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This is a guide to the ongoing costs involved in owning property in Spain.

Running Costs
All bills must be paid by Direct Debit from a Spanish bank account.

Electricity, Water and Gas:
The standing charges are € 15 per quarter for water, and € 15.84 every two months for a 3.3 1Kw electricity supply. On top of this there is, of course, the actual consumption.
As gas is supplied in bottles it is possible to contract for 1 or 2 bottles. The cost for 1 is approx. € 42, and for 2 apprpx. € 66 Euros. Exchange bottles cost approx. € 6, and can be obtained from Repsol Butano or delivered to the client’s property.

More on The costs of owning property in Spain

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Not too long ago, the average Briton could buy a flat in Spain, declare the property uninhabited, rent it out to whoever he felt like and avoid paying a penny in tax to the Spanish government.

More on Spanish property rental income tax

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