5 Best Places to Retire in Portugal
Summary: Expat retirees love Portugal for its welcoming people, gorgeous beaches, quaint towns and wonderful restaurants. In this article, we cover 5 great places to retire in Portugal.
1) Cascais, Portugal
"We came to Portugal last year for 2 weeks. We explored two areas only: first, the Algarve and next, Lisboa. These selections were based on weather, as we didn't want the colder weather in the North of Portugal. The Algarve is dead in winter, congested in summer, and just stuffed with Brits. The Lisboa area was delightful but we were sold when we took a train from Lisboa to Cascais. This is ideal: generally reliably nice weather, pristine beaches, restaurants all over the narrow streets and squares as well as along the pedestrian esplanade along the ocean. An easy train ride into Lisbon any time you want more culture or diversions, while plenty of museums, shows and parks in the Estoril/Cascais area. IDEAL! Housing costs are lower here, but we're comparing a mortgage on a million-dollar plus condo in the US to rent on a 2 bedroom apartment with ancient appliances. It is easy to find a clean, modern, 2 bed/2 bath apartment with new appliances in the upscale, coastal Estoril/Cascias area for less than $2200/month if one works with a local realtor, and can cut those costs in about half in the smaller towns and villages inland. Utilities per month can add about $100. Internet service is about $30. On average, this feels like one can get a bit more with less, but Portugal's Lisboa coast isn't a low cost choice. South and North and inland are less costly," said one expat living in Cascais.
"We are urban people, too, and chose Cascais for right now because we want the beach and ocean. We take the train directly from Cascais into Lisbon (30-40 mins each way) almost weekly, just for lunch or the day; to meet friends or go to a museum; to get into a busier scene. We walk out our door in Cascais, within minutes we're at a cafe, restaurant, museum; we have no car, using buses or renting a car for longer trips. Groceries can be delivered right to our kitchen, so we shop and have them delivered later in the day," explained an expat in Cascais.
"I'm retired in one of the most gorgeous locations in Europe, of course I've increased my eating and drinking...but I've also vastly increased my beautiful seaside walking, biking, and hiking," commented one expat in Cascais. He went on to describe what he likes most about the culture in Cascais, "[I like the] kind, helpful and genuinely friendly Portuguese people. The beautiful and, mainly, pristine beaches, forests, villages, towns, rivers and ocean."
Beautiful Beach in Estoril in Cascais Municipality
"Say Yes to Portugal! The Portuguese are known for their interest in and welcoming attitude towards all peoples; this is one place where discrimination is rarely seen and people will love you for your smile and interest in their country. The most expensive urban area is Lisbon up to Cascais; less expensive urban area is Porto. Better weather in the Lisbon/Cascais corridor yet both offer gorgeous beaches, in-town living with short walks to all services and restaurants, and great public transit. The quaint residential areas are all over the place, where you can live in a village and walk to the stores and cafes. You truly must come here to explore it for yourself. Most people spend a couple weeks or a month at a base location and then visit areas to get a sense for them," advised one expat in Portugal. Here are 5 of the best places to live in Portugal according to expats on Expat Exchange:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
First Published: Nov 04, 2014
SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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