What are the maintenance charges for a property in Spain?
Property maintenance in Spain attracts certain inevitable costs. It might interest you to know that cost of goods, taxes, and other rates could be a bit more expensive in Spain than in the UK.
Therefore, it’s quite important that you factor in things like utility fees, insurance, cost of internet connection, cable and satellite TV fees, transportation cost, health and medical fees and most importantly food, when planning for maintenance charges. Others include periodical costs of owning property, local property and council taxes, and community fees.
So to lessen the burden of running costs, you should consider renting out your property. Although this option might not really generate a large amount of income for you, what you’ll get will be sufficient to repay your mortgage, settle your running costs and cover other holiday expenses.