used the exchange rate GBP/EUR: 1.28 from 18th May 2016.
The Spanish property industry won’t want reminding of past problems, but a Supreme Court ruling and big cash repayments could boost the property market just as investors are seeing new value in Spain
France looks set to become the next investment hotspot for UK landlords. French homes have been off the agenda for many property investors in recent years, as tax rises and a sluggish economy have combined to keep prices and rental returns down. The evidence is coming from several directions that this may be about to change. Driven by punitive actions by the UK government and a return to French competitiveness, investors are being both pushed and pulled to France.
