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PROPERTY

Ten properties in Spain you can buy for just €60k

You may not be able to get a penthouse in central Madrid, but with a budget of €60,000 to spend in Spain, it's possible to find a countryside retreat or even an apartment with a sea view.

Ten properties in Spain you can buy for just €60k
A room with a view in Cenes de la Vega, Granada. Credit: Idealista

Perhaps you're savvy with design and have an eye for interiors, or maybe your just a fan of the Spanish style. In either case, you may find something in this list of ten homes that tickles your fancy, so have a nosy through the pictures and see what €60,000 can buy you in Spain. 

Los Navalmorales, Toledo

The inside of this 89m²detached house in Los Navalmorales seems a little old-school, but for those with a need to get away from the hussle and bussle of city life, it could be perfect. Just a few kilometres away from Cabañeros National Park, this one bed, two bath house would be a great base for practicing outdoor sports like hiking, offering privacy as well as great countryside views.

Price: €55,000

FULL PROPERTY DETAILS HERE

Vistahermosa, Alicante

You might need some imagination and hard work to help this space find its charm, but the selling point of this studio, which is located on the beach of Albufereta, are the stunning sea views. The price has just been dropped, meaning this property now sits below the €60K budget.

Price: €57,000

FULL PROPERTY DETAILS HERE

Benaguasil, Valencia

This modern two bed flat in Benaguasil, in the Community of Valenica, is an almost brand-new build full of light and potential. It is 57m² with one bathroom with a fully fitted kitchen, double glazed windows and built in AC.

Price: €60,000

FULL PROPERTY DETAILS HERE

Aldaea de Carles, Tarragona

This 80m² two bed, two bath terraced house in Alfara de Carles, not far off the coast, may seem a bit gloomy at first, but the naked brick walls and spiralling staircase give it some serious George Clarke’s Amazing Spaces style cosy-living prospects.

Price: €51,000

FULL PROPERTY DETAILS HERE

San Quirze de Besora, near Barcelona

Located close to the city of San Quirze de Besora this two bed house with wooden beams  could be turned into a charming home for a small family with a bit of thoughtful decoration.

Price: €52,390

FULL PROPERTY DETAILS HERE

Fuente Álamo, Murcia

Situated in a rustic, homely pueblo in Murcia, this one bed 48m² flat is part of a complex that shares a pool and views of mountain ranges in the distance. The space is light and airy with a balcony, and the location isn’t too far from the port city of Cartagena.

Price: €48.600

FULL PROPERTY DETAILS HERE

Segura de Leon, Bajadoz

True, the interior of this newly constructed house in Segura de Leon is a little dated, but it is located on a charming little street with a shared swimming pool and a small garden. The one bed, two bath house is situated in a small municipality in Extremadura which is surrounded by countryside and about equal distances from Bajadoz and Seville.

Price: €54,600

FULL PROPERTY DETAILS HERE

Coriño, A Coruña

Although the Spanish-style interior design of the traditional farm house is certainly not for everyone, the colourful exterior, surrounded by trees and greenery could just be enough for fans of countyside living with an eye for interior improvements. With 270m² of land and three bedrooms, this property could be perfect for a family in search of privacy and an escape to the country.

Price: €46,000

FULL PROPERTY DETAILS HERE

Santa Cruz, Tenerife

There is no doubt that this flat in Santa Cruz, Tenerife, is colourful. Comprising of three bedrooms, one bathroom and 88m², this rainbow residence offers an opportunity to live just minutes from downtown Santa Cruz with a balcony overlooking the sea, perfect for coastal living.

Price: €60,000

FULL PROPERTY DETAILS HERE

Cenes de la Vega, Granada

With views of the mountains, this two-bed flat Cenes de la Vega is light and airy. A garage and storage room are included in the price. Just 10 minutes’ drive from Sierra Nevada national park, this 70m² property could be just the thing for lovers of walks through the countryside with spectacular views.  

Price: €54,000

FULL PROPERTY DETAILS HERE

List compiled by Alice Huseyinoglu

READ ALSO: 10 point guide to buying property in Northern Spain

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LIFE IN SPAIN

EXPLAINED: How to buy a boat in Spain

Considering buying a boat to enjoy life to the fullest in Spain? Here's a breakdown of costs, legal requirements, financing options and useful tips to factor in before purchasing a bowrider, a day sailer, a yacht or any other 'barco'.

EXPLAINED: How to buy a boat in Spain

Spain has around 8,000km of coastline, and access to the Mediterranean, Atlantic, and Bay of Biscay. For boat enthusiasts, you’re spoilt for choice in Spain.

But it’s not just as simple as picking out a boat, buying it and setting off into the ocean.

There are several decisions you’ll need to make first, rules to follow, administrative hoops to jump through, and then maintenance costs on top of that.

Types of boats

The first thing you’ll need to consider is the type of boat you want to buy.

Generally they can be split into two broad categories: motor boats and sailing boats.

Motor boats are the most popular type of boat sold and offer the greatest variety of options because they include pretty much everything from smaller more affordable power boats to huge luxury yachts.

As such, you could get a smaller motor boat, say for day trips of fishing on the coast, for as little as €10,000, whereas yachts, as you can imagine, can cost millions, depending on the size, power, design and quality of the boat.

According to several Spanish maritime sources, buying a used boat that you can live on in Spain can cost anywhere between €13,000 and €150,000.

Spanish website topbarcos.com has hundreds of boats listed for you to get an idea of what’s available in the second-hand market, as well as a page for new vessels.

Sailing boats are the more environmentally friendly option and require the most skill to sail, and include light sailboats, catamarans and trimarans. Again, prices vary from €5,000 to over a million, depending on the size, type of sail, material and quality of the boat.

Once you’ve decided on the type of boat you want and found one you’d like to buy, you’ll need to consider any potential legal requirements.

A woman sits next to a yacht in Puerto Banús luxury marina in Marbella. (Photo by JORGE GUERRERO / AFP)

What are the legal requirements when buying a boat in Spain?

  • The correct nautical qualifications for the type and size of the boat you want to buy. There are different types of nautical licences to sail different boats in Spain, such as the PNB (Basic Navigation Skipper), the PER (Recreational Boats Skipper), the PY (Yacht Skipper) or the CY (Yacht Captain). Each has specific limitations in terms of length, power, distance from the coast and the type of sailing you can do.
  • Compulsory civil liability insurance that covers possible damages that you may cause to third parties with your boat.
  • Have all the necessary documentation for the boat, such as the certificate of seaworthiness and (essentially an MOT for the boat, showing that it’s in working order) and the navigation permit.
  • You’ll also need to pay the corresponding taxes on the boat purchase, such as VAT (21 percent), the special tax on certain means of transport (12 percent) or the transfer tax (4 or 6 percent, depending on the region).

READ ALSO: How do I get my boat licence in Spain

What other factors should you keep in mind before buying?

Think about what type of navigation you want to do, how often, with how many people and what your budget is. 

Don’t go with the first boat you see. Search and compare different models, brands, prices, conditions etc and don’t forget to keep an eye out for scams.

It’s a no-brainer but try the boat before you buy it, don’t just rely on photos or descriptions. Request a test ride to check the condition and navigational operation of the boat. 

If you do not have much experience or knowledge of nautical matters, it’s advisable to hire a professional to accompany you throughout the purchasing process. It could help you avoid possible legal, technical or administrative problems that arise.

They will also assist you with checking the condition of the boat’s interior: the carpentry, the engine, the electrical installation, the tanks, bilge, kitchen, bathroom and other compartments.

Here is a list of dozens of Spain-based brokers (as they’re called) or nautical companies that can assist you. 

Crucially, they will also be able to give you an informed assessment of what price you should be paying for the boat you’ve chosen. 

How can you pay for a boat?

Unless you have enough disposable income to pay for it cash, you probably want to know what kind of financing is available to you. 

There is the nautical mortgage (hipoteca náutica), which mimics the system for property mortgages, including the need for a down payment and embargo conditions in non-payment situations. 

Nautical credits (Créditos náuticos) also exist, which again are not too different from regular loans, including fewer notary costs than nautical mortgages and fixed interest rates. 

And lastly, nautical leasing is also an option, which is when a company acquires a boat and rents it to a customer for a certain period of time (normally between 4 and 15 years) and usually with an option to buy at the end of the contract.

Don’t forget the upcoming maintenance costs

If you manage all that and buy the boat, you’ll need to maintain the boat and pay costs to do so. These include:

The mooring: ie. the place where the boat is left when it is not in use. The price of mooring depends on the size of the boat and the location of the port. It can range from around €100 per month to several thousand.

However, be warned, in Spain these aren’t easy to come by. The Association of Industries, Commerce and Nautical Services (ADIN), estimates that Spain has only 107,894 moorings for 229,000 boats.

You’ll also need to pay for periodical technical checks that must be carried out on the boat from time to time to check its condition and operation. Again, the price depends on the type and size of the boat and the services contracted. It can vary from around €200 euros to several thousand.

Regularly cleaning the boat to avoid dirt, rust, algae, and parasites damaging the boat can also be quite costly. It can vary from as little as €50 for smaller boats to several hundred for bigger ones, and most experts recommend it should be done every 4-6 weeks.

READ ALSO: How to live on a boat in Spanish waters

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