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Home Countries Spain

Retire In Spain: Enjoy A European Lifestyle Without Sacrifices

Kathleen Peddicord by Kathleen Peddicord
Aug 01, 2023
in Spain
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It’s hard to imagine living the good life anywhere in Europe without preparing yourself for some sticker shock…

But here in Spain, the surprise comes in discovering how low the price tags are…

Especially given the top quality of life on offer.

And, this incredible value applies to everything from eating out… to health care… to renting or buying a home.

Dreaming of settling in a city that’s full of Old-World charm?

You can rent a studio, right in the heart of Seville, for just US$480 a month… or own a three-bedroom apartment here from US$66,800.

Prefer to kick back at the coast?

Again, Spain delivers…

Apartments on the sought-after Costa del Sol, with views of the twinkling Mediterranean, start from US$590 a month…

Or pick up your own beach home—minutes from the sand, with sea views from your balcony—for US$158,900.

To get this kind of value in France, Italy, or Portugal, you’d likely have to base yourself at least 10 minutes or so from the city center or coast…

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But when you retire in Spain, you won’t have to make such sacrifices

From its stunning beaches to its tranquil mountain retreats, brand-name cities, and glamorous island resorts, this is one unbelievably diverse country.

Spain boasts a range of climates… a range of landscapes… and a range of lifestyles.

In fact, I’d say it’s impossible to travel any length of the country and not find a single place to charm you… at a price that’s easy on your pocket…

And, with the dollar so strong against the euro right now, this is one of the best times in 20 years take advantage of the values in Spain…

So, let’s take a quick look at the benefits of settling in this warm, welcoming country that’s a world away from the stresses of North American life.

Spain ranks highly among expat workers and retirees from all over the globe. And for good reason.

It offers all the romance of the Old World, holding tight to its traditional charms (like flamenco, tapas, and a quirky mix of architecture)…

Yet mixes in the best of the 21st century.

Spain has a first-class infrastructure and one of the world’s best health care systems…

And, again, all these advantages come at an affordable cost.

We could name a lot of reasons why you should be looking at Spain specifically if you’re dreaming of a new life in Europe…

However, perhaps the number-one reason this country stands out in this part of the world is its delightfully low cost of living.

Many take Europe off their wish list entirely because they fear they could never afford to live in this part of the world.

I’m here to tell you that you could afford to live or retire (well) in Spain.

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Spain offers the promise of retirement without compromise… and it delivers.

Living in the center of world-class cities like Madrid or Barcelona, your living costs would easily be 50% less than city life in Miami or L.A.

In Valencia—named the world’s #1 expat destination by InterNations in 2022—you’ll find everything from renting an apartment to eating out even cheaper. A couple could live well here on a budget of under US$2,000 a month (including rent).

In Seville and Málaga, your budget could be as low as US$1,500 a month… and prices drop even more as you move inland…

Until next time,

Kathleen Peddicord signature

Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: cost of living in spainLive in SpainRetire in SpainRetirement In Spain
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, CNN, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her Best-Seller book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Her latest book is "At Home At Los Islotes," where Kathleen shares her life's adventure in Panama.

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