The cheapest places to live in Spain by the sea are Alicante, Malaga, Tenerife, Cádiz and Tarragona. These cities provide an affordable cost of living with access to amazing beaches and attractions.
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Some popular regions for budget-friendly property include Andalusia, Murcia, and Castile-La Mancha, amongst others. In these areas, you can find houses and apartments for sale at prices that are significantly lower than in more expensive areas such as Madrid, Barcelona or the Balearic Islands.
It is easy for US citizens to move abroad to Spain, provided they fulfill the eligibility criteria for one of the available visas. You can also choose to invest in Spain under the Golden Visa scheme or obtain a Spanish residence permit from a foreign pension through the Non-lucrative Visa.
Conclusion about pros and cons of living in SpainThe good climate, rich culture and history, delicious food and relaxed lifestyle make it an attractive destination for many people. However, the bureaucracy and red tape, high unemployment rate, language barrier, slow Internet, and noise and crowds can be drawbacks.
Cost of living in Spain vs PortugalIf you belong to this category, the cost of health insurance is €30- €50 a month. On average, the cost of living in Spain is 4.3% more expensive than in Portugal, with Spain being cheaper on average for public transport and grocery costs.