I think it's worth mentioning that some places are cheap for a reason - such as organized crime influence. It's strongly recommended that if you're considering buying a retirement property anywhere, that you rent in the area first for at least a year to get a feel for the place in all seasons.
The crime index is very debatable, because drugs go through some countries, but in those countries there is no street crime and degradation like in those big countries that are said to be organized and at a high democratic and anti-corruption level, and in them the distribution of those same drugs and other vices flourishes unhindered.
Happily, my wife and I bought our retirement holiday home in number 12 when we were 25. Three years later we decided to move there all year. We're sitting in the same house now, watching this video, 37 years after buying it. Best decision we ever made. 👍🇨🇵👍.
@@andrewrobinson2565 what do you guys do for a living, if you don't mind me asking? quite a young age to move there! also congrats on the happy marriage :)
@@FacelessNomadTH-cam My wife is an Alzheimer's nurse and I'm a retired Middle East guide book writer, professional musician, real estate salesman and English teacher (jack of all trades and master of none 🤔). 👍🤣
Thank you. I’m leaving Italy because of the bureaucracy and the high taxes for expats. It would be nice to add which of these “cheap” options tax or don’t tax. That’s a big consideration
Italian taxation is very progressive, so unless you want to pay no tax at all, which is very morally dubious, there’s little benefit to be had by leaving.
It’s much more advantageous to move around and rent, chasing good weather rather than be stuck with one location just because you bought and can’t afford to move . That’s a bad feeling to buy and realize you don’t like your location or neighbors.
Or you can visit many places and then decide where you want to settle down. Most people can only travel for so long and then you need to slow down or stop.
Southern and south east spain in my opinion is the best place to live simply due to the fact that esp in winter it has the calmest and mildest climate, this is due to it been close to africa, its also sheltered by the sierra navada mountains but also due to been the western med so the milder seas and winds from the carribean cross the atlantic as world weather generally blows west to east. The eastern med though can sometimes suffer in winter from the baltics
The Croatian coast is beautiful, but most of its beaches are pebbly and the Adriatic can be a little chilly in spots. The Saronic Gulf islands in Greece, very close to Athens, are very affordable and beautiful places to retire: Agistri, Aegina, Hydra, Poros.
Crete is lovely but make sure you get a deed and a lawyer bench front out of the city’s is cheaper and slightly inland is good price wise but remember they have earthquakes so be careful if buying older property in the mountain areas
Earthquakes occur everywhere in the Mediterranian, not just in Crete. If the buildings are sturdily constructed, this is not a problem and Greece is a leader in this regard
Translated, I think: “Crete is lovely, but make sure you get a deed and a lawyer. Beachfront out of the city is cheaper, and slightly inland is a good price. Remember, however, that the area has earthquakes, so be careful if you are buying property in mountainous areas.” Spelling and punctuation, as well as a quick proofreading can eliminate misunderstandings. If it doesn’t make sense to the writer, it won’t make sense to the reader. I read this over and over, and came up with this as the message of clarity.
You have not mentioned Bulgaria, I cannot understand why Bulgaria has not been highlighted as one of the best places to retire, it has so much to offer and cheaper to live and buy property than all the other countries you have mentioned, I live in Bulgaria and never looked back.i can live on £600 per month for everything including fuel costs etc.very cheap country to live in and the people are wonderful, Bulgaria never gets a mention with any airline operators or adverts on tv etc,it has so much to offer its about time Bulgaria was put on the map.
I'm sorry to tell you that retirees from rich countries are often only welcomed by real estate agents. These retirees are often willing to pay prices that no local can afford, thereby destroying market prices.
Every time a 'rich retiree' buys a property, somebody local has sold it to him at an inflated price. Real Estate agents don't own the properties, they only sell them. So, if lots of locals make lots of money selling up to rich foreigners, they should not complain that property prices are increasing.
Wow, these places look amazing! Retirement on the Mediterranean sounds like a dream come true... if I can afford to retire first! 😅 Guess I'll be sticking to my budget-friendly backyard for now.
Can you rent for short periods of time like three months or six months? Is it wise to use a online service or just work through locals? I’m talking Spain and Italy particularly
Retiring on the Mediterranean on a budget? Sounds like a dream come true! Just make sure your retirement plan includes sunscreen and a good supply of olives. Who needs a yacht when you've got a bargain beachfront view?🌞🌞🌞
By 1991 the price had risen to £19,000 for a 1 bedroom, ground floor flat with covered parking and a shared swimming pool in Ayia Napa. Still a good buy.
The concept of affordability in retirement destinations can vary greatly. While some advocate for budget-friendly options, others argue it may compromise quality of life or cultural experiences.What's your perspective?
I am older man. I lived in Europe long ago when I was younger and barely had a dollar to my name for up to 10 years. These are expensive Euro countries. I can't throw money down the toilet. The magic of Europe no longer exists. I don't agree with this video.
And of course-- How about Lebanon?? How about Tunisia? Algeria? Morocco? Aren't they "Mediterranean"? Aren't they Cheap? And way cheaper than all the places mentioned here? I wouldn't consider living in any one of them of course, but technically they fit right in the title of "Cheapest Places to Retire on the Mediterranean", the cheapest, and still Mediterranean... Just Saying...
OK, it's a list where monthly expenses and real estate pricing are cheaper and more affordable, while still having a nice scenery, maybe a beach front, and a nice coffee at the local cafe. But is this all in life? Is this what determines a quality living for a retiree couple? I can't help but feel some sorrow for the American folks (probably the destination pitch market, and who gave 3K likes to this pitch) who will need to move to one of this places, far away from family, from grandkids, not understanding the local language, can't produce local social ties, not even been able to read the newspaper, not having their possessions and stuff with them, with long travels to the US to see any family, and with a need to produce legal papers for the sake of some local healthcare--- all for what- a cheap house and a nice scenery? How about that Turkish "Riviera"? Living in an unstable Muslim country, and no chance to master that strange language? Well, not my dream of a perfect retirement... Quality of life is measured by many parameters, none of which were discussed here...
@@bndiasfilho The Algarve is not part of the Mediterranean that begins at Gibraltar, and its climate is very much influenced by the Atlantic Ocean, which brings more cold winds.
I think it's worth mentioning that some places are cheap for a reason - such as organized crime influence. It's strongly recommended that if you're considering buying a retirement property anywhere, that you rent in the area first for at least a year to get a feel for the place in all seasons.
The crime index is very debatable, because drugs go through some countries, but in those countries there is no street crime and degradation like in those big countries that are said to be organized and at a high democratic and anti-corruption level, and in them the distribution of those same drugs and other vices flourishes unhindered.
👍🇨🇦
what areas were you thinking were crimimal?. thank you
Renting for a while first is a very good idea in general.
good advice.
Happily, my wife and I bought our retirement holiday home in number 12 when we were 25. Three years later we decided to move there all year.
We're sitting in the same house now, watching this video, 37 years after buying it. Best decision we ever made. 👍🇨🇵👍.
Where did you end up?
@@__lancaster In Occitanie, by the sea ⛵🌊.
@@andrewrobinson2565 what do you guys do for a living, if you don't mind me asking? quite a young age to move there!
also congrats on the happy marriage :)
@@FacelessNomadTH-cam My wife is an Alzheimer's nurse and I'm a retired Middle East guide book writer, professional musician, real estate salesman and English teacher (jack of all trades and master of none 🤔). 👍🤣
So beautiful to see two young minds understanding life the same and now reaping the benefits….blessings to you. ❤
Thank you. I’m leaving Italy because of the bureaucracy and the high taxes for expats. It would be nice to add which of these “cheap” options tax or don’t tax. That’s a big consideration
I know it's beside the point, but if you're leaving, sempreitaly might not be an apt username
Italian taxation is very progressive, so unless you want to pay no tax at all, which is very morally dubious, there’s little benefit to be had by leaving.
It’s much more advantageous to move around and rent, chasing good weather rather than be stuck with one location just because you bought and can’t afford to move . That’s a bad feeling to buy and realize you don’t like your location or neighbors.
The most honest piece of advice so far..thanks...nothing is cheap for no reason
Or you can visit many places and then decide where you want to settle down. Most people can only travel for so long and then you need to slow down or stop.
For a while. Eventually, moving around all the time becomes tedious because tiring and stressful.
Tell me about it !
I would have a home base somewhere
Southern and south east spain in my opinion is the best place to live simply due to the fact that esp in winter it has the calmest and mildest climate, this is due to it been close to africa, its also sheltered by the sierra navada mountains but also due to been the western med so the milder seas and winds from the carribean cross the atlantic as world weather generally blows west to east. The eastern med though can sometimes suffer in winter from the baltics
The Croatian coast is beautiful, but most of its beaches are pebbly and the Adriatic can be a little chilly in spots.
The Saronic Gulf islands in Greece, very close to Athens, are very affordable and beautiful places to retire: Agistri, Aegina, Hydra, Poros.
Crete is lovely but make sure you get a deed and a lawyer bench front out of the city’s is cheaper and slightly inland is good price wise but remember they have earthquakes so be careful if buying older property in the mountain areas
Earthquakes occur everywhere in the Mediterranian, not just in Crete. If the buildings are sturdily constructed, this is not a problem and Greece is a leader in this regard
And lately, wildfires
Translated, I think: “Crete is lovely, but make sure you get a deed and a lawyer. Beachfront out of the city is cheaper, and slightly inland is a good price. Remember, however, that the area has earthquakes, so be careful if you are buying property in mountainous areas.” Spelling and punctuation, as well as a quick proofreading can eliminate misunderstandings. If it doesn’t make sense to the writer, it won’t make sense to the reader. I read this over and over, and came up with this as the message of clarity.
You have not mentioned Bulgaria, I cannot understand why Bulgaria has not been highlighted as one of the best places to retire, it has so much to offer and cheaper to live and buy property than all the other countries you have mentioned, I live in Bulgaria and never looked back.i can live on £600 per month for everything including fuel costs etc.very cheap country to live in and the people are wonderful, Bulgaria never gets a mention with any airline operators or adverts on tv etc,it has so much to offer its about time Bulgaria was put on the map.
Probably because this episode is specifically addressing cheap places on the Mediterranean.
Bulgaria is NOT on the MED is it
Bulgaria has a coast on the Black Sea. It is not a Mediterranean country
I quite agree. I fell in love with Sophia when I visited there. The Bulgarians are also very beautiful people.
Bulgaria is not in the Mediterranean , number 2, high corruption.
I'm sorry to tell you that retirees from rich countries are often only welcomed by real estate agents. These retirees are often willing to pay prices that no local can afford, thereby destroying market prices.
So be a smart buyer and negotiate. Do your research and don’t pay inflated foreigner prices.
Every time a 'rich retiree' buys a property, somebody local has sold it to him at an inflated price. Real Estate agents don't own the properties, they only sell them. So, if lots of locals make lots of money selling up to rich foreigners, they should not complain that property prices are increasing.
Thank you Keep em coming 😍
I wouldn't prefer an island, because leaving always needs a ferry or plane. Main land is easier. Islands are fine for holidays, though.
Great video, thx!
Yes Albania, Bulgaria, Andalusia Malta. Parts of Sicily. I heard Andalusia has an excellent health System. .
Even though 10,000km away now so happy that my hometown where I grew up is nr.1 .Can't wait the day I will be back 🇦🇱
Wow, these places look amazing! Retirement on the Mediterranean sounds like a dream come true... if I can afford to retire first! 😅 Guess I'll be sticking to my budget-friendly backyard for now.
Well done!
Can you rent for short periods of time like three months or six months? Is it wise to use a online service or just work through locals? I’m talking Spain and Italy particularly
Retiring on the Mediterranean on a budget? Sounds like a dream come true! Just make sure your retirement plan includes sunscreen and a good supply of olives. Who needs a yacht when you've got a bargain beachfront view?🌞🌞🌞
I bought a two bed house for 12 thousand Cyprus £ in 1984 ❤
In those days it was very affordable, but you had to make a final decision early. OTOH, you are free to sell now and buy elsewhere.
By 1991 the price had risen to £19,000 for a 1 bedroom, ground floor flat with covered parking and a shared swimming pool in Ayia Napa. Still a good buy.
@@HolgerJakobs Malta a better option for property
Andalucia is too hot in summer. We’re living in Catalunia - cheap houses and a poor population.
Cyprus! 🎉😂
Didn't see Kansas on that list !
No beachfront property..
You are to funny 😂❤
"Toto, I have a feeling we're not in Kansas anymore"
This list is of places you’d want to live. Retired, formally Missouri, Now Sicily. 😊
The concept of affordability in retirement destinations can vary greatly. While some advocate for budget-friendly options, others argue it may compromise quality of life or cultural experiences.What's your perspective?
Best, you have something like : 12 Cheapest Places to Retire of the sud of Turkije ? ? ? Between Alanya and Kemer ? ? ? Thanks a lot 🙂
Marmaris is much nicer than those places
Earthquakes
Ya no not a country with this religious ideology.
When you state dollars, which/whose dollar? I presume US?
Usually its in US dollars
What about Tunisia?
lol
Libya is 1000x better 😂😂😂
Quite unstable politically. Unfortunately, since 10 years ago some people were full of hope due to the Arabian Spring. Went all down the drain again.
@@HolgerJakobs 👍
Too dangerous for Europeans
All properties prices proclaimed looks like a bit old. Near all of them in allareas observed are 80% higher today in 2024
Looks to be over crowded . 😮😢
Beware april -September +35-40 Celsius.. and climate change is just starting😢
Contrary to misinformation, the climate is in its cooling phase
💯
Malta dude
❤❤❤
Not Montenegro !
Montenegro isn’t on the MED it’s on the Adriatic
@@frederickmuhlbauer9477 For the love of God can you be more ignorant?
I am older man. I lived in Europe long ago when I was younger and barely had a dollar to my name for up to 10 years. These are expensive Euro countries. I can't throw money down the toilet. The magic of Europe no longer exists. I don't agree with this video.
You are right, propaganda from an AI video made to earn money from Google and has no usefull advice to offer !
Portugal?
Portugal is mostly facing the Atlantic Ocean 😅
Portugal is completely on the Atlantic
And Portugal is just about to abolish its favourable tax regulations for expats. So beware!
Not Med it’s Atlantic coast
And of course-- How about Lebanon?? How about Tunisia? Algeria? Morocco? Aren't they "Mediterranean"? Aren't they Cheap? And way cheaper than all the places mentioned here? I wouldn't consider living in any one of them of course, but technically they fit right in the title of "Cheapest Places to Retire on the Mediterranean", the cheapest, and still Mediterranean... Just Saying...
👍 👍 👍
No to Albanian Riviera for various reasons
Please explain???
Sorry but Marbella is overpriced!
along the mediterranean
france cyprus spain
Turkey is Not economical anymore cost of Living is Unstable
OK, it's a list where monthly expenses and real estate pricing are cheaper and more affordable, while still having a nice scenery, maybe a beach front, and a nice coffee at the local cafe. But is this all in life? Is this what determines a quality living for a retiree couple? I can't help but feel some sorrow for the American folks (probably the destination pitch market, and who gave 3K likes to this pitch) who will need to move to one of this places, far away from family, from grandkids, not understanding the local language, can't produce local social ties, not even been able to read the newspaper, not having their possessions and stuff with them, with long travels to the US to see any family, and with a need to produce legal papers for the sake of some local healthcare--- all for what- a cheap house and a nice scenery? How about that Turkish "Riviera"? Living in an unstable Muslim country, and no chance to master that strange language? Well, not my dream of a perfect retirement... Quality of life is measured by many parameters, none of which were discussed here...
Portugal
"Mediterranean"
Not longer affordable
Overpriced not Mediterranean
@@savvyhiker Algarve is Mediterranean, but that region is indeed overpriced. North of Portugal is nice and still reasonably priced
@@bndiasfilho The Algarve is not part of the Mediterranean that begins at Gibraltar, and its climate is very much influenced by the Atlantic Ocean, which brings more cold winds.
I will never buy in a Europien country property, about the EU unfriendly Politik, what it's like a Diktatur 😢
Great, stay home.
US is worse