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      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
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      • Cyprus
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      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
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      • Safest Places For Retirement
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    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






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          Buying Real Estate For Cashflow

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          PANAMA CITY, PANAMA

          June 18-20, 2025

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          Home Lifestyle

          A Beautiful, Safe Island Paradise

          by Sophia Titley
          Dec 16, 2024
          in Lifestyle
          0 0
          Colorful flowers and beautiful northern coast of Madeira Island, Portugal. Typical Hydrangea, Hortensia flowers. Amazing coastal landscape by Atlantic ocean.

          AdobeStock/ppohudka

          Madeira is an archipelago made up of three main islands (Madeira, Porto Santo, and the Desertas) that float 1,000 kilometers southwest of mainland Europe in the North Atlantic Ocean.

          A giant chunk of seafloor wrenched above the surface, Madeira has a dramatic landscape full of jagged peaks and wind-sculpted cliffs. Sweeping sea views are available from most vantage points.

          Lush vegetation abounds, including wild pineapple, banana, and passionfruit. It’s not what you expect from Europe… In fact, when I arrived, Hawaii was the first place that came to mind. Bali was the second.

          Geographically, Maderia is closer to Africa (the coast of Morocco is only 520 kilometers away) than Europe but, when you get to the Old Town of Funchal and see the narrow cobblestone streets, historical buildings, and thriving café culture, you’re reminded you are indeed in the Old World.

          And there’s a lot to like here…

          Madeira is called the island of eternal spring because of its pleasant year-round weather, which includes warm ocean waters. As a result, its booming tourism industry is unaffected by the seasons.

          Madeira’s beaches are award-winning and the island is laced by ancient irrigation lines called levadas, which today are popular hiking routes. It has unique geographic features like capes, canyons, and caves.

          Golf, surfing, big game fishing, birdwatching, kayaking, sailing, scuba diving, and whale-watching are a few of the things you can do here.

          There’s also an active culture and gastronomy scene that includes seafood and its eponymous libation, Madeira wine.

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            Plus, it’s affordable. Rent for a two-bedroom home in Funchal, the capital, starts at about 1,000 euros per month. Utilities will run you around 80 euros per month and groceries around 300 euros per month. A meal out for two, with drinks, costs around 50 euros. To run your own car, budget around 50 euros per month.

            It’s also as safe as can be. Portugal is the seventh-safest country in the world, according to the Global Peace Index, and Madeira has lower crime rates than the mainland. My personal experience is that I’ve never felt safer traveling somewhere on my own.

            For all the reasons already listed, plus good health care and education, Madeira is popular with expats from Germany, France, Austria, and the U.K., plus a growing number of North Americans.

            Among them is Alan Featherstone, a former florist from the U.K., who first discovered Madeira some 30 years ago.

            “My wife and I found a cheap holiday for 50 pounds each. That’s how we ended up here,” says Alan. “We went to a welcome meeting and heard that there was no crime here… and 30 years later, this still holds true.

            “Eighteen years ago, we bought an apartment in the seaside village of Madalena do Mar. During that time, we’d bounce back and forth between Madeira and Liverpool, spending a week, a month, or six months here and there.

            “We decided to retire six years ago. We took some of our pension money and bought a house, which we redesigned to have multiple self-contained apartments. We rent these out, and they can provide good income. We rent to digital nomads, and we’ve got one long-term tenant. He’s happy where he is, and we’re happy with what he pays us.

            “If you live where the locals live, you can live cheap. A meal for two is about 30 euros, including wine, for instance.  If you live in a tourist area, you’ll pay a lot more. If you’re 30 years old, you’ll find the price of property high. It can be hard for locals, too, because they don’t earn a lot…

            “I’ve got an American friend that doesn’t want anyone else coming here in case they drive up the cost of living further… but newcomers also create new jobs in construction, tourism, hospitality, etc. I believe it’s good for the island, so I keep telling people to come here!”

            Sincerely,

            Sophia Titley
            Editor, Oversesas Living Letter

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              Tags: 'Expats Overseas'americans abroadbeach property in portugalbeaches in portugalmove overseas
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              Sophia Titley

              Sophia Titley

              For Sophia Titley, home is a subjective concept. She was born in Singapore but grew up in Indonesia and Saudi Arabia… and has since lived in Canada, Spain, Colombia, and, most recently, Panama. She studied political science and Spanish at the University of British Columbia, and in her free time enjoys trying new recipes, playing soccer, and salsa dancing.

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                    HOME

                    Top Countries

                    • Spain
                    • Portugal
                    • Panama
                    • Belize
                    • Colombia
                    • Cyprus
                    • Mexico
                    • France
                    • Montenegro

                    Best For:

                    • Health Care Abroad
                    • Retirement Living
                    • Cost Of Living
                    • Investing in Real Estate
                    • Establishing Residency
                    • Gun Ownership
                    • English Speakers
                    • Safety
                    BROWSE ALL COUNTRIES

                    Budgets

                    How Much Will It Cost
                    To Live Overseas?

                    Super Cheap

                    • Chitré, Panama
                    • Santa Marta, Colombia
                    • Phuket, Thailand
                    • Dumaguete, The Philippines

                    Cheap

                    • Medellin, Colombia
                    • Boquete, Panama
                    • Kyrenia, Cyprus
                    • Hua Hin, Thailand
                    • The Algarve, Portugal

                    Affordable

                    • Valencia, Spain
                    • Cascais, Portugal
                    • Las Terrenas, The DR
                    • Pisa, Italy
                    • La Rochelle, France
                    • Mazatlán, Mexico

                    Luxury

                    • Ambergris Caye, Belize
                    • Kotor, Montenegro
                    • The Panama City Beaches
                    • Paris, France

                    Resources

                    Global Living

                    • Living & Retiring Overseas
                    • Raising A Family Abroad
                    • Foreign Residency & Citizenship
                    • Offshore & Diversification

                    Making Money

                    • International Real Estate
                    • Banking
                    • Employment
                    • Investing
                    Meet Our Experts

                    Real Estate

                    Overseas Property Alert 

                     

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                    VISIT SITE

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                    READ MORE

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                    EXPLORE

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                    PRE-REGISTER
                    MORE EVENTS

                    Contact Our Events Team:

                    Toll-Free U.S. and Canada:
                    1 (888) 627 8834

                    From Outside North America:
                    1 (443) 599 1221

                    Working Hours
                    Monday – Friday 08:00 am – 17:00 pm EST.

                    Reach us with your questions by email at: events@liveandinvestoverseas.com

                    Store

                    Overseas Havens Reports

                    • Expats' comprehensive destination guides

                    Conference Kits

                    • Hours of coverage  from our latests conferences

                    Lahardan Books

                    • Titles on living and investing around the world

                    Services

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                    THE 10 BEST PLACES TO RETIRE IN 2025

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