Living expenses
When living in Spain, you'll need to take the following expenses into consideration.

• insurance: Fire insurance is compulsory by law when taking out a mortgage as it is in the UK. It is of course also basic common sense. As in the UK comprehensive household insurance is available to protect your home and contents. Again as in the UK life insurance can be taken out to guarantee payment of the loan in the case of death. 0.5% to 1% of value.
• water and electricity: Utilities have a standing charge plus additional charges for actual consumption.
• telephone: The standard charge for a telephone line installation from Telephonica is around 180 Euros. The line rental and call charges are then payable every two months. You can also have ADSL or Broadband very easily and you will find there are various deals available
• tax on rental income: Britain and Ireland have a double taxation treaty with Spain. Tax is paid on the declared income from the property and your rental income must also be declared to the Inspector of Taxes in Britain or Ireland.
• fiscal representative: (Gestor) to manage tax returns etc as a non-resident in Spain (approx. 60 Euro). Your appointed lawyer will often be able to handle this function for you.
• basura: In some areas you might have to pay the Basura (for rubbish disposal) separately, in other areas it is included in the IBI.