Retiring on the Costa del Sol

The Costa del Sol is one of Europe’s most popular destinations for those seeking a golden retirement. Its climate, relaxed lifestyle, and excellent services have made it the top choice for thousands of retirees from the UK, Germany, Scandinavia, and beyond.

At Paramount Homes, we know that retiring abroad requires careful planning. That’s why we’ve prepared this practical guide with everything you need to know—plus the best places and activities tailored to retirees.

Climate and Quality of Life

• Over 300 days of sunshine per year.
• Mild winters and enjoyable summers by the sea.
• Perfect for outdoor living: golf, hiking, walking promenades, or simply relaxing on the beach.

Healthcare System

• Spain offers a high-quality public healthcare system.
• The Costa del Sol has renowned hospitals like Hospital Costa del Sol (Marbella) and Quirónsalud Málaga, with multilingual services.
• Private health insurance from €50/month ensures faster appointments in English, German, or French.

Best Areas for Retirees

• East Marbella: quiet developments with golf access and private healthcare nearby.
• Estepona: increasingly popular for its renovated seafront, relaxed vibe, and new residential communities.
• Mijas Pueblo & Mijas Costa: perfect balance between nature and proximity to the coast.
• Nerja: charming Andalusian town, ideal for those seeking a slower pace and traditional lifestyle.
• Benalmádena: great transport links to Málaga and the airport, with healthcare services and leisure options close by.

Activities for Retirees

• Golf: over 70 golf courses, earning the name “Costa del Golf.” Highlights include Rio Real Golf (Marbella), Los Naranjos (Marbella), and La Cala Resort (Mijas).
• Culture & Leisure: world-class museums like the Picasso and Pompidou in Málaga, plus concerts and festivals all year round.
• International Clubs: British, German, Nordic, and French associations organizing excursions, dinners, and social activities.
• Wellness: spas, yoga by the sea, hiking trails such as the Caminito del Rey or the Sierra de Mijas.

Cost of Living for Retirees

• Average monthly expenses for a retired couple: €2,000 – €2,500.
• Housing and food are more affordable than in London, Paris, or Berlin.
• Premium developments include added services like gated security, social clubs, and healthcare nearby.

Legal and Tax Requirements

• EU citizens: simple registration as residents.
• Non-EU citizens: Golden Visa (investment) or Non-Lucrative Visa options.
• Spain has double taxation treaties with many countries, simplifying pension taxation.

International Community

• Strong British retiree communities in Fuengirola and Benalmádena.
• Large Nordic presence in Mijas and Marbella.
• Active retiree associations in Nerja and Estepona, offering regular social and cultural events.

Frequently Asked Questions (FAQs)

What is the best place to retire on the Costa del Sol?
It depends: Marbella and Estepona for a premium lifestyle; Nerja and Mijas for a quieter pace; Málaga City for cultural life and urban services.

Do I need to speak Spanish to retire there?
Not necessarily. Many doctors, shops, and expat communities speak English, but learning Spanish makes daily life and integration much easier.

What happens to my pension if I move to Spain?
Most European countries and the UK have agreements that allow pensions to be transferred and taxed in Spain.