5 Best Places to Retire in Europe

4. Algarve, Portugal

Insider Monkey Score: 4 

Expats seeking an escape from the colder climates often find themselves seeking solace in Algarve, Portugal. Stunning natural beauty, affordable costs of living, and a mild Mediterranean climate make the city one of the best places to retire in Europe. Other factors that lure retirees are its sun-soaked beaches, delectable cuisine, and spectacular architecture. Retirees can find plenty to do on the 100-mile Atlantic shoreline, choose to go on a river cruise from Portimão to Silves or indulge in a game of golf. According to International Living, a couple living in Algarve can retire at $2,735 to $3,735.