4 Reasons Why You Should Retire In Algarve

Algarve in Portugal is one of the most beautiful places in Europe and a great place to settle down post-retirement. If you are wondering whether you should look at property for sale in Algarve or not, here are some reasons that will help you to make up your mind.

Beautiful climate all year through

When we retire, we just want to relax as we have earned it! And what best place to do so but Algarve where the weather is pleasant all year through. The sun is out 300 days a year and it is not too hot even during the peak summer days. Add to the pleasant weather of the Mediterranean sea and what you have is the perfect place to relax all year through.

High quality of life

One of the safest countries in the European Union, Portugal is home to many expats especially retired expats. The people are courteous and welcoming in nature and deep-rooted in traditional family values. The food is also amazing, not only tasty but also very healthy. The products are often locally sourced which means they are the freshest. And it has been scientifically proven that the Mediterranean diet is one of the healthiest diets in the world with emphasis on fish, olives, and fruits. So, eat to your heart’s content when living in Algarve.But food is not the only criterion for a good life. 

No matter how much you love solitude and quiet life, there will be times when you will miss your countrymen. And Algarve will not let you down in this regard; there are many expats from all leading Western countries like the UK, the USA, France, and others who have their own group to enjoy life here.

From golf to hobby classes, you will find friends from your country and others to enjoy your retired life with. In fact, golf is a big attraction for retired people here as there are about 30 golf courses of varied difficulties to play in.

The golf courses overlook the stunning coastline and offer an excellent playing area. If birdwatching is your thing, then Algarve has you covered; just walk around the countryside to find beautiful native birds. Lastly, the beaches which are one of the best in the world.

Good healthcare

One concern retired expats often have is regarding the healthcare system of the country they are settling in. In this regard also Portugal wins because their national healthcare system is one of the best in the EU offering low-cost medical assistance. Then there are also world-class private hospitals and nursing homes to choose from. If you are not interested in living alone, then there are assisted senior citizen living facilities that offer both long-term and short-term stays.

Tax breaks

Resident foreign retire in Portugal pays only a flat tax of 10% if they draw their pension in Portugal. Furthermore, the income tax paid is also low. Given that cost of living is not that high, you can save a lot if you live in Portugal. Even the real estate market in Algarve offers good returns; you can find all kinds of propertyfor sale in Algarve starting from rustic farms to city condos.

So, these are some of the reasons why you should seriously consider Algarve in Portugal as your retirement base.