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Europe on a Budget: Live Comfortably for Rs1.7 Lakh a Month

From Budapest to Cyprus, affordable European living is within reach for Indian retirees, freelancers, and remote workers.

BY Realty+
Published - Tuesday, 05 Aug, 2025
Europe on a Budget: Live Comfortably for Rs1.7 Lakh a Month

Living the European dream doesn’t require a millionaire’s wallet. According to a recent Forbes report, a monthly budget of around $2,000 (Rs1.74 lakh) can unlock a comfortable lifestyle in several scenic and culturally rich regions across Central, Eastern, and Southern Europe.

While cities like Paris and London remain pricey, destinations such as Budapest, Greece, and Cyprus offer exceptional value.

In Budapest, expats and digital nomads enjoy walkable neighborhoods, efficient public transport, and high-quality healthcare—all for $1,200–$1,800/month. The city blends historic charm with modern infrastructure and a welcoming English-speaking community.

Greece, beyond its tourist hotspots, offers sea-view rentals for as low as $400 and monthly living costs between $1,000–$1,700. With tax incentives for retirees and remote workers, it’s a Mediterranean haven for those seeking wellness and culture.

Cyprus delivers a relaxed beachside lifestyle for $1,200–$1,800/month. English is widely spoken, and coastal rentals range from $500–$800. The island’s modern infrastructure, low taxes, and strong expat network make it ideal for long-term stays.

Many of these countries also offer friendly visa schemes for retirees and remote workers, including Portugal’s D7 Visa, Greece’s Financially Independent Person permit, and Cyprus’s Category F Visa3. These programs allow Indians to settle abroad with passive income or freelance earnings, often with pathways to permanent residency or citizenship.

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