Hey there, friend! We’ve put together this article to give you the inside scoop on the best places to retire in Greece. Whether you’re from the European Union or another part of the world, we want to help you decide where to spend your golden years in this stunning Mediterranean paradise.
I’ve done the research and found that Greece offers so many benefits for retirees like you and me. We’re talking about the fantastic climate, breathtaking scenery, rich cultural heritage, mouthwatering cuisine, and a cost of living that will stay in the bank compared to other European hotspots.
So, please sit back, relax, and let me take you on a virtual tour of five of the best places to retire in Greece: Athens, Santorini, Thessaloniki, Patras, and Lesvos. For each spot, we’ll explore the lifestyle, cost of living in Greece, local attractions, and unique features that make it a retiree’s dream come true.
And because we know that money matters, I’ll also tackle the burning question of how much you’ll need to retire comfortably in Greece. We’ll look at some estimated figures based on different lifestyles and locations so you can start budgeting for your big move.
At the end of the day, we want this article to be your go-to guide as you consider Greece for your retirement adventure. We’re here to help you explore your options and make the best decision based on your personal preferences and financial situation. So, let’s dip in and discover the best places to retire in this incredible country together!
Before your vacation chapter starts, check out the best place to retire in Greece.
Sneak Peak
Greece is a great option if you dream of retiring on an enchanting island with excellent cuisine and a vibrant local culture.
The nation has warm summers and somewhat cool winters. We have considered the rich cultural heritage, a long history of magnificent architecture, and delectable cuisine.
Take a glance at the best place to retire in Greece:
- Athens
- Santorini
- Thessaloniki
- Patras
- Lesvos
5 Best Places to Retire In Greece (Benefits and Expenses)
Greece is an excellent choice for retirees, both European Union and non-European citizens. Retiring in Greece is a breeze for EU nationals; no special visa or residency permission is required.
Thanks to the freedom of movement inside the EU, they may take advantage of Greece’s pleasant year-round weather, breathtaking scenery, and vibrant culture.
Greek resident permits are available to non-EU persons who meet certain income or investment requirements and want to retire in Greece. Potential people waiting for their retirement and looking for a Mediterranean paradise often choose Greece due to its low cost of living and excellent healthcare system.
So, without any further ado, let’s talk about the best towns in Greece.
Athens
- How your pension or retirement assets are structured and your desires dictate if you should settle in Athens.
- Like many major cities, Athens is noisy and pricey. However, this is a matter of taste and where retirees prefer to settle down. Even though there is a lot of pollution, noise, and traffic in the city, there are also lovely areas where you may find reasonable homes and excellent public transport.
- With a population of around 3.8 million, Athens is a bustling metropolis. While some neighborhoods are more affordable, others are more upscale and spotless.
- Summers are hot, winters are warm, and there is a lot of rain and a few snow days. In the summer, smog becomes an issue. The cost of living might change depending on personal preferences and amenities.
- The average rent for a studio in a budget neighborhood is 300 euros, while a stand-alone property in a desirable suburb might cost up to 2000 euros per month. So, let’s assume that a single person wouldn’t be happy living on less than 1000 euros.
Santorini
- Santorini is another high-price city in Greece. For the ordinary retiree, there are better places to be. The expensive food, lodging, and entertainment prices reflect that it’s a popular tourist location and a vacationer’s destination.
- It is the ideal spot in Greece for a lavish retirement.
- Those lucky enough to call this island home get to see magnificent sunsets and unrivaled panoramic vistas. It’s a beautiful scene to wake up to, with blue-dome roofs, snow-white walls, and sloping stairs.
- Delightful wines, authentic Greek cuisine, and fresh seafood are just a few of the gastronomic offerings. After paying rent of $2,000 per month, an expat retiree may live well on $3,124.
Thessaloniki
- Greek islands or smaller towns like Thessaloniki can be good options for retirees seeking a slower pace of life and lower living expenses.
- Enjoy a slower pace of life in these regions, known for their picturesque beaches, affordable housing, and historic buildings.
- If you value a thriving cultural scene, stunning natural scenery, and a long history, then the Greek city of Thessaloniki could be the perfect spot to retire. The town has a pleasant Mediterranean climate, tasty food, and a low cost of living compared to other European towns.
- When choosing a place to retire, it’s vital to consider healthcare, language obstacles, and how far away loved ones live. Seeing the city and living there for a while will give you a better picture of the culture and lifestyle before committing.
- Compared to Athens, Thessaloniki is the superior city. Honestly, there are just two awful neighborhoods. One is close to the Salonica mall, where an abundance of illegal immigrants congregates.
- The other is far from the usual territories of the gypsies. Both of the places are easy to avoid.
Patras
- Retirees in Patras may find a satisfying and joyful life. This city is an excellent choice for retirees seeking a tranquil but exciting setting because of its magnificent scenery, rich history, and lively culture.
- If you are a retiree from another country looking for some friends and support, Patras has a small but vibrant expat community.
- This community often hosts social events and activities to help retirees meet new people and build connections.
- Residing in Patras, Grease, seniors may enjoy a perfect balance of leisure and activity thanks to the city’s vibrant expat community, stunning natural scenery, and diverse cultural attractions.
Lesvos
- The island of Lesvos, in the northern Aegean Sea, is popular with retirees due to its cultural heritage, welcoming society, and emphasis on health and wellbeing.
- Beautiful beaches, abundant olive trees, and rough mountains make this island one of the greatest in Greece for retirees.
- The diverse topography also allows retirees to enjoy the outdoors, contributing to an active lifestyle during retirement.
- You may want a fresh, delicious meal prepared using natural, regional components. From $1,500 to $2,000 monthly is more than enough budget for a single retiree to live comfortably.
How Much Money Do You Need To Retire In Greece Comfortably?
- If you’re looking for an apartment with one bedroom in the heart of Athens, you may get by with 2,000 Euros monthly, which covers the average monthly bills and rent. If a married couple were to retire to Greece and keep the same level of life they would enjoy in the United States, they would almost double that amount.
- However, it all depends on your lifestyle, so there are ways to save money. Living in a less populated place can help you save money even more than being thrifty.
- Many Greek islands have minimal populations and communities. Although these areas are remote from major cities, they still need their attractions.
Conclusion
If you’re considering retiring in Europe, Greece has everything you would want. Pick any from our guide on the best place to retire in Greece. Retirees may find that obtaining a dwelling permit is the most challenging task.
Proof of citizenship, health insurance, and a steady income or retirement savings amount are just a few of the many papers you will require during the lengthy application process.
