The Peloponnese is emerging as one of the most attractive destinations for retirees internationally, thanks to its combination of natural beauty, historical heritage, and affordable cost of living. According to International Living, the region is among the six up-and-coming areas to watch in 2025.
The list is created based on the cost of living, climate, healthcare, and the daily activities offered.
It is noted that Corfu is included as 8th in the top 10 of International Living’s annual Global Retirement Index 2025.
Affordable mediterranean life with easy access
Just a two-hour drive from Athens, the Peloponnese offers all the benefits of Mediterranean life without the need for ferry or air travel. With an area of approximately 21,550 square kilometers, it is divided into seven regions: Achaea, Corinthia, Argolis, Arcadia, Laconia, Messenia, and Elis. The region is known for its three distinctive peninsulas, each with a unique character and landscape.
The eastern peninsula of Argolis is home to the picturesque Nafplio, Monemvasia – the “Gibraltar of the East” – as well as archaeological sites such as Mycenae and Epidaurus. Central Mani stands out for its rugged landscape and tower houses, with charming villages like Kardamyli, Stoupa, and Areopoli. The western peninsula of Messenia, known for its olive groves and sandy beaches, includes destinations such as Pylos and Kalamata.
Economically affordable and attractive
According to International Living, retirees in the Peloponnese can live comfortably on less than $2,500 per month, depending on their lifestyle and housing choices. In Kalamata, the rent for a 70 sq.m. apartment ranges between $530 and $745, while in smaller towns, such as in Arcadia, it can be as low as $320.
Basic utilities, such as utility bills, cost between $50 and $150 per month, while a meal in a traditional taverna with wine costs about $16 per person. For those interested in buying property, websites like Spitogatos.gr offer a wide range of options, according to International Living.
Tip: If you have a property in the Peloponnese and are interested in renting it out for a longer period to people who want to get to know your area, be sure to tailor your listing in a way that is attractive to this audience.
High standard of living
The Peloponnese is home to a thriving community of foreign retirees, particularly in cities such as Kalamata, Stoupa, and Nafplio. The presence of international residents has led to an increase in English-speaking services and activities catering to foreigners. “We enjoy life here because there is less traffic, less noise, and more peace. The people are relaxed, and we have plenty of time to enjoy nature,” says American resident Sandra Cherk.
A region with prospects
From tranquil beaches to olive groves and cultural events, the Peloponnese offers something for those who want to enjoy their retirement close to nature and culture. With its low cost of living, increasing infrastructure, and the warm hospitality of its residents, the Peloponnese is emerging as one of the top retirement destinations in Europe. The other up-and-coming destinations for retirees on International Living’s list are the Azuero Peninsula in Panama, the southern coasts of Spain, Montenegro, Northern Portugal, and the southern region of Costa Rica.
