You need 2 bits of heavy equipment, while not strictly required a substantial bandsaw is a handy piece of equipment for processing logs into turning blanks, and of course the lathe. A good fireplace is also handy as making fancy firewood is often the best way to learn.
A quick search of Spanish Ebay shows quite a lot of woodturning kit for sale, even with my abysmal translation skills. So I am sure you can find something within driving distance, which will save you substantial shipping costs.
I would save the Olive until you have practiced a bit, it's much easier to get chisel control on straight grained.
May be worth spending some time sorting out a spare room, especially this time of year, looks like there are several who will give a few hours teaching in exchange for escaping the cold for a few days :-)
