The value of Social Security pensions in Portugal begins at 319.49 euros, for those who have made less than 15 years of discounts, and those who have had a contributory career of over 31 years receive at least 462 euros of reform. With the prices of the houses rising and the pensions reduced, many reformed show some difficulties to support all their expenses.
However, there are some areas of the country where you can live without spending so much money, as in these areas houses and lace are lower. There is a particular village in the Algarve, which is one of the cheapest locations to live in the southern region of the country, so it becomes the ‘ideal’ place for the reformed to live this phase of life.
We talked about the village of Alcoutim, which is north of Vila Real de Santo António and where the Algarve accent intersects with that of Alentejo. Vila Algarvia is by the Guadiana River and also benefits from its location by the Spain border.
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The square meter in Alcoutim costs 599 €
According to the advanced data by 2024, the square meter in Alcoutim cost 599 euros. Although the village does not have the sea nearby, there is far from the algarve mass tourism in the typical houses of the region painted white and deburated with blue or yellow. The castle in ocher tones is from any point in the village and the landscape.
In Alcoutim can also attend the river beach whose water can reach 30 degrees, on the hottest days. Pego Fundo’s river beach has a 500 meter -long sand and is bathed by the Cadavais Ribeira, a tributary from the Guadiana River.
The village is near the border with Spain
It should be noted that, in addition to the rents of the homes in Alcoutim being lower, the proximity to Spain causes it to supply its car in the neighboring country, where fuels are cheaper, as well as being able to purchase its cylinder gas in Spain, where it costs about half of the price in Portugal. It is precisely because it has a lower cost of living that Alcoutim can be the ‘ideal’ village for renovated with low pensions.
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