Test-Drive a New Life in Spain This Year for $2,000 a Month
By Glynna Prentice
By Glynna Prentice
On
a sunny spring day last year, I spent a pleasant hour or so shopping at
my local market. The produce was fresh and appealing, the fish and
seafood incomparable. My produce included goodies like ripe tomatoes;
big bunches of fresh greens; tender artichokes picked so young that they
have no fibrous choke; and juicy oranges and plums. On top lay my
purchases from the fish hall: a pound of small shrimp and another of
freshly caught tuna, from which I got three thick tuna steaks. I filled
two large shopping baskets with food, for a total cost of about $18.
On
the way back to my vacation rental (a one-bedroom apartment in the city
center that cost me $800, utilities included), I stopped in a local
tavern for a drink and a snack so filling that it ended up being my
lunch. The cost? About $4.
These
are the kinds of prices you expect to find in inexpensive, Latin
American beach towns. But I was in Europe—specifically, in Jerez de la
Frontera, in sunny southern Spain.
Spain
has long been one of the lowest-cost countries in Western Europe,
offering great bang for your buck. And lately it's been even more
affordable, thanks to a low euro-to-dollar exchange rate. During my time
in Jerez, $1,500 covered all my monthly living expenses, including
rent.
There
are any number of small cities in Spain where a single person can live
comfortably on that amount, and a couple can live on $2,000 a month or
less.
Many
North Americans choose to live part-time in Europe, just as I do. Some
of them book short-term house or apartment rentals, as I did in Jerez.
Others end up buying a home that they can rent out when they're not
there.
In Jerez, for instance, one-
and even two-bedroom apartments in the city center can be found for
under $100,000. In the popular seaside city of Alicante, on Spain's
eastern Mediterranean coast, you'll have numerous small apartments to
choose from at that price, even in the historic center.
Looking
to live full-time in Spain? If so, you can take advantage of long-term
rental rates, which cost less per month than short-term. A place like my
$800-a-month vacation rental in Jerez, for instance, would rent for
about $400 a month long-term. With long-term rentals you do generally
have to pay for your own utilities. But in many beach destinations in
Spain, winter heating costs are minimal and sea breezes cool the summer
heat.
So
whether you're dreaming of full-time living in Europe or just an
extended stay, consider Spain this year. I certainly am... In fact, I've
already bought my ticket.
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