Spain is best retirement destination in Europe, new study reveals

  • Spain is Europe’s no. 1 retirement destination (Blacktower Financial Management)
  • Property prices and quality are a big draw for UK retirees (Taylor Wimpey España)
  • Cost of living in Spain is 4th lowest in Europe (Expatistan)
As the autumn weather turns colder, and the prospect of a ‘big freeze’ arises once again, it’s hard to keep from imagining spending the winter – indeed, all winters – somewhere a little warmer than the UK. Southern Spain is an obvious choice for several reasons, particularly when it comes to retirement.
A poll by Expatistan placed Spain fourth in Europe earlier this year in terms of affordable destinations. Blacktower Financial Management, meanwhile, has just rated Spain as the top retirement destination in Europe, based on criteria including the cost of living, life expectancy and property prices.
Spain certainly has plenty to offer when it comes to the latter. The Costa Blanca has long been seen as an affordable location in which to own your own slice of Spain, whether as a holiday home or a main residence. Leading Spanish home builder Taylor Wimpey España offers apartments and townhouses there, priced from €170,000 plus VAT.
At La Recoleta III, for example, buyers can pick up two- and three-bedroom apartments with private terraces and lovely views over the sea and the development’s pool and landscaped communal gardens. Those with a little more to spend have the option to purchase a penthouse, complete with private solarium.

NewsDesk

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