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The Financial Benefits of Quitting Smoking: How Rental Income and Homeownership Can be Achieved in Spanish Provincial Capitals

This curious statistic is what they have prepared from the real estate portal, with a study that reveals rental income in 27 provincial capitals.

In Ourense, stopping smoking would allow the tenant to face 16 months of rent, while in Lugo and Pontevedra it would give up to 13 months of rent.

Photo: EP

A Spaniard would save about 2,000 euros a year (1,679) if i stopped smoking. “If this good habit were to extend for five years, these people could pay the annual rental income in 27 different provincial capitals,” according to the director of studies and spokesperson for apartments.com, Ferran Font.

The following appear on this list provincial capitalsin which quitting smoking for five years would allow them to pay 12 months, or more, of rent: Ciudad Real (17 months), Cáceres (16 months), Ourense (16 months), Zamora (15 months), Jaén (15 months), Palencia (15 months), Soria (14 months), León (14 months), Badajoz (14 months), Cuenca (14 months), Castellón de la Plana (13 months), Teruel (13 months), Albacete ( 13 months), Ávila (13 months), Lugo (13 months), Guadalajara (13 months), Pontevedra (13 months), Almería (12 months), Córdoba (12 months), Huelva (12 months), Huesca (12 months ), Toledo (12 months), Burgos (12 months), Segovia (12 months), Valladolid (12 months), Lleida (12 months) and Logroño (12 months).

In addition, ending a habit as harmful as tobacco can relax the family economy and accelerate the savings process necessary to apply for a mortgage loan and pay the down payment for an apartment, highlights this real estate portal.

“Understanding the entrance of a house about 20% of its value, we observed that in more than 20 provincial capitals it would take about 15 years without smoking to save the necessary amount,” comments the expert.

The following provincial capitals appear on this list, in which quitting smoking for 15 years or less would allow them to pay the down payment for an apartment: Albacete (15 years), Badajoz (14 years), Ourense (14 years), Soria (14 years), Córdoba (14 years), Huesca (14 years), Palencia (14 years), Almería (13 years), Cuenca (13 years), Teruel (13 years), Murcia (13 years), Lugo ( 13 years), Ávila (12 years), Huelva (12 years), Cáceres (12 years), Castellón de la Plana (12 years), Lleida (11 years), Zamora (11 years), Ciudad Real (11 years) and Jaén (10 years old).

#Quitting #smoking #key #afford #renting #Ourense #Lugo #Pontevedra #apartments.com

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