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Engel & Völkers Licence Partner Lagos, ALGARVE > Blog > ALGARVE, The best place to retire in the world

ALGARVE, The best place to retire in the world

According to “Live and Invest Overseas” the Algarve region in Portugal is the best place to retire in the world.

“This is a land of cobblestoned streets and whitewashed houseswith lace-patterned chimneys, surrounded everywhere by fig, olive,almond, and carob trees. The Algarve also offers great weather, with3,300 hours of sunshine per year, meaning more sunny days than almostanywhere else in Europe.

The Algarve’s 100 miles of Atlantic coastline is punctuated byjagged rock formations, lagoons, and extensive sandy beaches, manyawarded coveted Blue Flags from the European Blue Flag Association.In addition, the region boasts 42 golf courses in less than 100 milesand is generally recognized as a top golfing destination incontinental Europe and the world.

The Algarve has a longstanding reputation as a top summerdestination among European sun-seekers and as a top winter retreatfor those looking to escape Northern Europe’s coldest months.Health care is international-standard in this part of the world, andmedical tourism is a growing industry.

Cost Of Living In The Algarve

The Algarve, Portugal, is the best retirement option in WesternEurope for the retiree on a budget. The cost of living in Portugal isamong the lowest in Western Europe, on average 30% lower than in anyother country on the Continent. A retired couple could live inAlgarve comfortably but modestly on a budget of as little as 1,099euros per month. With a budget of 1,780 euros per month or more, youcould enjoy a fully appointed lifestyle in the heart of Old Europe.

Expats In The Algarve

Portugal’s Algarve is home to more than 100,000 resident foreignretirees. Algarve is a safe region, with very little crime and alaid-back lifestyle for expatriates. This destination caters equallyto families and retirees, due to the wide variety of cultural,nature-based, sporting, gastronomic, and other activities.

Because it has Europe’s best beaches, Europe’s best golfcourses, one of Europe’s friendliest folk, Portugal’s Algarve isthe chosen retirement destination for more than 100,000 residentexpatriates from around the world. Many retired expatriates becomeinvolved in local community or charity work, there is no shortage ofopportunities to contribute to society and make a real impact that will also help you integrate faster into local culture. Making friendsis easy, both with the locals and the expatriates.

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