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Property prices in Spain are getting very affordable because of the crisis. Nevertheless it does not mean that it is cheaper and if you are planning to move to Spain you may consider to rent rather than to buy a property. You have to work out what is best for you.
Home-owners can spend around 2,188 euros annually because of all of the basic fees: Council Tax, small repairs, home insurance…
Considering fixed costs such as taxes and community fees, living in a standard apartment averages more than 2,000 euros per year. In addition, renters need to calculate in additional expenses, including the expenses for random repairs. In total, this can cost around 200 euros monthly.