logo

Plan The Perfect Retirement In One of These Affordable European Destinations

author
Jul 30, 2020
08:57 A.M.
Share this pen
FacebookFacebookTwitterTwitterLinkedInLinkedInEmailEmail

You’ve dreamt of retiring in one of Europe’s grand old cities, but find it difficult to narrow down the options. You also worry about the cost of living, and whether you can afford to retire somewhere with good health care in your golden years.

Advertisement

You want good entertainment and a place with gastronomical delights. Recreation is also vital for your retirement be it sunning at the beach or playing golf. The list goes on and on. Here are 5 European destinations that will appeal to retirees on a budget:

Malta

Shutterstock

Shutterstock

Malta is a tourist paradise, but more people are starting to see this Mediterranean island nation’s retirement value. It has something for everyone: coastal trails, ancient walled cities, and quaint restaurants. The top three reasons retirees give for relocating to Malta are the sun, sea, and a welcoming English-speaking local population.

Advertisement

Malta is affordable and offers a Global Residence Program for non-EU citizens. It offers excellent health care and has a low crime rate, and Valletta is the warmest capital in Europe.

Italy

Shutterstock

Shutterstock

The gorgeous scenery will make you want to live in Italy forever: alpine lakes, dramatic coasts, and undulating hills. Another drawcard is the relaxed lifestyle and good food.

Italy has a fairly mild Mediterranean climate. The winters are cooler in the Alps and milder in Sicily. You have a choice of the seaside or mountains, modern cities or ancient hill towns.

Advertisement

Affordable accommodation is available if you look beyond the tourist destinations. The cost of living is relatively standard throughout Italy. Good health care is possible.

Portugal

Shutterstock

Shutterstock

Portugal is one of the safest places to live according to the Global Peace Index”s ranking. Add to this its quality health care, warm climate, and sandy beaches, and you have an excellent destination to live out your golden years.

Advertisement

The country has introduced the Golden Visa program, granting retirees, who earn a minimum of 1,200 euros, residency. It also introduced some tax incentives for ex-pats.

While Lisbon is a bit pricey, Algarve is cheaper and boasts 100 miles of coastline, making it popular to retirees. You can enjoy the continental lifestyle at a fraction of what it would cost in France.

Croatia

Shutterstock

Shutterstock

Perched on the Adriatic Sea's blue waters, you will be spoilt for choice between the mainland or its islands, which experience a Mediterranean climate: hot, dry summers and cool, rainy winters. Its beaches and walled towns are famous, with The Game of Thrones featuring many of its landscapes.

Advertisement

The Istria region is reminiscent of Tuscany and offers hilltop towns with a Mediterranean flair. It is known for its seafood, olive oil, and truffles. It offers a peaceful retirement, and real estate is affordable in this region.

Split, in the Dalmatia region, is Croatia’s second-largest city. It has a large hospital and university and also a thriving ex-pat community. The cost of living is higher in Split, so you may want to look at accommodation in nearby towns instead.

Greece

Shutterstock

Shutterstock

Advertisement

If you are looking for sunshine, local culture, and delicious food, look no further than Greece. It boasts hot summers and mild winters. Greece has excellent health services.

The Hellenic Republic, as Greece is officially known, has many remote areas and sparsely populated islands where accommodation is affordable. According to Investopedia.com, “Greece is one of the more affordable countries in Europe to select as a retirement destination.” Retirees can get a residency permit with proof that they earn 2,000 euros.

Please get expert advice before packing your bags.

Advertisement
Advertisement
Related posts

5 Funeral Dresses under $50 Suitable as Mourning Attire

October 30, 2023

Are Claw Clips Bad for Your Hair? Exploring the Benefits & Easy Hairstyles

August 03, 2023

Aloe Vera Skincare: Harnessing the Power of Nature for Healthy Skin

August 25, 2023

Type 2B Hair: How to Identify & Style This Wavy Hair Type

October 02, 2023

Lip Flip: The Benefits of the Procedure & the before and after Results

September 28, 2023

First Date Tips to Help Leave a Pleasant Impression

September 13, 2023

Trendy Preppy Hairstyle Ideas for Everyone

August 26, 2023

Y2K Nails: Easy Designs for Everyone to Rock the Retro Vibe

August 14, 2023

How to Store Makeup Brushes and Clean Them Effectively

July 20, 2023

10 Flared Leggings Types for Comfort - Styling Tips Included

October 12, 2023

Pearl Nails: Transform Your Nails into Pearlescent Masterpieces

September 07, 2023

Hip Bone Piercing: Essential Aftercare Tips to Prevent Post-procedure Complications

July 10, 2023

Fulani Braids & Different Ways to Style Them

October 05, 2023

How to Make Eyeliner Out of Eyeshadow: 8 Life Hacks for a Vibrant & Lasting Finish

September 18, 2023