Spain has long been a favorite retirement destination for Northern Europeans, and now it’s gaining popularity among retirees from North America, including the U.S. and Canada. With its sunny climate, affordable healthcare, rich culture, and relaxed pace of life, retiring in Spain offers an unparalleled lifestyle.
According to recent data from Idealista, over 20% of all property purchases in Spain are made by foreigners, with growing numbers coming from the U.S., Canada, Italy, Ireland, Ukraine, and more.
While major cities like Madrid, Barcelona, and Málaga are well-known, many retirees are discovering the charm of smaller coastal towns that offer better quality of life, lower costs, and a slower pace—without sacrificing amenities.
As a relocation expert and founder of Emergent Investors Spain, I’ve helped hundreds of non-resident buyers find their dream home here. Let me take you through my top 7 towns to retire in Spain.
1. Jávea (Xàbia) – Costa Blanca’s Crown Jewel
Why it’s great:
Gorgeous beaches and turquoise waters
Excellent year-round climate
Strong international expat community
Plenty of outdoor activities (hiking, sailing, golf)
Located on Spain’s stunning Costa Blanca, Jávea offers a mix of natural beauty and modern living. While property prices here are higher than average for the region, you get excellent value in return. Just be aware that the town gets busy in summer months.
📝 Best for: Active retirees looking for luxury coastal living with a tight-knit community.
2. Altea – Artistic Charm by the Sea
Why it’s great:
Peaceful, scenic coastal town
Thriving arts and cultural scene
Beautiful old town with whitewashed houses
Mild weather all year
Altea feels like a postcard come to life. Nestled between the sea and the mountains, it offers tranquility and inspiration—especially for those who enjoy art, music, and Mediterranean charm. It’s quieter than most tourist towns, but still lively during summer.
📝 Best for: Creative spirits and culture lovers looking for a peaceful, elegant lifestyle.
3. Peñíscola – A Hidden Gem on the Costa del Azahar
Why it’s great:
Incredible sea views and medieval castle
Low cost of living
Rich history and cultural atmosphere
Less crowded than Costa Blanca or Costa del Sol
Peñíscola is often overlooked by international buyers—but that’s part of its charm. Known as the “City in the Sea”, this town offers breathtaking views, a well-preserved old quarter, and peaceful beaches.
📝 Best for: History buffs, budget-conscious retirees, and those looking to escape the tourist trail.
4. Nerja – Natural Beauty on the Costa del Sol
Why it’s great:
Clear waters, dramatic cliffs, and nature reserves
Home to the famous Nerja Caves
Laid-back, welcoming vibe
Close to Málaga Airport
Nerja offers all the beauty of the Costa del Sol, without the chaos of Marbella or Torremolinos. It’s ideal for retirees seeking a sunny, relaxed life by the sea.
📝 Best for: Nature lovers, low-key retirees, and anyone avoiding overcrowded cities.
5. Sitges – Cosmopolitan Life Near Barcelona
Why it’s great:
LGBTQ+ friendly and diverse community
Proximity to Barcelona and international airport
World-class festivals, art, and nightlife
Beautiful, walkable beachfront
Located just 35 minutes south of Barcelona, Sitges is a cosmopolitan paradise. Though real estate here can be pricey, its energy, elegance, and community vibe make it worth it.
📝 Best for: Social retirees, frequent travelers, and those who want big city access with small town charm.
6. Denia – Gateway to the Balearic Islands
Why it’s great:
Sandy beaches and a vibrant marina
Historic castle and lively town center
Ferry connection to Ibiza and Mallorca
Near both Alicante and Valencia airports
Denia is often considered one of the best-kept secrets on the Costa Blanca. It combines a rich cultural heritage with convenience and stunning surroundings. Plus, the proximity to both major cities and airports makes it a top expat destination.
📝 Best for: Island hoppers, boaters, and retirees wanting easy travel options.
7. Torrox – Europe’s Best Climate, Guaranteed
Why it’s great:
Boasts “the best climate in Europe”
Divided into Torrox Pueblo (village) and Torrox Costa (coast)
Quiet, traditional lifestyle
Very affordable cost of living
Torrox is one of the most underrated towns in Southern Spain. Whether you prefer the authenticity of its hilltop village or the seaside tranquility of its coast, this is a prime location for peaceful retirement living.
📝 Best for: Budget-minded retirees looking for sunshine and serenity.
🇪🇸 Why Retire in Spain?
Aside from these seven amazing towns, Spain offers retirees:
Low-cost, high-quality healthcare
Affordable property prices compared to North America and Western Europe
A welcoming culture and healthy Mediterranean diet
Efficient public transport and well-connected airports
Residency options through non-lucrative visas and golden visas
📌 Final Thoughts: Where Should You Retire in Spain?
Spain has so much more to offer than its big cities. If you value natural beauty, relaxed living, and vibrant expat communities, consider these coastal towns as your next home.
Whether you prefer the creative vibes of Altea, the historic magic of Peñíscola, or the sun-drenched serenity of Torrox, you’re sure to find your dream retirement spot.
👉 Want personalized guidance? Reach out for a free consultation and let’s make your Spanish retirement dream a reality.
