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#33: The Actual Costs of Owning a Home in Spain – Essential Ongoing Expenses You Should Know
Manage episode 452234796 series 3619171
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So you’ve found your dream home, but have you budgeted for what it takes to keep it?
Too many buyers focus on the purchase price alone, only to forget the ongoing costs and to budget for those.
In today’s episode of The Costa Property Podcast, we’re digging into the hidden, ongoing costs that catch new homeowners off guard in Spain.
From monthly fees to taxes you’ve probably never heard of, we lay out the ongoing costs you’ll need to manage after the purchase.
With these expert insights, you’ll learn what to expect monthly and annually, plus some unexpected costs that you might not have considered.
This episode is a must-listen for anyone ready to make their dream a reality without any financial surprises after they buy!
What You’ll Learn:
[00:03:31] Why Knowing Your Monthly & Annual Costs Matters
[00:04:20] Community Fees 101: What Do You Really Pay For?
[00:07:46] Spanish Property Taxes: IBI & Basura Explained
[00:10:40] Home Insurance in Spain: What You Need to Know
[00:14:33] Planning to Rent? Property Management Fees
[00:15:21] Pest Control: Is This Something To Consider?
Ready to plan your move to Spain?
Visit our website to get your Budget Calculator mentioned in the episode!
Click here to purchase our Roadmap to Buying Property on the Costa del Sol Digital Course
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