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Home Countries Europe

5 Undiscovered Places To Retire In Europe

5 Best Places To Retire In Europe

Kathleen Peddicord by Kathleen Peddicord
Nov 15, 2022
in Europe
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Town square and Saint Poul Cathedral in Mdina village of Malta in Europe

Adobe Stock/cristianbalate

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As we’re discussing with the record-setting crowd online with us for this week’s Live And Invest In Europe Virtual Conference, the cost of living in Europe can be far lower than you might imagine.

One key is avoiding the tourist traps.

Indeed, I know dozens of places that look and feel like better-known and far pricier locations across the Continent.

These places haven’t yet been “discovered” (thankfully). Their names aren’t as familiar as their celebrity equivalents… meaning the cost of living is local.

Dare to feed your dreams—and plans—with these five under-the-radar jewels… all being featured during this week’s special event.

1. Cyprus: Aphrodite’s Birth Place

Sunrise over the Mediterranean sea in Cyprus
Adobe Stock/Grispb

While tourism hikes up prices in Santorini, our top alternative, Cyprus, boasts the best bang for your buck in the Mediterranean…

An ancient island with 10,000 years of history, an entire town here is recognized as a UNESCO World Heritage Site.

For much less money than in the usual Mediterranean destinations, you’ll get the same breathtaking coasts and fascinating museums, plus impressive mountain views and vast forests to explore. This is an outdoorsman’s treat…

And, with more than 300 sunny days a year, you’ll be able to spend as much time as you want enjoying Mother Nature’s best.

You’ll also be pleased to learn that this is one of the safest places in the world. Plus, it was all once under British rule… so most of the locals speak English.

2. Malta: Irresistible Charm And A Colorful And Fascinating Past

Church of Our lady of Lourdes in Mgarr, Gozo, Malta
Adobe Stock/dudlajzov

Another of our under-the-radar island choices, Malta boasts bright-blue waters and crashing waves in an intimate setting that qualifies as jaw-dropping.

From prehistoric tribes to the Knights Templar, it’s a place that never stopped laughing and shaking its fist at adversity…

But instead danced, sang, and told lively stories about it.

In this little-known haven of history, culture, and dramatic landscapes and seascapes, it’s the welcoming people and relaxing and fun-loving way of life that can’t help but capture your heart…

The fact that English is the official language is simply the cherry on top.

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3. France: A Pre-Roman Walled City, Vineyards, And 300+ Days Of Sun

Menton, France
Adobe Stock/stifos

In western France, our alternative to Provence offers you joie de vivre for less than US$1,500 a month…

As legend has it, a very wise woman once saved a lovely and history-rich city here from a tribe holding it under siege.

With the help of the other starving inhabitants, she fattened a pig with the city’s last scraps of food, threw it over the walls, and thereby convinced the attackers the siege was in vain.

Today, fresh food and local wine are abundant—thanks to the area’s great weather, which also makes it inviting to spend lots of time outdoors.
What’s more, it’s only a short drive to seaside pleasures, mountain skiing, and urban cultural attractions.

4. Italy: Medieval Hill Villages, Endless Golden Beaches, And Thermal Spas

Cefalu is city in Italian Metropolitan City of Palermo located on Tyrrhenian coast of Sicily, Italy
Adobe Stock/gorZh

Our choice in Italy will cost you nearly half of what you’d pay in Tuscany.

Picture it… tranquil living, only a couple of hours from Rome…

Women in pinafores chatter and laugh in chairs drawn into a circle near the village square. They string and braid onions into long strands. Scarlet peppers hang from balconies, while boys play soccer in the street below. Shoppers fill mesh bags at open-air markets.

And it’s only a short drive to hiking trails, wildflower fields, thermal spas, and the best city beaches in Europe.

With its tall mountain range and sandy coast so close to each other, you could go snow skiing and surfing in the same day.

Choosing your corner of this paradise is the only “dilemma”… views of hillside terraces, mountains, medieval cities, or sea views… or all at once!

5. Greece: Mediterranean Island Living At Its Best

Loutro in Crete, Greece
iStock/Delpixart

Even in a famous place like Greece, you can find the right bargains if you know the right islands…

On one of our favorite islands anywhere, the green landscape is nearly as brilliant as the surrounding blue waters of the Mediterranean.

It’s hilly here, with rocky cliffs that drop down onto some of the most dramatic coasts you’ve ever seen…

Along with its unrivaled scenery, this place is famous for its authenticity and maintaining its village way of life—they don’t cater to tourists here like other parts.

Because of this, here you’ll find some of the best restaurants and also some of the friendliest people. Our contact on the ground here tells us, “The response to any question or favor I’ve asked has been either ‘Why not!?’ or ‘No problem!’”

Sincerely,
Kathleen Peddicord signature
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Tags: 'France''Italy'cyprusGreecelife in europelive in europeMaltaretire in europe
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, CNN, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her Best-Seller book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Her latest book is "At Home At Los Islotes," where Kathleen shares her life's adventure in Panama.

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