can anyone tell me what the true cost of moving to a residential park in spain would be in the current climate please.
we are looking to buy a resale static home in spain and residents say for 500 euro a month that covers the bills ground rent etc, we are not quite retirement age so would be selling our property in the uk and buying the home and living off that initially
but would like some input if anyone already lives on one of these parks or just lives in spain on the current state of things over there,
are there still a lot of English there, can you live off the state pension for instance as its changing soon,
I know the euro is good at the moment,
any help would be appreciated, have been in touch with some sites but feel they may be bias,
thanks Helen

I have no knowledge of static homes, but for €500 a month you could rent a nice house without having to use your capital for purchase

re the euro, dont asume it will stay like this, it was much better when we bought then went down to near parity, now as you say back to 1 40 or so.

Concur with that.

I'd rent for 6 mths/year, plenty of decent properties available for €500 pm, get a feel for the area and take a good look around at all your options before committing.

thanks for all comments agree will rent for a while to get feel for the place, what attracts me to the static homes is the making of friends all the facilities on site and the chance to do things did live in france for a year and although liked france was lonely like the idea of more of a community,

Hi Helen, am sure if you rent a house you will make friends easily, the Spanish are lovely, if you do move near Spanish remember to always say hola passing on the Street as they will expect you to, but, it will also mean you meet them. Dont worry am sure you will meet people

Rent is cheaper than UK, however everything else (except alcohol/tobacco) is more expensive watch out!

That is a silly statement.

Food, bus fares, alcohol, tobacco, fresh vegetables, fresh friut, eating out, rent, water bills etc, etc are all far cheaper than the uk!

I live in town centre so if you lived out in the sticks it would be even cheaper.

Steve

Food no.
Bus yes, but they aren't as good.
Rent yes.
Water/electric no. You pay 800 Euro a year just to be connected!

Now in Spain you earn less money, pay for everything, less help.

There is a chart which compares countries by cost of a Big Mac burger, it came up in my A-Level economics, please refer to it.

I agree. Spain is much cheaper, with the exception of electricity and curry sauce. Otherwise, no comparison.

Put simply: you are wrong.

My water bills for last year were 140 euros.
Electricity standing charge is around the 20 euro per month mark.


To the original poster:

be aware that residential parks may have dubious legality. A decent house rental may well prove the better option.

Everything is relative to the exchange rate. May be 1.40 today but not that long ago it was approaching parity.
I always thought that around 1.15 was the break even point (after excluding tobacco and alcohol).