Mark F. R. Wilkins

Home to Marbella’s Property Facilitator.


Spain has the Lowest Cost of Living in Europe

Gecko Towers

As our regular readers know, I love the region of Spain that my family and I have lived in for many years. The Marbella region of Malaga province with its myriad of wonderful facets is a huge international draw for visitors from around the world and those who may be interested to settle here.

Many, many options….

But, wait a minute, in case you needed any more good reasons to consider a move to Marbella, Property Guides, the UK website, has just released its January 2024 Cost of Living Overseas Index (see the full list that contains a wealth of data here Cost of Living Index) which compares the costs of living in over a dozen other countries – including France, Italy, Greece and Portugal – to that of the UK.

D’you know what Spain won! PG calculated that Spain has the lowest cost of living in Europe.

This morning!

Put simply the analysis showed that the costs of a variety of everyday “commodities” (living expenses including homes, groceries, healthcare, travel and leisure) valued the UK “basket” at £1,996 while the equivalent “basket” in Spain cost £1,295 – that’s over £700 or 35% cheaper!

What more of an incentive do you, from the UK, need……and, for many, the Brexit negatives can be effectively neutralized.

Should you be interested in discussing the legal process involved in buying a property in the Marbella region, we would be delighted to assist you. Our multi-disciplinary team of bi-lingual, highly experienced and wholly independent Abogados (Spanish Lawyers) and Asesores Fiscales (Tax Accountants) are ready to help you.

We are not estate agents, but we know some hard-working and reputable ones, if needed.

Please call me, Mark FR Wilkins, during usual business hours on +34 600 343 917 or, if you prefer, or e-mail me at mark@biznagapartners.com

You may also be interested to subscribe to my interactive FaceBook Group “Costa del Sol – The Best Place to Live in Europe” – please click this link – Costa del Sol – The Best Place To Live In Europe

Please note that our posts are for general interest. There is no substitute for proper legal advice tailored to your specific circumstances as provided by a qualified Abogado who is experienced in the application of the Spanish Law.

Nothing contained in this article should be seen or taken as the writer or the publisher providing legal, tax or financial advice.

All details have been reasonably fact-checked and all efforts have been taken to ensure that facts are accurate as at the date of publication.

© Mark FR Wilkins 2024. All rights reserved.