Imagine retiring in Portugal, a country that embraces you with its warm weather and beautiful landscapes. It has become a favored destination for American and British retirees seeking a relaxing lifestyle for their golden years. So, where are the best places to retire in Portugal? And what makes the country so appealing for retirees?
Firstly, there’s the weather – a delightful blend of Mediterranean and Atlantic influences. Imagine long strolls through historic streets under around 3,000 hours of sunshine each year. It’s a climate that exhudes warmth and tranquility.
Then there’s the stunning scenery that unfolds across the country. Portugal boasts 1,800 kilometers of coastline along the Atlantic Ocean, offering golden beaches, dramatic cliffs, and lovely seaside villages. Venture inland, and you’ll discover terraced vineyards, rolling hills, and magical valleys – a truly diverse topography!
Lastly, affordability adds to the country’s popularity. Living in Portugal is more budget-friendly compared to many Western European countries. This financial freedom allows retirees to fully enjoy their retirement – enjoying delicious cuisine, immersing themselves in the rich culture, and uncovering hidden places without constantly worrying about expenses.
Ultimately, Portugal offers retirees a level of beauty, affordability, and culture that are hard to beat.
Let’s Explore the Best Places to Retire in Portugal
Choosing a Big City
Portugal’s vibrant big cities offer a unique retirement experience, blending modern amenities with rich history and tradition. The presence of thriving expat communities provides a sense of camaraderie, making it easier to transition into this new chapter of life. Excellent transportation infrastructure further enhances the appeal, ensuring easy exploration of the country’s beauty. Here are three great cities to consider:
In Lisbon, time seems to slow down amid historic cobblestone streets and pastel buildings. This city, drenched in sunshine, offers a blend of cultural richness and contemporary living. From exploring the historic Alfama district to indulging in pastel de nata at a local café, Lisbon is a true favorite among retirees, with diverse neighborhoods and a cosmopolitan vibe.
Porto, a UNESCO World Heritage site, invites retirees to stroll along the Douro River, savoring port wine and basking in the city’s landscapes. With its quaint alleys and lively markets, Porto offers old-world charm blended with a cosmopolitan atmosphere.
For those seeking a city steeped in academic history, Coimbra is ideal with its ancient university and atmospheric streets. The city’s intellectual atmosphere, coupled with stunning gardens and libraries, makes it one of the best places to retire in Portugal for those looking to engage their minds and enjoy a serene lifestyle.
When it comes to housing for retirees in Portugal’s big cities, there are many different options to consider. In Lisbon, retirees can choose from cozy apartments in the historic neighborhoods of Alfama and Bairro Alto to more contemporary residences in modern developments. In Porto, there is the Ribeira district, with its colorful buildings along the Douro River, perfect for those seeking a historic atmosphere. Additionally, Porto provides modern condominiums and apartments with river views, ensuring retirees have a comfortable and scenic place to call home.
The property prices in Metropolitan Lisbon are more or less in comparison to those of Europe’s other big cities, averaging around $714,000 (€642,600).
Choosing the Coast
Embracing the coastal breeze adds a new dimension to retirement in Portugal, and two enchanting coastal towns stand out:
Nazaré, once a humble fishing village, has transformed into a seaside haven that welcomes retirees with open arms. Imagine golden beaches stretching along the shoreline, where waves crash against majestic cliffs.
Often hailed as the “Venice of Portugal,” Aveiro is where retirees can discover a picturesque blend of canals, historic architecture, and gondola-like boats known as moliceiros.
Get to know Aveiro with this Complete Guide to Living in Aveiro.
The cost of living and property prices are more affordable along the coast of the country compared to the bigger cities, with the average home price in the Central Region of Portugal at around $284,000 (€255,600).
Retiring in the Algarve
The Algarve, Portugal’s southern region, is a prime destination for retirees seeking a sun-soaked paradise. For those with an active lifestyle, the Algarve is a golfing paradise, with numerous world-class golf courses. Additionally, the region provides ample opportunities for outdoor activities such as hiking, cycling, and water sports, ensuring retirees can maintain an active and healthy lifestyle.
Faro, the capital of the Algarve, is a historic city with an old town and many cultural attractions. It’s well-connected with good transportation options, including an international airport, making it convenient for retirees who enjoy traveling.
Lagos is a smaller coastal city known for its historic architecture, beautiful beaches, and vibrant atmosphere. Lagos is appealing to retirees seeking a lively environment.
Find out why Lagos is a great place to live with this Complete Guide to Living in Lagos.
Albufeira is popular for its various dining and shopping options. While attracting a diverse crowd, the Old Town of Albufeira has a relaxed atmosphere, making it suitable for retirees looking for a balance between tranquility and entertainment.
The Algarve offers a variety of property types suitable for retirees. From cozy apartments in the historic town centers to spacious villas with ocean views, retirees can find housing options that cater to their preferences and budget. Gated communities and condominiums are also popular choices, offering amenities such as swimming pools, golf courses, and security services.
The property prices in Algarve are more or less comparable to those of the bigger cities in Portugal, and average at around $660,000 (€594,000).
Retiring in Central Portugal
As we venture into Central Portugal, we encounter a region characterized by its picturesque landscapes, historic towns, and a slower pace of life. Cost of living here is also much lower compared to the bigger cities. For example, rent prices in Castelo Branco are up to 70% lower than in Lisbon. Here are some notable places for retirees to consider:
In the heart of the country is Castelo Branco. The city’s name, which means “white castle” in Portuguese, is derived from the medieval fortress that crowns the hill and offers panoramic views of the surrounding region.
Castelo Branco is characterized by its well-preserved historic center, featuring narrow cobblestone streets, traditional whitewashed houses, and historic monuments. Retirees can explore the local museums, such as the Francisco Tavares Proença Júnior Museum, showcasing an impressive collection of art and artifacts.
Discover more about this affordable retirement destination in the Complete Guide to Living in Castelo Branco.
Covilhã, nestled amid the landscapes of the Serra da Estrela mountain range, is a captivating city in Portugal. Known for its historical significance in the wool industry, Covilhã has a beautiful old town with narrow, winding streets and traditional houses.
The city’s blend of history and innovation is evident in its transformation into a center for education and technology, with the University of Beira Interior playing a pivotal role. The city is well connected to the bigger cities around the country through highways and railways.
Viseu, often referred to as the “City of Viriato,” is a historic gem located in the central region of Portugal. Steeped in history, Viseu preserves its medieval charm with well-preserved architecture, including the Se Cathedral and the 12th-century Viseu Cathedral. The city’s heart is the Rossio, a lively square surrounded by cafes and shops, providing a vibrant atmosphere for retirees.
Central Portugal offers more family-type housing options for retirees. In Castelo Branco, consider historic homes in the city center or explore modern residences in newly developed areas. Covilhã offers a mix of apartments with mountain views and cozy cottages, while Viseu provides options ranging from townhouses to countryside villas.
Retiring in Northern Portugal
As we move away from bustling city life and coastal paradises, Northern Portugal welcomes retirees with its peaceful villages. These lesser-known towns offer a serene retirement experience with a close-knit community atmosphere. Property prices and the cost of living in Northern Portugal are around 24% lower compared to a big city like Lisbon.
In the rugged landscapes of Trás-os-Montes, Bragança is a medieval town that transports retirees to a bygone era. The iconic Bragança Castle, perched atop a hill, overlooks the town and offers panoramic views of the surrounding countryside. The cobblestone streets, traditional houses, and a rich cultural heritage make Bragança an ideal destination for retirees seeking a historic setting.
Surrounded by the stunning Douro Valley and the Marão mountain range, you will find Vila Real. Retirees can explore the Mateus Palace, known for its distinctive baroque architecture and beautiful gardens. The city’s lively markets and squares, such as Praça do Município, provide a vibrant backdrop for retirees looking to engage with the local community.
Located between the Lima River and the Atlantic Ocean, Viana do Castelo is a coastal town with a rich maritime history. The city’s well-preserved architecture, including the iconic Sanctuary of Santa Luzia, adds to its charm.
Retirees can enjoy leisurely strolls along the riverfront and explore the historic city center, making Viana do Castelo an idyllic choice for those seeking a blend of coastal living and cultural experiences.
The Best Places to Retire in Portugal: Discovering Remote Villages
For retirees looking for a truly secluded and tranquil retirement experience, Portugal’s remote villages present a unique opportunity. These hidden treasures, often tucked away in the country’s interior, offer retirees a chance to reconnect with nature, and savor a simpler lifestyle.
The villages of Portugal offer a very low cost of living compared to the rest of Europe and property prices are also much lower compared to the bigger cities. Here are a few remote villages worth considering:
Known as the “Most Portuguese Village in Portugal,” Monsanto is a captivating village that seems frozen in time. Situated amidst giant boulders and granite formations, the village has preserved its medieval feel with narrow streets winding through ancient houses. Retirees can explore the Castle of Monsanto and enjoy breathtaking views of the surrounding countryside.
Tucked away in the Serra do Açor mountains, Piodão is a traditional schist village characterized by its unique stone houses with slate roofs. The village’s remote location provides a peaceful environment, ideal for retirees seeking solitude and a connection with nature.
Perched on a rocky hill, Sortelha is a well-preserved medieval village that offers retirees a journey back in time. The castle, medieval walls, and stone houses contribute to the village’s historic allure. With its panoramic views of the surrounding landscapes, Sortelha provides retirees with a serene retreat.
When considering retirement in remote villages, it’s important to evaluate accessibility, healthcare facilities, and the level of infrastructure. While these villages offer a unique and peaceful lifestyle, retirees should ensure that they align with their preferences and needs.
