With its relaxed lifestyle, pleasant climate and still-affordable cost of living, Portugal is attracting more and more foreign retirees. Here are five towns worth considering for retirement in Portugal, away from the hustle and bustle of the major cities.
Choosing where to retire in Portugal is not simply about finding sunshine or lower prices. Access to healthcare, transport links, pace of life and the type of community you wish to join are all important factors to consider, as highlighted by the website Travel + Leisure, which has ranked the best Portuguese destinations for retirees.
Setúbal: Retirement by the Atlantic near Lisbon
Located around 45 minutes south of Lisbon, Setúbal is one of the best places to retire in Portugal, particularly for those who want to remain close to the capital without dealing with its hectic pace. This authentic port town offers a lifestyle that is both practical and lively, with a strong connection to the sea.
Its markets, museums, local atmosphere and excellent food scene — especially seafood and fresh fish — make it a highly popular destination. Setúbal also provides easy access to some of the country’s finest beaches, while still maintaining a genuine neighbourhood feel.
Aveiro: A peaceful and well-connected town
Aveiro is often nicknamed the 'Venice of Portugal' thanks to its canals and colourful boats. Yet beyond its architectural charm, the town offers many advantages for retirees.
Life here moves at a gentler pace than in Lisbon or Porto, while still being well connected to the rest of the country by rail. Aveiro appeals thanks to its pleasant town centre, walkable everyday lifestyle, generally more affordable prices than the major cities and its calm atmosphere. For anyone seeking a retirement in Portugal that combines comfort, culture and tranquillity, it is a very strong option.
Coimbra: The ideal city for a cultural retirement
Coimbra is particularly well suited to retirees looking for a rich intellectual and cultural life. Formerly the country’s capital, it is home to one of Europe’s oldest universities, around which numerous events and activities take place throughout the year.
The city also offers a major advantage for older residents: highly regarded medical facilities, including a large hospital and research centre. Coimbra therefore combines heritage, cultural life, healthcare services and a lower cost of living than Portugal’s more tourist-heavy areas.
Carvoeiro: Algarve Charm in Village Form
For those dreaming of retiring in sunny Portugal, Carvoeiro is an appealing alternative to the Algarve’s better-known resorts. This small coastal town is surrounded by spectacular cliffs, beaches and golf courses.
Its exceptionally sunny climate — with around 300 days of sunshine each year — attracts many foreign retirees. English is widely spoken, which makes settling in and handling day-to-day tasks much easier. Although property prices are higher than in inland areas, Carvoeiro remains attractive compared with other European seaside destinations.
Cascais: An upscale retirement between sea and capital
Cascais remains a reliable choice for retirees with a more comfortable budget. Located very close to Lisbon, this seaside town combines coastal promenades, shops, restaurants, nature and quick access to the capital’s services.
It offers an elegant residential setting while remaining close to hospitals, the international airport and Lisbon’s cultural attractions. Cascais is particularly suited to those who want a retirement in Portugal without giving up urban comforts, safety and high-quality infrastructure.
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