There are numerous reasons for retirees from the UK deciding to buy a property in Spain and settle down in the south European nation for their later years, it has been claimed.
According to Taylor Wimpey de Espana, one of the main attractions is the low cost of living, with the company noting that the typical price of dining out for two is just €10 (£8.74).
The firm highlighted Mallorca as a particularly popular retirement location, with sales and marketing director Ignacio Osle explaining that the island offers something for everyone, from bustling cities to peaceful village retreats.
He commented: "There is a general feeling of good health, a wellbeing evoked by the island which is enough to encourage anyone looking to retire to make Mallorca their new home."
Taylor Wimpey de Espana cited data published by Standard Life, which revealed that Spain remains the number one retirement destination for Brits - beating Australia, the USA, France and Ireland.
Earlier this month, Adrian Warriner, managing director at Spanish-Living.com, stated that despite the country's economic problems, it is still a popular choice among those planning to move abroad because "it's such an enduring market".
