Posted: Thu Oct 22, 2020 4:41pm
Day to day costs can vary depending of type of house you buy. As a ball park, for a two bed house, you will pay about €40 every two months for water, probably between €50 and €75 per month electricity. If you buy the Monsora you mention, they have a community of owners and each property pays towards common costs, such as the communal pool. Sorry, I don’t know the monthly cost. I am sure someone who lives on that sector will know. Most of Camposol currently has no community fees, however your deeds will indicate your cuota, which is the percentage costs you would be required to contribute towards community costs, if ever the community of owners concept is adopted. (This is a very controversial subject).
To live here permanently you will need to apply for residency. The conditions change in January and you will need to show a substantial bank balance, or a regular income. In addition you will need to buy health insurance, which depending on whether you have existing conditions, can become expensive.
You will also have to pay IBI, which is the equivalent of council tax in the Uk, but much lower. For the house you are looking at, probably between €150 and €250 per year, not month! Your living costs will depend on whether you plan to eat and drink out a lot. Alcohol is much cheaper than in the UK, (but only if you don’t drink too much of it 😂😂), food and shopping costs are fairly similar, but it depends if you try to look for English options, such as Tesco, or are happy to “buy Spanish” which is much cheaper and dare I say it, more tasty and fresher, as Murcia is a major agricultural area. If you drive, at some time after you move here, you will need to change your English licence for a Spanish one and in future that will mean taking a Spanish driving test, in Spanish language. If you will need to work when you are here, please remember that There is a high level of unemployment here in Spain.
If all this sounds negative, it is not supposed to be, just some realism. As I said in my previous post, we moved here permanently and are glad we did. Nothing is impossible and if it really is your dream to move and live here, I am sure you will succeed and one thing for sure, you will find a lot of people here willing to help you.
Good luck