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Practical Guides and Tips About Moving to and Living in Spain
Practical Guides and Tips About Moving to and Living in Spain
The Costa del Sol, located in the southern region of Spain, is a popular destination for expats and retirees seeking a sunny and relaxed lifestyle. With its beautiful beaches, warm climate, and vibrant culture, it's no wonder that many people are drawn to this area.
However, one of the key factors to consider before making the move is the cost of living. From housing and transportation to food and entertainment, the cost of living on the Costa del Sol can vary greatly depending on individual circumstances.
In this article, we will explore the ins and outs of the cost of living on the Costa del Sol, including comparisons to other popular destinations and tips for budgeting and saving money. Whether you are considering making the move or are already a resident, this article will provide valuable insights and information to help you make the most of your time on the Costa del Sol.
Costa del Sol
The cost of living on the Costa del Sol can vary greatly depending on individual circumstances, such as housing, transportation, and lifestyle choices. However, in general, the cost of living in this region of Spain is considered to be lower than in many other popular destinations in Europe.
According to Expatistan, the cost of living in Malaga, the largest city on the Costa del Sol, is approximately 30% lower than in London, 22% lower than in Paris, and 27% lower than in New York City. This is due in part to the lower cost of housing, transportation, and food in Spain compared to other major cities.
However, it is important to note that the cost of living can vary greatly depending on the specific location on the Costa del Sol. For example, Marbella, a popular tourist destination known for its luxury lifestyle, may have higher costs for housing, dining, and entertainment than other areas on the coast.
When comparing the cost of living on the Costa del Sol to other popular destinations in Europe, it is also important to consider factors such as healthcare, taxes, and other expenses. For example, healthcare in Spain is generally considered to be of high quality and affordable, with both public and private options available. In terms of taxes, Spain has a progressive tax system, with higher earners paying a higher percentage of their income in taxes.
Renting a Property
According to a recent study by property portal Idealista, the average price of monthly rent in almost all major towns on the Costa del Sol, including Malaga city, now exceeds €1,000. The only town that has not yet reached four figures is Torremolinos, with an average of €966 per month.
It is important to note that the cost of rent can vary based on factors such as location, size of the property, and the type of property. The figures above are just averages, and the cost of rent may be higher or lower depending on these factors.
According to Price of Travel, a budget lunch in Malaga, can cost between €2.75 and €5.49, while a budget dinner can cost between €5.49 and €10.99 per person. Of course, prices can vary based on the type of restaurant, location, and other factors.
According to TripAdvisor, the average cost of a meal in Costa del Sol restaurants is around €20 per person. A bottle of house wine is around €12.
However, most restaurants offer a "menu del dia," a set lunchtime menu that includes bread, two courses, dessert, and wine at an affordable price – usually around €10 per person.
Not forgetting tapas, of course. Tapas are a popular Spanish cuisine that consists of small, savoury dishes, typically served with drinks in bars and restaurants. They often come free when you order a drink, or some bars may charge a small amount of one or two euros extra.
Public transport on the Costa del Sol includes buses, trains, and taxis. The cost of public transport may vary depending on the mode of transportation and the distance travelled. According to Angloinfo, a local transport services provider, the cost of a one-way bus ticket in Malaga is €1.30, while a one-way train ticket between Malaga and Fuengirola is €2.70. Additionally, taxi fares in the area are regulated, with a starting fare of €2.10 and an average fare of €1.08 per kilometre.
There is a rechargeable bus card you can buy which gives discounts on bus journeys along the Costa del Sol. Read more about it here. You can find out what routes it works on, how to get it and how it works.
It is important to note that prices may vary based on the specific route, time of day, and other factors. Additionally, there may be discounts available for frequent travellers or those who purchase multiple tickets in advance. For more information on public transport costs and schedules, it is best to check with the individual service providers.
Tips for Budgeting and Saving Money
Finally, here are some tips for budgeting and saving money on the Costa del Sol:
1.Shop at local markets: Local markets in towns and cities along the Costa del Sol offer fresh produce, meats, and other goods at lower prices than supermarkets. This is a great way to save money on groceries and support local businesses.
2.Take advantage of free activities: There are many free activities to enjoy on the Costa del Sol, such as hiking, visiting public beaches, and exploring historic sites. Check local listings and tourism websites for free events and activities.
3.Use public transportation: Public transportation, such as buses and trains, is generally cheaper than taxis and rental cars. The Costa del Sol has an extensive public transportation system, making it easy to get around without a car.
4.Rent a vacation home: Renting a vacation home or apartment can be a more affordable option than staying in a hotel, especially for longer stays. Look for rentals outside of tourist hotspots to save even more money.
5.Eat out wisely: Dining out can be expensive, but there are ways to save money while still enjoying the local cuisine. Look for "menu del dia" or daily menu specials, which offer a set menu at a lower price.
By following these tips and being mindful of your spending, you can enjoy all that the Costa del Sol has to offer without breaking the bank.
What is your Top Tip for Visiting or Living in the Costa del Sol? Drop a comment below!
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Wayne and Jo are a married couple living in Spain, but split their time between working on their house there and renovating a chapel in Wales. With four dogs to look after and a business to run, life is never dull in the Becks' household.