'monthly expenditure for living in portugal' Retirement

monthly expenditure for living in portugal

vic and barb (195.93.21.41) -

hi,

we want to retire to central portugal [leira area] and need to know the average monthly outgoings [taxes,food,gas bottles etc.] neccesary for a reasonably comfortable retirement.

could you please help us.

Reply #1 David Evans (195.93.21.40) -

Hi Reference living costs in Portugal. We have started a company that builds homes in central Portugal. We estimate that you can live modestly in Portugal for just £8.00 per day. This excludes you having a mortgage.

Reply #2 bryan smith (72.39.127.197) -

i would like some information on retiement oppurtunities in portugal

Reply #3 Meldrew from Central Portugal (Contact Member) -

Hello, we have lived in Central Portugal for seven months. We are living off interest from savings and a small early retirement pension. I draw out about 60 euros a week for local grocery shopping, Our gas bottle has cost us 20 euros every 3 months. Computer is just over 18 euros a month. Electric is the dearest thing. We have just done a standing order for 40 euros a month. This could go up if we get our downstairs flat ready to let and buy the storage heaters we want. (The winters are cold ) The phone tends to be about 45 euros a month. (very modest use ) There is no TV licence, a few cents are added to the electric bill. Petrol is similar cost to UK. Car tax and insurance are cheap. You can have a 3 course plate of the day in a local restaurant for 5 euros at lunchtime in the week. Houses in Central Portugal are cheaper than UK and Algarve. It is prettier here and less busy and not commercialised.

Reply #4 M Wells from Leicester (Contact Member) -

My wife and I wish to retire to the Silver Coast in Portugal. Would a £1000 be enough to live on we intend to buy a property

Reply #5 Roger Moore from London (Contact Member) - 09/09/09 10:48

Hi

I'm thinking of buying a property in the Algarve, the property in question has a swimming pool and would need the attendance of gardeners. The property will be mortgage free but I will have utility bills and a car to run. Would £1800 pm be enough to have a reasonable lifestyle that of course would involve the odd game of golf and meals out once in a while.

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