If you’re nearing retirement or planning for the future, you might be considering various options for where to spend and enjoy your golden years. If you’re seeking a location that offers sun, sea, affordability and a high quality of life, Spain should be at the top of your list.

Here we’ll look at 5 compelling reasons to retire to Spain or at least consider it.

Lower cost of living

It’s no secret that retirement funds need to stretch further these days. The good news is that Spain offers an affordable lifestyle that can help your pension go further. The cost of living is significantly lower than in the UK, with cheaper groceries, utility bills, and transport costs. The Property Guides Cost of Living Index reveals that everyday expenses in Spain are approximately 20% less than in the UK. This means you can enjoy a comfortable lifestyle without stressing over your finances.

Affordable property

Spain not only offers a lower cost of living but also affordable property prices. Whether you’re looking for a cosy apartment in Valencia, a beachfront home in the Costa del Sol or a townhouse in the cultural hub of Barcelona, Spain’s property market offers something for everyone, and at prices that are often significantly lower than comparable properties in the UK.

Browse homes in Spain under £200,000 today

Excellent healthcare

Spain’s healthcare system is highly regarded, ranking among the top in Europe. As a retiree, you will appreciate the easy access to high-quality medical services, including specialist care. For UK expats, access to healthcare in Spain is straightforward, with the option to sign up for the state system or take out private insurance when you retire to Spain. For confirmation of this, speak to an independent lawyer, as health insurance is often a requirement for many visa types in Spain.

Favourable climate

The lush climate is one of the biggest attractions for those who retire to Spain. With mild winters and warm, sunny summers, places like Costa Blanca and Andalucia provide the perfect setting for a healthy, outdoor lifestyle. Whether you enjoy golfing, hiking, or simply soaking up the sun on one of Spain’s many beautiful beaches, the favourable weather allows you to do so year-round.

Browse homes in the land of sun, the Costa del Sol today

Friendly and welcoming locals

Spain is known for its warm and welcoming people. Those who retire to Spain find it easy to integrate into local communities, whether in the bustling city of Madrid or the peaceful countryside of Galicia. The Spanish value family and social connections, making it easy for newcomers to form strong, supportive networks.

Download the Spain Buying Guide for help every step of the way

If you are considering an overseas property purchase, whether for lifestyle or investment, we recommend speaking to FCA-authorised Smart Currency Exchange. This will enable you to benefit from their competitive exchange rates and specialist currency knowledge. For more information, download Smart Currency Exchange’s free report or visit the Currency Zone.

 

Written by PropertyGuides for Rightmove