Updated: December 19, 2024

Looking to enjoy your well-deserved retirement in peace, to relax and unwind or do you want to do an assortment of activities to keep you on your toes? Well, either way, Portugal can certainly deliver.

There is a wide range of retirement communities in Portugal that offer the best of both worlds, where you can stay active, relax, and enjoy the best things in life – good company, delicious gastronomy, and hobbies that you may not have had enough time to enjoy – until now.

In this article, we’ll delve into the benefits of retiring in Portugal and the types of retirement communities that you’ll find in the county. We’ll also provide you with insights into how to secure residency and the top locations to consider.

Why Portugal is a Top Retirement Destination

Retiring in Portugal may sound like a dream. However, it may be easier than you would first assume, with an array of residency options, the welcoming nature of the Portuguese, large expat communities, and affordable cost of living making it relatively easy to retire here.

Below, we share a few reasons why more retirees and expats than ever before have their sights set on Portugal.

Quality of Life

Portugal’s high quality of life is one of the biggest pull factors for retirees looking for a safe, secure environment to retire to, where they will have access to excellent healthcare options, top amenities, and an array of activities to enjoy – from yoga to golf, tennis to water sports.

For those who prefer to relax on the beach, you’ll be spoilt for choice, with there being more than 520 beaches in the country.

The gastronomy of Portugal is also highly underrated, with a focus on fresh seafood and fresh fish, and home to some of the most delicious pastries in the world, such as the infamous pastel de nata, best enjoyed with a coffee. Portugal’s food scene can certainly hold its own against other cuisines such as Spain and France.

Global Citizen Solutions, our residency and citizenship partner, recently ranked Portugal in 6th position in their Quality of Life Index, with the country ranking very highly in sustainable development, freedom, environmental performance, happiness, and migrant acceptance.

Affordable living 

Compared to other Western European countries and the USA, Portugal is an affordable country to relocate to, with most things, from groceries to transportation reasonably priced. To provide you with an example, the cost of living in Portugal is, on average, 36 percent lower than in the USA, according to Numbeo. However, it’s worth bearing in mind that larger cities, particularly Lisbon, will have higher prices compared with other parts of the country.  

Excellent healthcare

Leading on nicely from Portugal’s affordable cost of living is Portugal’s healthcare. Public healthcare under the National Health Service (SNS) is completely free for those aged 65 and over. Plus, there are a wide array of private healthcare options that come at a fraction of the cost compared with the USA. The average cost of private healthcare insurance in Portugal will set you back around €400-€800 per year, while in the USA, this can reach thousands of US dollars.  

Is healthcare in Portugal good?

Healthcare in Portugal is largely excellent, and you’ll find most medical staff, particularly in private clinics, speak excellent English. Many retirement communities have on-staff medical professionals to ensure residents have complete access to the healthcare they require.  

Portugal ranks in 21st position in Numbeo’s 2024 Mid-Year Index. This takes into account an array of factors including skills, competency, and friendliness of staff, equipment for modern diagnosis and treatment, and speed in completing examinations, alongside other indicators.  

Types of Retirement Communities in Portugal

Retiring in Portugal may offer multiple benefits, but what are the types of retirement communities that you’ll come across? There are many different English speaking retirement communities in Portugal. Below, we outline some of the most common. 

  • Independent living: Ideal for retirees looking for autonomy, these communities provide maintenance free lifestyle and maintenance free housing, usually in independent living apartments or villas. Should you opt for this type of retirement community, usually you will have your own home but have access to shared amenities, such as a swimming pool, fitness center, and communal dining area, fostering an engaging social environment where you’ll easily be able to make friends.  
  • Assisted living: Assisted living homes provide additional support for daily activities, such as meal preparation, skilled nursing, housekeeping, and medication management. These options provide peace of mind for those who need a greater level of assistance compared to independent living. 
  • Continuing Care Retirement Communities (CCRCs): CCRCs provide an integrated approach, with independent living combined with assisted living and skilled nursing care. They also focus on continued care for residents, as their needs may change over time.  
  • Retirement villages: Those looking for shared amenities and a focus on community living should certainly consider retirement villages in Portugal. They often feature an array of wellness facilities and offer activities, where you’ll be able to keep your mind and body in the best shape. 
  • Specialized care: Those who require special care, for example, those with dementia or Alzheimer’s or who have chronic conditions, are well-catered in Portugal, with several luxury care homes in Portugal focused on assisting those who need more hands-on attention.  
  • Gated luxury resorts and communities: For retirees seeking exclusivity, luxury, and privacy, you will find a selection of gated communities in Portugal that provide high-end amenities, including spas, golf courses, gyms, and tennis courts. These residences are often situated in stunning corners of the country, with easy access to beautiful beaches.  

Top Retirement Locations in Portugal

Portugal is one of the most sought-after retirement destinations, but where are the top spots to consider? Below, we provide you with a brief overview of the stand-out choices. This list is by no means exhaustive, and you’ll find top spots not mentioned here, such as the Douro Valley in the north, Portugal’s Silver Coast, and off mainland Portugal on the autonomous islands of Madeira and the Azores.

Lisbon

Portugal’s stunning capital boasts a high quality of life and vibrant cultural scene and has seen expats from all walks of life relocate here to make the most of its rich history, modern amenities, and high quality of life. You will find a wide range of retirement options here, from retirement homes that offer 24/7 qualified medical assistance to those that prioritize autonomy and embrace the community lifestyle. 

The British Retirement Home is a good option in nearby Estoril on the Portuguese Riviera, which is perfectly located close to the beach and all the amenities you could want, while Life Plan Resorts, situated just a short drive from Lisbon city center, is another option where you’ll feel part of a thriving community. In this groundbreaking sanctuary, your health is prioritized, and you’ll be able to enjoy delicious food in the fine dining restaurant, 100+ activities, and a hotel for family visits.  

Algarve

With golden beaches, sublime climate, and excellent healthcare services, the Algarve is possibly one of the greatest places to retire to in Europe. Places such as the Monte da Palhagueira Village, which was voted the Best Overseas Retirement Destination, offer landscaped gardens, modern facilities, and an active community atmosphere for residents. This development is a retirement village, nursing home, and care home combined. 

Comporta

Comporta is home to the Cork Tree Residences, one of the very best luxury retirement sanctuaries in Europe. Here, you’ll be able to embrace a vibrant, elegant, and relaxed lifestyle, with access to world class amenities, while the residences also prioritize community living. If you are looking for a luxury retirement village, look no further than Cork Tree Residences. 

Porto

Porto, a charming city in Northern Portugal, is famous for Porto wine, which can be found across the globe, and its gorgeous riverside ambiance, where there are top restaurants lining the river. Porto presents a calmer side than Lisbon and is a very walkable city, where you can enjoy the many parks that pepper the city. This port city has transformed itself over the past decade or so and can certainly give Lisbon a run for its money as the most captivating city in Portugal. Bear in mind that, while you will be able to retire in peace, retirement options for English-speaking homes are not as extensive as in Lisbon or the Algarve.  

Want to find your own place in Portugal? Checkout our ultimate guide to discover your dream home

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Amenities and Services in Retirement Communities

While the range of amenities and services will vary depending on the retirement home you opt for – and you should certainly ask about what they provide – some of the common amenities and services that you’ll find in senior living communities are shown below.  

  • Recreational facilities: Many retirement homes in Portugal will have communal swimming pools, golf courses, tennis courts, and opportunities for water sports such as kayaking and sailing – or be located close to these recreational activities.  
  • Fitness and wellness programs: Many homes will have access to fitness centers, wellness and yoga classes, and a spa to support an active and healthy lifestyle. Some homes will also have a focus on rehabilitation services tailored to your specific needs. 
  • Gardens and outdoor spaces: From landscaped gardens to woodland with walking trails, many homes will have spacious gardens to be able to enjoy the mild climate of Portugal to the fullest. Many Portugal retirement communities will also be located close to stunning beaches, particularly those in the Algarve. 
  • Restaurants: Many retirement homes will have their own restaurants to be able to enjoy the delicious Portuguese cuisine, alongside international foods. Some of the more luxury homes will even have a fine dining restaurant to enjoy the very best of what Portugal has to offer. 
  • Cultural and social activities: Many retirement communities organize cultural events and social activities, fostering a sense of community.  
  • Healthcare services: Retirement homes and communities often feature on-site medical care, assisted living, and memory care facilities. Be sure to ask about the extent of healthcare provision in the retirement home you are interested in, including whether they have healthcare partners that come in on a set basis or have on-site healthcare professionals, and how they can cater to specific needs.  
  • Security and privacy: Many homes will have 24/7 security for safety and peace of mind. 

Practical Considerations for Retiring in Portugal

Below, we delve into some practical considerations about retiring in Portugal, such as the cost of living in Portugal and residency options for retirees relocating to Portugal.

Cost of living in Portugal 

Portugal’s affordable cost of living is a significant factor attracting many expats. From housing costs to groceries, expenses are generally lower when compared with other Western European countries and the United States.

For instance, private healthcare in Portugal is relatively inexpensive, with annual health insurance costs typically ranging from €400 to €800. In contrast, premiums in the US can amount to several thousand dollars per year.

Residency and visa requirements

Portugal offers a wide range of residency options for retirees considering a move to the country. For EU citizens, the process is straightforward. If you are an EU/EEA or Swiss national, you simply need to get a registration certificate from your local town hall if planning to stay for more than three months.  

For non-EU citizens, there are several pathways to retire in Portugal. The Portugal D7 Visa, often called the retirement or passive income visa, is a popular choice. This visa requires proof of sufficient passive income—such as pensions—of at least €820 per month to support your lifestyle in Portugal. 

Another option is the Portugal Golden Visa. The Portugal Golden Visa program grants residency through a significant investment in the country. 

Portugal: Something of a Paradise for Retirees

As you can see, Portugal holds all the cards when it comes to retiring in peace and in style.

From independent living to assisted living options, the choice really is up to you to decide what is best for your personal situation.  

Should you be looking to move to your own property, there are also stunning properties up and down the country, whether you are looking for a charming countryside villa or a swish beach house to enjoy your retirement to the fullest.  

Portugal is blessed with a high quality of life, highlighted by its exceptional gastronomy, sublime weather, and abundance of activities to get involved in. Should you pay Portugal a visit, we’re sure you’ll ask yourself, at least once, why don’t I move here?  

Goldcrest: How We Can Help You 

Goldcrest is a buyer’s agent that is based in Lisbon. We provide expert, impartial advice on real estate investments and how to buy property in Portugal. From scouting out the perfect property through to property acquisition, we have you covered throughout the process.

If you are looking to purchase property in Portugal, don’t hesitate to get in touch. Our team of skilled experts is available to solve all your real estate doubts, helping you with the property search and offering insightful expertise and strategic advice.

Why choose Goldcrest?

  • Local knowledge: With offices located across Portugal, our presence nationwide allows us to assist you personally across the country.
  • Independent service: As an independent buying agent, we do not represent any development or project. Our service is entirely tailored toward each individual client, providing you with everything you need to secure the perfect property at the best possible price. As an impartial advisor on the market, we work solely on behalf of our client and provide a service tailored to your needs and requirements.
  • Streamlined process: Our real estate agents speak English and Portuguese, and our service is completely focused on providing you with a hassle-free buying experience, saving you time.
  • Experienced team: Our expert real estate team has a vast local knowledge of the Portuguese property market. We have cutting-edge technology and metasearch tools at your disposal to provide full market coverage, ensuring the best investment choices and negotiated prices.
  • Network of partners: We have a close network of partners, including lawyers, property management services, builders, architects, designers, and landscape gardeners, again saving you time and hassle by providing you with trusted experts in their field of work.

Frequently Asked Questions about Retirement Communities in Portugal

Portugal offers a mild climate, affordable living, quality healthcare, and safety- ranking as the seventh safest country in the world in the 2024 Global Peace Index. Its rich culture, stunning landscapes, and welcoming locals attract retirees worldwide. Additionally, the country provides favorable visa options, making it easy to relocate, plus there are a wide array of expat retirement communities in Portugal.

The cost of living for retirees in Portugal varies but is generally affordable. A comfortable lifestyle typically costs €1,400–€2,400 per month, depending on the location and lifestyle. Expenses like housing rent, groceries, and healthcare are significantly lower than in many Western European countries.

Popular retirement destinations include Lisbon for urban living, Porto for charm and culture, and Coimbra for affordability and history. The Algarve stands out for its beaches and expat community, while towns like Cascais offer a mix of luxury living, historic charm, and tranquility. It can also be a good idea to search for specific retirement homes.

A quick online search for “retirement communities Portugal”, “luxury retirement housing Portugal” or “luxury senior housing Portugal” will provide you with many options, and then you can learn more about the city or location the community is located and if it could be a good fit for you.

Yes, retiring in Portugal on a $30,000 annual budget is feasible, especially in smaller towns or less touristy areas. Careful planning for housing, other healthcare costs, and daily expenses ensures a comfortable lifestyle within this budget.

Portugal offers high-quality healthcare through its public system (SNS) and private healthcare providers, which are very reasonably priced compared with other Western European countries and the USA. English is widely spoken in the healthcare sector in Portugal, with the advantage of private healthcare being able to access qualified medical assistance more quickly.

Non-EU nationals must obtain a residency visa to move to Portugal. Two popular options are the D7 Visa (Portugal retirement visa) and the Golden Visa. The D7 Visa requires proof of sufficient income (€820 monthly), while the Golden Visa involves a minimum investment of €250,000 in Portugal.

Retirement hotspots in Portugal offer modern amenities, including historic architecture, vibrant social scenes, cultural activities, top-notch dining, and leisure options like tennis, yoga, golf, and water sports. 

The Algarve is one of the best retirement spots in Europe due to its sunny weather, beautiful beaches, affordable living, and active expat community. The region also offers excellent healthcare facilities and golf courses, and many excellent Algarve Portugal retirement communities. Retirement communities in Algarve Portugal provide an array of activities, high standards of care, and where you can easily meet fellow expats. Be sure to explore your options thoroughly before deciding on a retirement home.  

The process of buying property in Portugal is the following: 

  1. Obtain a Portuguese fiscal number (NIF). 
  2. Identify and inspect potential properties with the help of a real estate professional.  
  3. Hire a lawyer to conduct due diligence. 
  4. Sign a promissory contract and pay a deposit. 
  5. Finalize the purchase by signing the Final Deed in front of a Notary.  

We highly recommend working with a real estate professional, such as a buyer’s agent, to assist you with the purchase. Buying property in Portugal can be a profitable venture, with capital appreciation and strong interest rates for both short and long term rentals.  

Yes, Portugal has retirement and senior living communities offering tailored amenities for seniors, such as social activities, healthcare access, and assisted living options. Senior living communities are found in popular regions like the Algarve and Lisbon, catering to both locals and expats seeking a supportive retirement environment.

While there are not exclusive American retirement communities in Portugal, many areas, such as the Algarve and Cascais, have significant American expat populations.