The rising cost of living in France is leading many pensioners to look for more affordable destinations, and Portugal is gaining ground. After years in which Spain was the preferred choice for French retirees, the city of Setúbal is now attracting those looking for a peaceful retirement, by the sea and with a quality of life that is difficult to match.
According to the Spanish newspaper AS, the change has a simple explanation: living in France has become too expensive, and even Spain is no longer the economic refuge it once was. On the other hand, Setúbal offers a rare combination of reasonable prices, good infrastructure and a welcoming environment.
With around 1,100 euros a month, many French retirees are able to maintain a comfortable lifestyle in this city, far from the financial pressure they felt in big capitals. The proximity to Lisbon, less than an hour’s drive away, adds convenience without the high cost of the capital.
A new life next to Sado
Rents in Setúbal continue to be significantly lower than in France: between 500 and 700 euros per month, depending on the area and type. Electricity, gas and food costs are also lower, and local markets offer fresh produce at prices that the French can no longer find in their country.
Furthermore, there is a feeling of security and well-being that many highlight as decisive. “Here, money stretches more and life is calmer”, said a French pensioner quoted by the newspaper Le Figaro.
Bars and restaurants maintain affordable prices and, even in tourist areas, the difference compared to French cities is evident.
Between the sea and the mountains
Located south of Lisbon, Setúbal combines sea, mountains and history in an almost perfect way. The city is surrounded by the Arrábida Natural Park, known for its beaches with transparent waters such as Portinho da Arrábida, Galapinhos and Coelhos, protected corners that contrast with the usual rough seas of the Atlantic coast.
The Sado estuary, in turn, is one of the few places in Europe where it is still possible to observe dolphins in freedom, a spectacle that delights tourists and residents alike.
For nature lovers, walks between green hills and sea cliffs are a daily luxury that few destinations can offer.
Heritage and rhythm of life
Setúbal is also a city with an old soul. The Roman remains of the ancient salting factories recall the importance of fish and salt in local history, while the Monastery of Jesus and the Cathedral of Santa Maria da Graça testify to the splendor of the Manueline style.
In the Livramento Market, considered one of the most beautiful in Europe, visitors can find fresh fish, fruit, vegetables and the famous 19th century tiles that decorate the interior walls.
The urban center, with its pedestrian streets, invites you to walk slowly, stop at a cafe and observe everyday life at the pace of those who are no longer in a hurry.
Living with less, but better
For many French retirees, the secret is rediscovering the pleasure of simple things: the sea, good food, conversation on the terraces and the tranquility of a medium-sized city, where everything is close by.
The difference can be felt not only in bills, but also in quality of life. “With what I spent in a month in Lyon, I live here for two,” said a resident interviewed by Midi Libre, and quoted by .
New expatriates also highlight the welcoming nature of the Portuguese and the mild climate, which allows them to enjoy outdoor activities almost all year round.
According to recent data from the French Consulate in Lisbon, the number of French citizens registered in Setúbal and its surroundings has increased steadily over the last five years. The trend is followed by real estate companies and small businesses that adapt to the new public.
A European refuge
With the general increase in the cost of living in Europe, Portugal is consolidating itself as one of the last accessible refuges for those looking for a serene, safe and sunny retirement for much of the year.
Setúbal, in particular, seems to have found the right balance between authenticity and modern comfort, enough to seduce those who, after a lifetime of work, simply seek to live well.
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