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Banks

Bankinter (Torre del Mar)

The Bankinter branch in Torre del Mar is on Avenida de Andalucía, the main commercial and banking street.

Set up the direct debits, and check them once a year

Owning a property in Spain means a handful of recurring payments: the annual property tax to the town hall, the rubbish charge, the community fees, the water and the electricity. All of them can be domiciled, which is the word used here for a direct debit, and all of them should be.

The failure that catches people out is not setting them up, it is not noticing when one fails. An account that runs dry in March, a card that expired, a community fee that went up after a vote. By the time a foreign owner returns in June, a surcharge has been added and in the worst cases the water has been cut off. Look at the account statement once a quarter, even from abroad, and the whole category disappears.

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