Yeah, "generated".
If you have the salary of SV sure, the real state is cheap but for those working and living in Spain it is not
Rent for a room in a city centre goes from 200€, nice flat 500€ big one 600€
Regarding salaries, it's smaller number of currency units but things are very cheap as well, really great place for investing. Infrastructure is better than in central Europe (was there recently for over a month) so it has everything to grow, and it most definitely will.
Rent for a room in the centre of Barcelona or Madrid goes from €500, nice flat €900 big one €1200+.
If you work in tech, there's a high probability that you work for a company with their HQ there. If you combine that with the fact remote work culture is still settling in, there's also a high chance that you also live there.
> You can buy a nice flat in some areas for less than 20k
A nice flat in the outskirts of Barcelona or Madrid should be about 200-250k. As you get closer to the centre, prices approach 400k, even 500k+ in some areas.
Other than that, Northern Spain has some infamously expensive areas that are comparable to Barcelona and Madrid. Same thing happens in the Costa Brava, some areas in the outskirts of Madrid, and some areas in Southern Spain.
Also, only 11% of the workforce work under what locals call an "indefinite contract". Banks only trust that 11%.
Spain is ideal for a digital nomad that is willing to live in some run down area or what people call "Empty Spain". And even in those places, finding a nice flat for €20k sounds like a pipe dream.
Honestly, if I were a digital nomad from some European country and I wanted to move to Spain, I would just move to Andorra. Spain is a short drive away and taxes are way lower.
You're saying a lot of wrong things, for starters
> Spain is ideal for a digital nomad that is willing to live in some run down area or what people call "Empty Spain".
As a tech worker, and digital nomad myself, I don't live in any "Run down area", I have a high german salary and chose to live here in Spain because quality of life is much higher than in central Europe, including Baden-Württemberg, Czechia, Poland, etc.
With this salary I've bought many properties in Spain, I can literally buy a flat near the beach for less than 20k euros. Stop spreading lies about Spain.
Just a quick look: https://www.idealista.com/venta-viviendas/alicante-alacant-a... there's 491 places for sale in Alicante with price < 60k euros, I could buy 2 in 1 year, average tech worker in Alicante makes 40k+ so they can buy one in over a year.
Alicante is in no way representative of Spain. It should be very close to the bottom of the list, if not at the very bottom.
> I have a high german salary and chose to live here in Spain because quality of life is much higher than in central Europe, including Baden-Württemberg, Czechia, Poland, etc.
Guess what, most people working in Spain don't have "high German salaries".
Also, the average engineer in Alicante makes way less than 40k. Actually, there's a ~20% chance that they don't have a job in the first place. The average senior engineer makes about 45k in the most expensive areas of the country, before paying ~20-25% of it in taxes.
Keep in mind that 43% of Spaniards save less than €100 a month, with 23% of the population not saving any money at all. https://www.europapress.es/economia/finanzas-00340/noticia-4...
I've been many times to Alicante and could work there in an office for 400€/day if I wanted, stop spreading lies.
Anyway, pumping out Venezuela is the worst idea imaginable. That carbon needs to stay in the ground. If you want to stick it to the Russians, deploy a national workforce installing solar panels all over Germany and Italy, then dynamite the Russian gas pipelines.
I am quite intrigued at those who doubt this of all stories.
tiny nitpick: immigration -> emigration