More and more people now see retirement as a second chance – an opportunity to enjoy life, travel, focus on their wellbeing, and, above all, find somewhere to live a quiet life.
It’s little wonder, then, that a Spanish destination has been named the "best city in the world to retire" – a place that offers sunshine, sea, culture and still-affordable living.
Valencia, one of the best cities in the world to retire
The American financial portal Live and Invest Overseas has compiled a ranking of the ten best countries and cities in which to retire, based on factors such as safety, cost of living and the funds required to relocate.
Valencia has taken the top spot – and this international recognition is no coincidence. The city has long been established as an ideal destination for those seeking both comfort and an active lifestyle.
With more than 300 days of sunshine each year, Valencia’s Mediterranean climate – characterised by mild winters and bright, sunny summers – makes everyday life a genuine pleasure. Whether it’s walking, exercising, socialising or simply enjoying a coffee on a terrace, the good weather contributes enormously to the city’s quality of life.
Economic advantages and lower cost of living
One of the key factors when choosing where to retire is the cost of living, and in this respect, Valencia stands out as a highly competitive option within Europe. Although housing prices have risen in recent years due to growing demand from international buyers, they remain considerably lower than in other major capitals such as Paris, Berlin or Rome.
Everyday expenses are also much more manageable. Fresh produce is easy to find at reasonable prices in local markets, dining out is affordable, and the city’s public transport network is both efficient and inexpensive. For those coming from countries such as the United States, Canada or Northern Europe, the difference in living costs is striking – and the potential savings substantial.
Quality healthcare and services that retirees value
Another key consideration is healthcare. Spain’s public health system is internationally renowned, and Valencia boasts an excellent network of major hospitals, private clinics and specialists across almost every field.
Access to affordable, high-quality medical care provides invaluable peace of mind. In addition, private health insurance in Spain is typically much cheaper than in many other countries, offering a further advantage for retirees.
Valencia also benefits from excellent transport links, including nearby airports with strong international connections. Well-connected neighbourhoods and efficient public transport make day-to-day life simple and convenient, without the need for long commutes.
What life is like in the city winning over retirees from around the world
What truly captivates people about Valencia is its lifestyle. The city moves at a gentler pace than larger capitals, yet retains all the vibrancy of a modern urban centre.
For retirees, it offers the best of both worlds: the peace of its residential districts alongside a rich cultural, culinary and social scene in the historic centre and by the sea.
Gastronomy is another major draw. Beyond its iconic paella, Valencia boasts a wealth of Mediterranean cuisine and a growing number of internationally acclaimed restaurants. Here, eating well isn’t a luxury – it’s part of everyday life.
Adding to its charm are the city’s traditions and festivities. From lively local celebrations that fill the streets to international events in music, art and sport, there’s always something to enjoy in Valencia.
Things to consider before retiring in Valencia
Of course, not everything is perfect, and it’s worth being aware of a few potential drawbacks. Property prices have risen in several neighbourhoods, particularly those close to the coast. In addition, the summer influx of tourists can be bothersome if you’re seeking complete peace and quiet. The typical Mediterranean humidity can also take some getting used to.
It’s equally important to consider the adjustment period. Learning some Spanish greatly helps with integration, and familiarising yourself with local bureaucracy can prevent complications with paperwork or taxes.
Even so, most retirees who have already made Valencia their home agree on one thing: the advantages far outweigh the inconveniences.