Puerto Pollensa Travel Guide
Before You Go
Flights
Package Holidays
Latest Special Offers!
All-Inclusive Hotels
Hotels & Aparthotels
Private Villas/Apts to Rent
Villa Companies
Local Rental Agents
Cruises
Car Hire
Airport Transfers & Taxis
Travel Insurance
Late Deals!
Currency
Holiday Shopping
Background Info
Language
Books
Events & Fiestas
Climate & Weather
Art & Culture
Flora & Fauna
Links
Discussion Forum
Once You're There
Maps
Airport Directions
Tourist Information
Eating Out
Buses & Trains
Music & Entertainment
Excursions & Days Out
Shopping & Markets
Kids
Beaches
Walking, Cycling
Boat Charters
Sailing/Watersports
Market Place
Boats & Yachts
Property For Sale
Businesses For Sale
Property Services
Local Services
MouseMats & T-shirts
Computers
Internet Services
Virus Protection
PuertoPollensa.com discussion forums

Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

Like Tree6Likes

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 05-12-2016, 15:30
**
 
Join Date: Oct 2008
Posts: 14
Default Living Costs

Can someone help me with utility costs and general living? We are a family of four looking to move to the port within a year or so and have no idea what living costs we should allow for.
We assume electric, water, contribucion, but could do with a detailed list and rough costing. Also the best places to go for long term rentals too would be great!
Any help gratefully received!
Thank you all so much.

Paul
Reply With Quote
Sponsored Links
  #2  
Old 05-12-2016, 16:00
*****
 
Join Date: Aug 2016
Location: Stevenage, Hertfordshire and PP
Posts: 131
Default

we spend

electric - 100pm but only use for 10-14 days pm so you should double that
council tax/rubbish collection 550pa
flat maintenance fees 91pm - lift but no pool
tv/internet with movistar - 62pm
beauty parlour (wife not me!) - 45pm

hope that helps
psjd likes this.
Reply With Quote
  #3  
Old 05-12-2016, 17:05
pollensa's Avatar
Founder
 
Join Date: May 2001
Location: Colchester, UK
Posts: 3,814
Default

For Long Term rentals try the local estate agents - see Rent Villas, Apartments from Agents in Puerto Pollensa, Mallorca Majorca
Reply With Quote
  #4  
Old 05-12-2016, 18:00
*****
 
Join Date: Feb 2008
Posts: 625
Default

MPH123, is this your total expenditure? What about Wealth Tax? (We used to pay this but we weren't living full time I think at that point). Anything else?
Reply With Quote
  #5  
Old 05-12-2016, 18:16
*****
 
Join Date: Aug 2016
Location: Stevenage, Hertfordshire and PP
Posts: 131
Default

we are not resident in Spain (yet) so dont pay any - and our humble flat is not worth €700,000
Each resident individual has a tax free allowance of €700,000 plus a €300,000 allowance on his own home. If a couple owns a property in joint names, each gets €300,000. Non-residents just receive the individual allowance of €700,000. The tax rates range from 0.2% to 2.5%.
Reply With Quote
  #6  
Old 05-12-2016, 18:29
Gommar Goffer's Avatar
*****
 
Join Date: Aug 2008
Location: PP permanently
Posts: 1,546
Default

what are the healtcare costs? is it done with insurance policies?

Also factor in insurance policies for the property contents (mine is about 200pa)/ vehicle running costs - not sure what they are but cheaper than UK
__________________
GG
Reply With Quote
  #7  
Old 05-12-2016, 20:19
*****
 
Join Date: Feb 2008
Posts: 625
Default

Anyone know what broadband without tv would be? Also does Freeview work out there?
Reply With Quote
  #8  
Old 05-12-2016, 21:41
El Gordo's Avatar
*****
 
Join Date: Feb 2008
Location: NE
Posts: 1,584
Default

Quote:
Originally Posted by mallorcaboy View Post
Anyone know what broadband without tv would be? Also does Freeview work out there?
Freeview using an aerial is not available but Freesat using a satellite dish is, although you need a large dish for this. See other threads for more detailed requirements.
__________________
Adios
Gordon

My FlickR Photos
Reply With Quote
  #9  
Old 05-12-2016, 22:11
*****
 
Join Date: Aug 2008
Location: Puerto Pollensa
Posts: 2,141
Default

MPH 133 . As a non resident you should be paying tax each year. It is worked out as a percentage of your cadastral value. It is assumed by owning a property here that you gain some benefits. It is income tax .
pollensa likes this.
Reply With Quote
  #10  
Old 05-12-2016, 22:16
*****
 
Join Date: Aug 2016
Location: Stevenage, Hertfordshire and PP
Posts: 131
Default

Quote:
Originally Posted by lollipop View Post
MPH 133 . As a non resident you should be paying tax each year. It is worked out as a percentage of your cadastral value. It is assumed by owning a property here that you gain some benefits. It is income tax .
What about the 700,000 allowance?
Reply With Quote
  #11  
Old 05-12-2016, 22:45
Banned
 
Join Date: May 2009
Location: England
Posts: 1,710
Default

What if you don't "gain benefits"?
I.e. I assume by not renting your property??
Reply With Quote
  #12  
Old 05-12-2016, 23:15
El Gordo's Avatar
*****
 
Join Date: Feb 2008
Location: NE
Posts: 1,584
Default

Quote:
Originally Posted by MPH133 View Post
What about the 700,000 allowance?
The 700,000Euro Exemption is the current situation regarding "Wealth Tax"

The tax that Lollipop refers to is a tax levied on non resident owned property that is claimed as non renting!! This is based on the Cadastral value.

Spanish tax law requires that non-resident owners of property in Spain have to pay Spanish income tax even if they have no Spanish earnings such as rental income!!

Have a look at this article from ADVOCO.ES
pollensa and lollipop like this.
__________________
Adios
Gordon

My FlickR Photos

Last edited by El Gordo; 06-12-2016 at 15:16.
Reply With Quote
  #13  
Old 05-12-2016, 23:17
*****
 
Join Date: Feb 2008
Posts: 625
Default

When we owned from 1990-2005 but didn't live full time on the island, we did pay what was called a wealth tax. We were told that it was based upon the "assumption" that we rented it out. I can't remember now if we had to fill out a tax return but I don't think we did. I think it was billed to us through our community administrator who at that time was Anna de la Cruz. Are people still being billed for this or have things changed?
Reply With Quote
  #14  
Old 05-12-2016, 23:36
El Gordo's Avatar
*****
 
Join Date: Feb 2008
Location: NE
Posts: 1,584
Default

Quote:
Originally Posted by mallorcaboy View Post
When we owned from 1990-2005 but didn't live full time on the island, we did pay what was called a wealth tax. We were told that it was based upon the "assumption" that we rented it out. I can't remember now if we had to fill out a tax return but I don't think we did. I think it was billed to us through our community administrator who at that time was Anna de la Cruz. Are people still being billed for this or have things changed?
The "Wealth Tax" and "Imputed Rental Tax" are different taxes although they will have been paid at the same time.

Since you paid, the threshold for paying Wealth Tax was raised and many owners became exempt from this tax. However it still exists and they could lower the exempt values when they want to raise more taxes!!
__________________
Adios
Gordon

My FlickR Photos
Reply With Quote
  #15  
Old 06-12-2016, 00:15
its cd's Avatar
*****
 
Join Date: Feb 2008
Posts: 1,657
Default

Quote:
Originally Posted by mallorcaboy View Post
Anyone know what broadband without tv would be? Also does Freeview work out there?
33euros per month with Movistar - really good can cope with at least 5 people using email Facebook etc concurrently

I think this also includes some landline calls but as we don't have a phone we don't use the allowance so can't confirm details
__________________
CD
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are Off
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Living in PP for 3 months. goldengapper Miscellaneous 4 21-11-2012 11:23
Costs pollensabay Living & Working in the Pollensa Area 0 06-11-2012 16:49
cost of living in the sun bevgt Living & Working in the Pollensa Area 15 08-10-2010 10:24
State health costs for over 65's living in Puerto Pollensa ? pinewalkstroll Medical 2 28-04-2007 19:24
Living in paradise. Tony Roan Living & Working in the Pollensa Area 5 07-02-2006 02:33


All times are GMT +1. The time now is 17:08.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0
(c) Copyright Holiday Webs Ltd 2011