missile

Houses are cheap, cost of living is low, very little rain and the climate is much better in Mogadishu <LOL>

Moses2013

Beach looks nice. On other news: Montenegro offers Citizenship and they hope to join the EU after 2025 but not cheap either.

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).

Government fee: Additional Donation of EUR 100,000 in the form of Government fee is needed.

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.

scot47

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.

Rotor

Generally inland rural properties are considerably cheaper than coastal properties , it depends on what lifestyle you want , a lot can happen in 10 years as Brexit has shown , too early to make any financial decisions yet, if youve got £80k in the bank now buy a flat and rent it and sell a year or so before you are ready to go to Spain , then rent in Spain for the first year until you get a feel for an area and then decide if you still want to buy.

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.

Rotor

That look like a very risky deal , maybe suitable to Russians and the likes but any Brit would definitely be safer leaving their money in the UK and renting.

Moses2013

Well I suppose the risk would be the same as those who apply for the Golden Visa in Spain and Portugal. You never have a guarantee that the property you buy is a non risk property but it's an official way to gain citizenship. It's just in relation to duztee's post but personally there aren't really many places in the East that can offer what Spain has apart from maybe Croatia/Montenegro and you still need the money. Doesn't look cheap either and yes market is more Russian https://portomontenegro.com/

Those with a small budget will just have to accept and wait, or just go on holidays and rent.

Lagoo

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.

Leper

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.

missile

What seems ideal today might not be tomorrow when the neighbours from hell move in.