Page 34 - Property Portfolio - July 2019

Portfolio Focus
Property

Thinking of living in Spain?

According to a 2018 uSwitch quality of life poll, supermarkets or smaller local stores
around 12% of Brits were seriously think of moving • Whether you prefer quality branded products
abroad with Spain being the top choice for many. to own brand
Out of more than 2,000 people surveyed, only • What sort of restaurants you enjoy, the range
5% of them said that they were happy living in the is very broad in Spain
UK with almost 50% citing the cost of living as
the most influential factor. Other major reasons And, consider the associated costs of:
for moving abroad included a rise in violent crime • If you have children, where will they be
and a feeling of living in a fragmented and broken educated and how much will that cost?
society. • What sort of car do you drive and how much
In a more recent HSBC Global Survey, expats is the fuel?
voted Spain as the 4th most desirable country • Will you be working and what income will you
worldwide in which to live in despite the doom have?
and gloom of Brexit and the uncertainty of the UK • Will you be in receipt of a UK pension and will
potentially leaving the EU. Where ever you live, the exchange rates have an affect on this?
the fact remains that most still count the pennies • Do you intend to rent or buy? How much will
and ensure our funds go that bit further. that cost you?
• How often do you intend to travel back to the
So, consider: UK?
• Whether you will be living inland or near the • Do you have savings? How long will they last if
sea you’re not working?
• The types of places you prefer to shop – Source: Portfolio & Healthplanspain.com

34 Portfolio