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Why is Algarve considered the best place to retire and buy a home?

Algarve has earned its reputation as the ultimate retirement haven due to its excellent quality of life and favourable living conditions. For retirees looking to buy a home, this region offers a blend of affordability, comfort, and accessibility compared to other destinations. The low cost of living is complemented by stunning natural landscapes and a mild, sunny climate, making everyday life enjoyable. Healthcare services are highly rated, providing peace of mind for those who may require medical attention. Additionally, the area's crime rate is favourable, supported by measures such as increased summer police presence. A diverse range of properties are available here, from seaside villas to charming townhouses, catering to varied preferences and budgets. The Algarve boasts rich cultural offerings, comprising numerous festivals, delicious cuisine, and outdoor activities that keep residents engaged and entertained. Close proximity to airports ensures seamless travel, whether visiting family or touring around Europe. Moreover, the rental market is thriving, with potential for investment income through short-term rentals. Buyers can benefit from the established expatriate community, making it easy to integrate and forge new friendships. Understanding why Algarve stands out can inform your investment decisions as a retiree. Discover opportunities that align with your retirement visions by exploring properties in this desirable region. Contact us now to find your dream home in Algarve!

Wednesday, 09 August 2017 - Algarve
Why is Algarve considered the best place to retire and buy a home?

The Algarve again is number one in the ranking of the world's top ten retirement destinations.

Live and Invest Overseas analysed over a dozen criteria and decided that, for the fourth year in a row, the Algarve is the best place in the world in which to spend those golden retirement years.

The 2017 ranking of the ten best world destinations in which to retire, includes Lisbon in seventh place.

The Algarve scores well in access to healthcare, entertainment and recreational facilities, security - the website states that summertime police reinforcements reduces crime - as well as the cost of living and property prices.

Lisbon also scores well and is in seventh place with high scores for entertainment and nightlife, safety and an excellent gastronomy.

After the Algarve comes Valletta (Malta), Mazatlan (Mexico), Abruzzo (Italy), Saint-Chinian (France), Kuala Lumpur (Malaysia), Lisbon, Budapest, San Miguel de Allende (Mexico) and George Town (Malaysia).

Details about the ranking can be found on the Live and Invest Overseas website.

 

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