As Portugal’s Algarve is named the World’s No.1 place to live and retire, here’s why Chestertons are your No.1 choice to help you make that move.


It doesn’t matter where in the world you are—if you’re looking for somewhere to retire or re-locate, the Algarve has been named as the perfect place to head for.

And because of our huge global reach, linked to our unbeatable local knowledge, Chestertons are the perfect partners to help you navigate the process.

Portugal’s Algarve region, stretching approximately 160km (100) miles along the length of Portugal’s southern coastline on the Atlantic Ocean, and 65km (40 miles) along its western coastline, is, according to Forbes*** —America’s prestigious business magazine —not just the top option for retirement, but is also one of the best places in the world to live.

Katherine Peddicord, author of the best-selling “How To Retire Overseas” who for more than 30 years has written and broadcast via TV and radio about living and investing overseas, recently named the Algarve as her No.1 choice when advising Americans searching for a dream retirement location anywhere in the world.

And because of our global reach Chestertons are the perfect one-stop shop to facilitate selling in America or any other country, and buying in Portugal.

As one of the world’s oldest and most respected property companies, Chestertons were recently awarded a Gold Trusted Service Award by online review platform Feefo, due to “continued excellence in customer service throughout 2019”.

Chestertons have offices on all five continents, including a number in Portugal—four across the Algarve and another in Porto—and our expert and knowledgeable staff can ease you painlessly through the processes of selling and buying wherever you are.

Here in Katherine Peddicord’s own words are her reasons for choosing Portugal’s Algarve above anywhere else in the world:

Eventually, COVID-19 will be contained, and global markets and economies will recover. But the experience of having lived through this challenging period will leave us with a reinforced and maybe a reinvented understanding of what matters most in life.

Considered from a post-crisis perspective, where in the world will offer the best options for repositioning yourself overseas? Diversifying your lifestyle and your investment portfolio to embrace the many opportunities our world continues to offer is a more important agenda than it's ever been. The way to make sure you're prepared for whatever tomorrow brings is to expand where you spend your time and your money so you’re not at the mercy of any single government, economy, marketplace, or currency.

Imagine living in a place where you aren’t compelled to turn on the news the minute you roll out of bed because you have better things to do and because you’ve organised your life so that you’re able to ride out any storm safely and comfortably.

We have a moment now, while we sit on collective pause, to regroup what we’d like our lives to look like and to connect the dots between our ideal lifestyle and the top choices for the best places to think about spending time and money overseas.

You may not want or be able to hop on a plane to explore these destinations in person today, but, again, our current circumstances are temporary. Where should you think about taking a look after the lockdowns have been lifted, a place where you could restart your health, self-resilience, and community first?

My first choice is Portugal’s Algarve region.

At home on Portugal’s coast, you could wake every morning to the sound of local fishermen announcing the morning’s catch and the soft chimes of bicycle bells signalling the start of the daily commute.

Offshore this 100-mile-long stretch, the Atlantic Ocean crashes, as it has for centuries, carving arches, coves, and caves into the sandstone, creating a picture-postcard view at every turn.

Portugal’s Algarve region is not only a top option for retirement, it is one of the best places in the world to live, thanks to its:

Year-round Sunshine

Portugal enjoys one of the most stable climates in the world and 3,300 hours of sunshine per year, meaning more sunny days than almost anywhere else in Europe. The Algarve has no bad weather months.


Portugal ranks as the third safest country in the world. Violent crime is rare, and petty crime is limited to pick-pocketing during the busy tourist season. As well, this country has managed to keep itself separate from the immigration crisis that is playing out in other parts of Europe.

Good Infrastructure

Portugal has enjoyed important infrastructure investments in recent years, specifically to do with the country’s highway network and airports. As a result, this is a great base for exploring all Europe and North Africa.

International Standard Health Care

Health care in Portugal is high quality and a fraction the cost of health care in the United States. If you become a resident, public health care is free.


Portugal’s Algarve region boasts 42 courses in less than 100 miles.

Great Beaches

The European Blue Flag Association has awarded 88 beaches along the Algarve coast Blue Flag status, recognizing their excellent water quality and environmental standards.

Affordable Cost Of Living

The cost of living in Portugal is among the lowest in Western Europe, on average 30% lower than in any other country in the region. A couple could live here modestly but comfortably on a budget of as little as 1,300 euros per month. With a budget of 2,000 euros per month or more, you could enjoy a fully appointed lifestyle in this heart of the Old World. And right now your dollars buy a lot of euros.

The Language

English is widely spoken. Living here, you could get by without learning to speak Portuguese.

Healthy Living

The Portuguese are the biggest fish eaters per capita in Europe, and fresh fish of great variety is available in the ever-present daily markets. The year-round sunshine and fertile earth in this part of the world mean an abundance of fresh produce, too, also available in the local markets. Meantime, pollution rates are low, and streets, towns, and beaches are clean and litter-free.

Retiree Residency

Portugal offers the most user-friendly residency option in the Euro-zone. You can qualify to live in the country full time simply by showing a reliable income of at least 1,200 euros per month.

So if you like the idea of joining the tens of thousands of expats who have already made that dream move to the World No.1, get in touch with us and have a friendly, no-pressure chat with one of our sales agents who can advise you about selling your current property and finding your perfect home in the Algarve.


***Forbes is America’s leading business magazine, a trusted source of information for news, financial, investment, economic and marketing updates and advice. Published bi-weekly it contains original articles on finance, industry, investing and marketing topics. Forbes also reports on related subjects, such as technology, communications, science, politics and law. The magazine is well-known for its lists and rankings including the Forbes 400 (the richest Americans), the Forbes Global 2000 (the world’s top companies) the World’s Billionaires and the World’s Most Powerful Women. The motto of Forbes magazine is “Change the world”.

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