5 Best Places to Retire in Portugal

4. Madeira

Insider Monkey Score: 8

Madeira, one of the best island destinations in Europe, is blessed with lush forests, dramatic cliffs, and picturesque coastal scenery. The Laurissilva Forest, in particular, is a UNESCO World Heritage site, offering retirees the chance to enjoy recreational opportunities such as hiking and nature exploration. Madeira wine, a fortified wine in Madiera, is renowned here. Temperatures on the island are mild and temperate. Moreover, healthcare facilities are top-notch and meet international standards. An individual retiree can expect to live well under $2,000 per month.