Where to retire to?
#16
Re: Where to retire to?
Houses are cheap, cost of living is low, very little rain and the climate is much better in Mogadishu <LOL>
#17
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Where to retire to?
INVESTMENT CONDITIONS
- Invest EUR 250,000 in some of the development projects previously approved by the Government in an undeveloped areas of Montenegro (North), or
- Invest EUR 450,000 in some of the development projects previously approved by the Government in the developed area of Montenegro (South).
Application fee: The applicant must deposit 15,000 euros for an application for themselves, 10,000 euros for up to 4 family members, and 50,000 euros for each next family member,
Total investment requires a minimum investment of EUR 350,000 or more.
#18
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Where to retire to?
Bulgaria was popular for a while. i liked the country and was there 1991-2011. I left for personal reasons. At the moment £10,000 a year is more than enough for a reasonable lifestyle in rural or small-town Bulgaria.
#19
Re: Where to retire to?
Personally I wouldnt buy in Spain now as there too many uncertainties , get a buy to let in the UK and rent in Spain , you will be hugely more financially secure.
#20
Re: Where to retire to?
Beach looks nice. On other news: Montenegro offers Citizenship and they hope to join the EU after 2025 but not cheap either.
Application fee: The applicant must deposit 15,000 euros for an application for themselves, 10,000 euros for up to 4 family members, and 50,000 euros for each next family member,
Total investment requires a minimum investment of EUR 350,000 or more.
INVESTMENT CONDITIONS
- Invest EUR 250,000 in some of the development projects previously approved by the Government in an undeveloped areas of Montenegro (North), or
- Invest EUR 450,000 in some of the development projects previously approved by the Government in the developed area of Montenegro (South).
Application fee: The applicant must deposit 15,000 euros for an application for themselves, 10,000 euros for up to 4 family members, and 50,000 euros for each next family member,
Total investment requires a minimum investment of EUR 350,000 or more.
#21
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: Where to retire to?
Those with a small budget will just have to accept and wait, or just go on holidays and rent.
Last edited by Moses2013; Jan 8th 2021 at 1:33 pm.
#22
Re: Where to retire to?
Back to the OP, you could spend the next 10 years holidaying in Spain and explore various areas bit by bit. Presumably you could already knock out some areas e.g. property in Madrid and Barcelona is expensive, the cost of living in the north is more than in the south.
You can check house prices with idealista.com, then spend a week travelling in an area that looks in-budget and see what you think.
You can check house prices with idealista.com, then spend a week travelling in an area that looks in-budget and see what you think.
#23
Forum Regular
Joined: Feb 2011
Posts: 264
Re: Where to retire to?
I am amazed at the amount of advice given on fora such as this as to where somebody should retire to. You can find your dream home and much cheaper than you originally thought and everything appears rosy and you buy it. But, next door is a person who feeds about 20 cats daily and you hate cats and your wife hates them more. But, you have purchased property next door to somebody who couldn't give a whit about you.
Now for my suggestion:- You want to retire to Spain. Rent property in any area you think will suit you. Draw up a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) of that area. Confine your search when you have decided on an area to one within that area and do another SWOT analysis. Move to that area for no less than 6 weeks in the off season and rent there. Not only will you find that the area is for you, you'll know if Spain is for you.
Looking up websites is helpful; taking advice from fora such as this can be helpful, but you can't beat feet on the ground. Anybody who tells you differently ain't your friend.
Now for my suggestion:- You want to retire to Spain. Rent property in any area you think will suit you. Draw up a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) of that area. Confine your search when you have decided on an area to one within that area and do another SWOT analysis. Move to that area for no less than 6 weeks in the off season and rent there. Not only will you find that the area is for you, you'll know if Spain is for you.
Looking up websites is helpful; taking advice from fora such as this can be helpful, but you can't beat feet on the ground. Anybody who tells you differently ain't your friend.
#24
Re: Where to retire to?
What seems ideal today might not be tomorrow when the neighbours from hell move in.