Health Care In Spain

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There is a state health system in Spain, which is available free of charge to people who have paid the required amount of social security throughout their working lives.

Anybody can go to their local health care centre “Ambulatorio” and get minor treatment, so long as they can produce a Social Security card from an EU country.

Health care centres serving large towns tend to be very big and will have a lot of staff. You can either make an appointment for one or two days ahead or you can, depending on the time you go and how many other people are waiting, take a number and sit and wait to see a doctor.

If you are a minor emergency case, you will be seen as soon as you arrive. Serious emergency cases are dealt with in the Emergency department “Urgencias” of the local hospital.

Whilst the state system is not bad, if you want to be seen quickly and have more privacy or should you need to stay in a hospital, then you need to take out a private medical insurance.

A lot of our friends have private medical insurance, whilst others prefer to save the money and spend it on a new car or whatever. My advice would be to take out medical insurance cover.

Why Buy a Lease On a Bar?

Many people don’t fully understand what a commercial lease is, so I often get asked the following question :

Why Lease A Bar When You Can Just Rent One?

The bars that are available for rent are usually:

  • Closed for trading
  • Not taking any money
  • Or the rent is VERY high

A rental agreement lasts usually for one year and then you have to renegotiate the rent. Here are just a few problems that can occur:

  • Quite often if you’ve done well the owner will take the bar back at the end of your contract.
  • He/she may ask for a big increase in your monthly rental.
  • He/she may sell the business at a good price because you have built up the trade.

When you lease a bar, you are buying:

  • The customers
  • The fixtures and fittings, machines etc
  • The right to continue trading in the bar for 5-10 years and even after that you can, if you have the specific clause within your contract, renew for an extra 5-year period
  • Rent increases are mostly in line with the Standard Inflation Index (IBOR) and at the end of the lease there will be an increase of typically 10-15%
  • If you do well and build the business up, you can sell the lease at a profit

IMHO renting is a mug’s game.