At number one is Northern Cyprus. Located in the Mediterranean Sea between Europe and Turkey, this island is not at the top of most Americans’ list, but this former British colony has a lot to offer. This is the best option at a fraction of the cost of living the Mediterranean life elsewhere. Northern Cyprus is also a safe, welcoming destination with developed tourism infrastructure, including clubs, casinos, and luxury hotels, all more affordable than their counterparts in France or Italy.

It’s possible to own a sea-view condo with direct beach access for as little as $85,000 at current exchange rates (real estate in Northern Cyprus trades in British pounds). It’s also possible to buy with developer financing, meaning low capital requirements up-front.

Retirement in Northern Cyprus would mean a life outside the more familiar comfort zones of Europe and the Americas. If you’re up for an adventure at this stage of your life while stretching your retirement budget to buy you a bona-fide luxury standard of life on one of the world’s most beautiful stretches of coastline, Northern Cyprus should be at the top of your list.