The Algarve offers a unique lifestyle at optimal costs
The Algarve has the best climate in Europe, good connectivity and a full set of services. With a good business climate and living costs being relatively low in comparison to other European countries, IT companies and talent alike have the potential to grow or start operating here.
What about rethinking that busy city you may live in and downsizing?
The Algarve is one of the most affordable & cosy destination to live of Western Europe, it can bring you life-enhancing.
The region offers the perfect mix of small village and human face cities in varying budgets. For example, Faro and Portimao offer human face city experiences with events, culture, restaurants all year round, while Sagres or Lagos are more laid-back with their surf cool vibe.
According to Forbes article 2021 , Portugal and the Algarve is the number 5th in the world with the best cost of living & lifestyle balance to move :
Extract from the article :
“Why Portugal ? : “It’s no wonder that Portugal has topped the charts for the best places to retire through the years,” says International Living correspondent Terry Coles. “This tiny country in the southwest corner of Europe has something for everyone. Vibrant cities, miles of golden sandy beaches, green rolling hills, some of the best healthcare in the world, low cost of living and safety.”
Where to Move: Looking to live without a car? For a city full of old-world charm, check out Lisbon or head north to visit Portugal’s second-largest city, Porto. Alentejo is the largest and most rural region of the country, with fields of wildflowers, historic towns and a sparse population; check out the cities of Beja and Évora. “Life here is slow, winters are cool, and summers are hot and dry,” says Coles. Another great place to consider: the Algarve, known for its Atlantic beaches, fishing villages and hot, dry summers. English is widely spoken.
The Cost: Although it depends on many factors, you can live on about one-third less than America. That’s starting at around $2,020 for a single person, while a couple can live comfortably, but not lavishly, starting on $2,500 per month. If you want to live in Lisbon, Porto, Cascais or the Algarve, bump that number up to $3,000. Coles says that she and her husband used to rent a fully furnished, three-bedroom home one hour north of Lisbon near the city of Caldas da Rainha for just $400 per month. Now they rent a two-bedroom condominium in a gated complex with a pool for $1,030 per month in Vilamoura, an unincorporated area near the city of Quarteira.”
Not convinced yet about the location?
The Algarve has one of the best connections with European major cities from Faro airport ! It is referred to as the Top 60 of Europe, with daily connections to London, Paris, Amsterdam, Berlin.
If you are missing big cities or just need to go for work , you are approximately 2,5 hours train or drive from Lisbon and Seville !
Need a snow shot ?
Grenada & Sierra Nevada ski station, a mere 5 hour drive in Spain.
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