Retirement is a time of life to enjoy peace and quiet, rest and, of course, a place to live comfortably. At Mora Inmobiliaria, we understand the importance of finding the ideal property to suit your needs for this new phase. Below, we offer you a guide with 4 key factors to consider when choosing a property for your retirement in Spain.

Location: The heart of a good decision

The first step in choosing the perfect property is location. In Spain, there are multiple areas that are popular with retirees, from sunny coastlines to picturesque inland villages. Some factors to consider include:

  • Climate: If you prefer a warm climate, the Costa del Sol and especially the Costa Blanca is an excellent choice.
  • Connectivity: Make sure the location has good transport links, whether
    you want to be close to an airport for travel or prefer to travel by train or bus.
  • Tranquillity vs. activity: Depending on your lifestyle, you may prefer a quieter area, such as a small town, or an area with more social and cultural activity, such as a medium-sized city.

Essential services: Quality of life, first and foremost

Once you have decided on a location, it is crucial to assess the services offered by the area:

  • Health services: close access to hospitals and medical centres is essential to ensure a good quality of life.
  • Leisure and activities: From cultural and sports centres to restaurants and
    natural spaces, proximity to activities you enjoy is key.
  • Daily amenities: Supermarkets, pharmacies, shops and nearby public
    transport are all elements that will make your day-to-day life easier.

Cost of living: Secure your financial peace of mind.

Another fundamental aspect when choosing the ideal retirement property is the cost of living. Consider:

  • Property price: Depending on the area, prices can vary significantly. On the Mediterranean coast, for example, it is common to find luxury properties with sea views and seaside properties at exceptional prices.
  • Community fees: If you choose to live in an urbanisation or flat, community fees, such as maintenance of communal areas, swimming pool or security, may add an additional monthly cost.
  • Local taxes: Don’t forget to consider taxes, both IBI and other costs associated with the property, which may vary depending on the region.

Choose with a view to the future

As you move into retirement, your needs may change. Opting for a property with accessibility, no architectural barriers and the ability to adapt to future changes in your lifestyle is a smart decision. Consider:

  • Accessible spaces: Single-storey properties or properties with lifts can facilitate mobility.
  • Growth areas: Investing in developing areas can be a good option to maintain the value of your property or even see it increase.

Having a team of experts to advise you in the process of selecting and
buying a property is essential. At Mora Inmobiliaria, we offer you a
personalised support, making sure you find the perfect property to enjoy
your retirement without complications.