The Algarve has been a coveted destination for international buyers for years as it offers a relaxed lifestyle, boasts 320 days of sun each year and is plentiful in beaches.
In fact, Portugal was named by international Living as the ‘top country to retire to in 2023.’
In addition to this, a recent survey from Portugal Property Guides revealed that 61% of those looking to buy property in Portugal plan to use the property as somewhere to retire to.
Whether you’re already retired, semi-retired or still have a few years to go, it’s never too early to consider Portugal’s Algarve region as a retirement destination. Here, we’ve put together five things that make the Algarve so appealing to retirees…
1. Variety of homes available
Perhaps you’d like a gorgeous, colourful village home?
There is a broad selection of properties for sale in the Algarve. From beachfront apartments to duplex condos and coastal villas, there truly is something for everyone in the southern region.
Further inland, active retirees might favour resort-style living on a championship golf course and enjoy access to the Club’s on-site facilities. While retirees looking to slow down and enjoy the Algarve’s relaxing lifestyle might prefer a village home within walking distance of all amenities and the beach.
Why not browse homes in the Algarve today?
2. The cost-of-living is low
Portugal has a relatively low cost of living compared to the UK and its neighbouring countries. There are certain luxuries, such as wine and coffee, that are much more affordable in the Algarve, and meals out can prove entirely inexpensive. Obviously touristy areas hike the prices up for visitors, but you’ll soon find out where to find the best prices – local markets are especially great for fresh produce.
In Your Overseas Home’s 2023 Cost of Living Index, Portugal proved to be one of the least expensive countries surveyed for hobbies, leisure and utilities.
3. World-class amenities
Spend your days playing golf in the sun!
When you’re retired, what do you plan to do with your time? If you’re the sporty type, perhaps one of the Algarve’s world-class golf resorts might tickle your fancy?
The region has a range of sports facilities, shopping malls, bars and restaurants that are relatively modern, providing a range of activities for you to enjoy during your down time.
4. An established community
Portugal deserves the title as the best place to retire. With over 100,000 retirees in the Algarve alone, there’s an established community of likeminded expats from all over the world who have come to Southern Portugal to enjoy the weather, facilities and relaxed lifestyle.
5. It’s easy to integrate
Due to being so popular with tourists, many locals in the Algarve speak English. Plus, the settled retirement community will help ease your integration into life in Portugal – especially in popular expat towns such as Alvor, Portimao and Barlavento.
While lots of Algarve natives do speak some English, your attempts to speak Portuguese won’t go unnoticed. The Algarve is known for its welcoming culture and those who put in the effort to learn the language are heartily welcomed into the community and may lead to a greater appreciation of the local culture.
Plus, for guidance on finding your dream home, download our handy Buying in Portugal guide today.
Finally, if you are selling a home, click here to register it with us.
