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On going charges.

Posted: Wed Feb 17, 2021 6:48pm
28 replies959 views8 members subscribed
Ryan M

Posts: 26

4 helpful points

Location: Algorfa

Joined: 8 Feb 2021

When an apartment is left empty what are the charges for water and electric, do they have standing charges like the UK  or is it just pay as you go? 

craig245t

Posted: Wed Feb 17, 2021 7:09pm

craig245t

Very helpful member

Posts: 421

622 helpful points

Location: Playa Flamenca

Joined: 13 Apr 2018

Posted: Wed Feb 17, 2021 7:09pm

You'll pay a standing charge for electricity every month even if its turned off at the fuse box. We're paying around €15 - €16 a month when we're not there.

You water bill is probably quarterly and is the same. We're paying about €70 per quarter for this with no usage. Bear in mind your water bill may include a charge for sewage and refuse collection too. 

Ryan M

Posted: Thu Feb 18, 2021 9:15am

Ryan M

Original Poster

Posts: 26

4 helpful points

Location: Algorfa

Joined: 8 Feb 2021

Posted: Thu Feb 18, 2021 9:15am

craig245t wrote on Wed Feb 17, 2021 7:09pm:

You'll pay a standing charge for electricity every month even if its turned off at the fuse box. We're paying around €15 - €16 a month when we're not there.

You water bill is probably quarterly and is the same. We're paying about €70 per quarter for this with no usage. Bear in mind your water bill may include a charge for sewage and refuse collection too. ...

...

Thank you so much, this is very helpful.  Do you know about internet, how much per month and can you have it turned off when not there and if so is there a reconnection charge?  I am just trying to get a monthly costing of owning an apartment over there? 

craig245t

Posted: Thu Feb 18, 2021 9:27am

craig245t

Very helpful member

Posts: 421

622 helpful points

Location: Playa Flamenca

Joined: 13 Apr 2018

Posted: Thu Feb 18, 2021 9:27am

Ryan M wrote on Thu Feb 18, 2021 9:15am:

Thank you so much, this is very helpful.  Do you know about internet, how much per month and can you have it turned off when not there and if so is there a reconnection charge?  I am just trying to get a monthly costing of owning an apartment over there? 

We pay €25 per month for broadband. You can switch it off for up to 3 months of the year saving €75. 

Have you already bought somewhere?

Ryan M

Posted: Thu Feb 18, 2021 10:08am

Ryan M

Original Poster

Posts: 26

4 helpful points

Location: Algorfa

Joined: 8 Feb 2021

Posted: Thu Feb 18, 2021 10:08am

craig245t wrote on Thu Feb 18, 2021 9:27am:

We pay €25 per month for broadband. You can switch it off for up to 3 months of the year saving €75. 

Have you already bought somewhere?

No not yet, just looking into on going costs per month as it would only ever be a bolt hole. Is that all covered do you think? Water, electric and internet, council tax and maintenance charge.  Thanks once again.  

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craig245t

Posted: Thu Feb 18, 2021 10:19am

craig245t

Very helpful member

Posts: 421

622 helpful points

Location: Playa Flamenca

Joined: 13 Apr 2018

Posted: Thu Feb 18, 2021 10:19am

Ryan M wrote on Thu Feb 18, 2021 10:08am:

No not yet, just looking into on going costs per month as it would only ever be a bolt hole. Is that all covered do you think? Water, electric and internet, council tax and maintenance charge.  Thanks once again.  

I'll pm you some info later today, that'll give you an idea of monthly costs. Someone did that for us and it was really helpful.

A lot of people think there's no costs when your not there which is sadly not true. Your'e doing things the right way round👍

Ryan M

Posted: Thu Feb 18, 2021 10:41am

Ryan M

Original Poster

Posts: 26

4 helpful points

Location: Algorfa

Joined: 8 Feb 2021

Posted: Thu Feb 18, 2021 10:41am

craig245t wrote on Thu Feb 18, 2021 10:19am:

I'll pm you some info later today, that'll give you an idea of monthly costs. Someone did that for us and it was really helpful.

A lot of people think there's no costs when your not there which is sadly not true. Your'e doing things the right way round👍

Thank you, I don't want it turning out to be an expensive folly.

Ali J

Posted: Thu Feb 18, 2021 12:19pm

Posts: 40

20 helpful points

Location: Algorfa

Joined: 13 Oct 2019

Posted: Thu Feb 18, 2021 12:19pm

Hi - I have a small 2 bedroom apartment (holiday home) in Algorfa - when I'm not there, I pay around €24 per month electricity (iberdrola) & around €27 quarterly for water (hydraqua). My WiFi is pay as you go with vegafibra so I pay a daily rate when I'm there but no charge when I'm not. You also need to factor in twice yearly bins charge (collected by SUMA - we pay about €27 each time) plus annual IBI (sometimes referred to as SUMA) which is dependent on the value of your property - ours is about €187 annually). You also have to complete an annual tax return & pay an annual non-residents tax (varies depending on who does your return or if you do it yourself). Then you have annual communal fees depending on where you buy and you will need buildings & contents insurance. Some/most Spanish banks also charge a quarterly fee for your non resident bank account - ours is €35 per quarter with Sabadell. We transfer a set amount each month from our UK to our Spanish bank account via Currencies Direct and then all our bills go out of our Spanish account by direct debit. In total, I would say our fees add up to around €1800 - €2000 per annum but that includes the increase in utilities and WiFi charges when we're actually there. Hope that helps 🙂

Ryan M

Posted: Thu Feb 18, 2021 12:35pm

Ryan M

Original Poster

Posts: 26

4 helpful points

Location: Algorfa

Joined: 8 Feb 2021

Posted: Thu Feb 18, 2021 12:35pm

Ali J wrote on Thu Feb 18, 2021 12:19pm:

Hi - I have a small 2 bedroom apartment (holiday home) in Algorfa - when I'm not there, I pay around €24 per month electricity (iberdrola) & around €27 quarterly for water (hydraqua). My WiFi is pay as you go with vegafibra so I pay a daily rate when I'm there but no charge when I'm not. ...

...You also need to factor in twice yearly bins charge (collected by SUMA - we pay about €27 each time) plus annual IBI (sometimes referred to as SUMA) which is dependent on the value of your property - ours is about €187 annually). You also have to complete an annual tax return & pay an annual non-residents tax (varies depending on who does your return or if you do it yourself). Then you have annual communal fees depending on where you buy and you will need buildings & contents insurance. Some/most Spanish banks also charge a quarterly fee for your non resident bank account - ours is €35 per quarter with Sabadell. We transfer a set amount each month from our UK to our Spanish bank account via Currencies Direct and then all our bills go out of our Spanish account by direct debit. In total, I would say our fees add up to around €1800 - €2000 per annum but that includes the increase in utilities and WiFi charges when we're actually there. Hope that helps 🙂

That's perfect, very helpful.  

Frank202

Posted: Thu Feb 18, 2021 6:29pm

Frank202

Helpful member

Posts: 87

51 helpful points

Location: La Florida

Joined: 11 Apr 2019

Posted: Thu Feb 18, 2021 6:29pm

craig245t wrote on Wed Feb 17, 2021 7:09pm:

You'll pay a standing charge for electricity every month even if its turned off at the fuse box. We're paying around €15 - €16 a month when we're not there.

You water bill is probably quarterly and is the same. We're paying about €70 per quarter for this with no usage. Bear in mind your water bill may include a charge for sewage and refuse collection too. ...

...

Hi Craig,

Can I ask who your energy supplier is, we are with Cox Energy and paying anything between €22 and €28 per month when we are not there.


Regards,

Frank.

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