Posted: Fri May 14, 2021 10:09am
Thanks both for your views, and this may be a cross section of opinion, I any many others especially prospect Immigrants from the UK.
I am a Snowbird and I am due to parentage not limited to 90 in 180.
After 10 years
We have rented and have now decided to buy.
Never been in the shop that people called Iceland, happy to live with the food that is available, will adjust to any changes.
In the winter but not July and August, love the weather and the reverse where crowds are concerned.
The life style you do have to be careful, some it is a round of bars all day, you can tell the time by the bar some people are in.
John -
I do agree with a lot of the negatives pensioners do have to more asset than in the past but time has gone on and UK real estate has most likely inflated more than Spanish, so if they have a house in the UK they can do what you did buy in Spain, and then move to Spain, being careful to sell in UK before becoming tax resident in Spain. Any one buying in Spain treating it as an investment needs to be very careful with the Costs of selling if you brake even you will have done well.
You mention especially for the young thinking they are going to get work, there are many post on the forums, and I think most of these are not going to make it in Spain especially without language, only those fluent in languages really stand a chance unless they have a very needed skill set. For others the reality is a struggle, the bar culture is the only work, and hard work, seasonal in the main. but as you said you did not come as a younger person wanting employment.