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Algarve named “best place in the world to retire” for second year

For the second year running, the Algarve has been named the “best place in the world to retire to” by Live and Invest Overseas.

“It boasts a low cost of living, great weather, an established expat community and a new retiree residency program,” writes Kathleen Peddicord, the website’s publisher, cited by Forbes magazine.

The travel expert stresses how a one-bedroom apartment near the beach can cost $100,000 (around €90,000) and that “you can get by speaking English only”.

Read more on Portugal Resident here