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What are the annual running costs for a home in Spain?

This obviously depends on the price of your property and where you buy.

As a guideline, the running costs for an average 2 or 3 bedroom property on the Costa Blanca will be approximately from 1,000€ – 3.000€ a year. This includes water, gas, electricity, local rates, refuse collection, community fees, insurance an property/wealth tax.

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