8 Quaint European Villages for a Comfortable and Inexpensive Retirement

If you are thinking of retiring in Europe, you probably are envisioning an apartment in Paris or a villa in Tuscany—beautiful, but costly. If a big city and a big budget are too pricey for your budget, there are small villages across Europe that offer historic charm, slower living and everyday costs that can be surprisingly manageable, even on a modest retirement budget.

For retirees willing to trade the hustle and bustle of the more touristy areas for walkable streets, local cafes and close-knit communities, village life can deliver both affordability and quality of life.

How These Villages Were Selected

The villages below were chosen based on a mix of practical and lifestyle factors that matter most in retirement: affordable housing and daily expenses, access to health care within a reasonable distance, safety and political stability, a retiree-friendly climate, and the availability of long-stay or retirement visas for non-EU residents.

In the map below, you can see the cost of living at each location.

1. Penne, Italy

Penne sits on a hilltop in central Italy’s Abruzzo region, known for its medieval architecture and historic cobblestone streets. The many museums, galleries, and festivals also highlight the cultural history of the town. The weather is moderate year-round, making outdoor and nature activities popular in the area.

Many locals speak English, so retirees and visitors feel very welcome in the region. With an international airport only 18 miles away, travel to and from the region is convenient.

2. Castelo Rodrigo, Portugal

Near the Spanish border, Castelo Rodrigo is a quiet stone village with sweeping countryside views. Portugal’s reputation for affordable living holds true here, especially compared with Lisbon or Porto. Basic healthcare is accessible in nearby towns, and the climate is generally mild.

Castelo Rodrigo is about two-and-a-half hours from Porto by car, which matters for airport access, specialty health care and the occasional big-city day trip.

3. Lauzerte, France

Lauzerte offers classic French bastide charm: stone buildings, central squares and a strong food culture. Walkability is a major plus, and regional health care is reliable.

For retirees who love fresh food markets and cafes, this area delivers a quintessential French lifestyle at an affordable price. 

4. Bansko, Bulgaria

Bansko is a mountain town known for its skiing in winter and challenging hiking trails in summer, with a range of seasonal temperatures from below freezing in winter to around 80 degrees in summer.

Housing, groceries, dining out at a local restaurant and transportation are all quite affordable. The city offers several free activities, such as museums and parks.

5. Mesta, Chios Island, Greece

Mesta is a medieval village that’s been largely preserved on the Greek Island of Chios, with narrow stone streets and minimal tourism. Mesta is surrounded by 10 beaches, so for the more adventurous retiree, scuba diving and kayaking are available. The rolling hills give space for hiking, biking or just observing the natural beauty of the orchids, wildflowers and butterflies.

Temperatures can get quite hot in the summer and are more moderate from the fall through to the spring. Daily expenses are low, and life here is simple and community-focused.

6. Óbidos, Portugal

Óbidos is a small town with medieval walls and cobblestone streets. This historical town also has a castle—the Castle of Óbidos, which is now a 4-star hotel and restaurant.

Most areas are walkable, with several shops, restaurants and bars. Óbidos offers several festivals throughout the year for residents and guests to enjoy. And located just a short drive from El Rey Beach, retirees can golf while taking in the ocean view.

Lisbon’s hospitals are within easy reach, offering village charm and access to urban health care.

7. Viscri, Romania

Viscri is a rural village in Transylvania that’s also a UNESCO World Heritage Site. The Saxon Fortified Church is the heart of the community and where many cultural and religious events take place. Food is farm-to-table and often cooked over open fires.

Cars are restricted in Viscri, so the simple way of life is evident as residents and visitors move around the village on foot, via horseback, or by bike. Living costs are low, and the pace of life is slow and community-oriented. It’s ideal for retirees comfortable with rural living.

8. Alentejo Villages, Portugal

The Alentejo region is just a few miles from the border with Spain and overlooks the Barragem da Alqueva lakes.

It’s a remote area dotted with whitewashed houses and churches surrounded by open countryside. Cars are generally not allowed in the villages, so it feels like stepping back in time. The region is also designated as a dark sky area, with very few artificial lights after dark, making this the perfect spot to stargaze.

Rent and food costs are among Portugal’s lowest, and the warm climate supports an outdoor lifestyle.

Why These Villages Work for an Inexpensive Retirement

Housing often costs a fraction of U.S. prices, especially outside major cities. Public health care systems significantly reduce medical expenses.

Local food, markets and transportation keep daily costs low. These off-the-beaten-path villages offer a slower pace and activities that tend toward a simpler way of life.

Important Considerations Before Moving

Language barriers can affect integration, and nightlife and amenities are limited. Transportation needs vary—some villages require a car, while others don’t allow cars.

Expats may also need to look into health insurance designed specifically for expats, depending on the country, to ensure proper medical coverage.

Residency and visa rules differ by country, and it’s wise to rent before buying to ensure the lifestyle truly fits.

The Bottom Line

You don’t need a luxury budget to retire in Europe. With flexibility and planning, quaint villages can offer charm, affordability and a strong sense of community at a surprisingly low cost.