Porto, Braga & Lisbon – Portugal’s Greatest Interest Centers
More and more people move to Portugal every year, many leading international companies have residence there, technological development is at its peak and investment terms are as favorable as ever – Portugal’s future is at its brightest.
So why precisely these cities?
Porto
A short background
Porto is an extravagant port city in the north of Portugal, the second largest Portuguese city. On the one hand, it is beautiful and calm, with a long impressive history and many ancient sites. On the other hand, Porto is enjoying an extremely fast pace of modern development.
Benefits
Quality of life in Porto is extremely high, the cost of living is low, public transportation is varied and comfortable, and the city offers many cultural, dining and leisure centers and great nightlife. It is home to many historic legacy sites such as the Douro Valley and glorifies with incredible views and coasts. Besides history, it also holds Portugal’s future by being an educational center and home to many universities, with many young student residents contributing to the city’s young vibe. On top of that, Porto is also considered a very safe, friendly and pleasant residential location.
The bottom line
An intersection of history and innovation, in addition to prosperous tourism, economy and student-life, attract many investors to Porto.
Braga
A short background
Braga is a city located in the north of Portugal and well-known by its second name “Portugal’s Rome”. The picture-like beautiful city is extremely romantic, with a happy authentic vibe and great weather all year long.
Benefits
The city is characterized by many ancient buildings, small coffee houses, wineries hidden within its alleys, and offers great local wines, many tourist attractions and a magical calm atmosphere. Braga is also home to the leading European nanotechnology university - Minho University, attracting many students and technological and industrial businesses to reside in the City. Braga’s real estate pricing is still lower than other Portuguese cities, and it is therefore considered the country’s real estate hidden treasure that is still ‘under the radar’ of most real estate investors.
The bottom line
Braga’s huge potential will be clear to anyone who will set foot there, and it is the safest and could be, most profitable investment opportunity for anyone who will uncover Braga’s secret.
Lisbon
A short background
Lisbon is Portugal’s capital and its largest city. Like most capitals, Lisbon’s living, leisure, historic, cultural and financial opportunities are broad and rich, and so is its real estate.
Benefits
As many capitals, Lisbon is a home for central attractions and events, and it is by no doubt a center of Portugal’s happenings. Lisbon integrates the old traditional European culture with great innovation and technological developments. With its unique qualities, it is no surprise the city’s real estate market is constantly extending, with comfortable pricing and fast investment opportunities.
The bottom line:
Lisbon is the heart of Portugal, and Lisbon’s real estate is considered a known and stable investment with high returns.
The Algarve
A short background
The Algarve is located in Portugal’s southernmost region. It is known mainly for its beaches, Mediterranean climate. During the 1960s its scenery has transformed and now its central coast between Lagos and Faro is lined with villas, hotels, bars and restaurants.
Benefits
The climate is exceptional, a mix of the Atlantic Breeze with Mediterranean comfort. I has an average of 300 days of sunshine a year.
The social and leisure life is suited both to Portuguese and foreign residents and are mixed in the Algarve, with many businesses such as golf courses, restaurants, bars and pubs and newspapers who appeal to local and foreigners.
The bottom line
The high quality of life in the Algarve combined with its rich culture and history, fantastic gastronomy, typical villages and lands and modern urban centers makes it an attractive destination for many. The real estate market in the Algarve is a hectic business and real estate is a high value and appealing asset to invest in.
Vila Nova de Gaia
A short background
Vila Nova de Gaia ('Gaia' by locals) is a municipality belonging to the Metropolitan Area of Porto and the District of Porto, located in the Northern Region of Portugal. Although its neighbor city, Porto, is the more famous of the two, their close proximity makes Gaia just as exciting.
Benefits
Internationally known for its Port and Douro wine companies, with cellars offering tours and tastings.
Its great beaches like Praia da Madalena, and the scenic riverside road Cais de Gaia are a few of many attractions in the area.
The bottom line:
Investing in a Vila Nova de Gaia property may turn out to be an exciting choice for anyone who wants to absorb the Portuguese culture with the proximity of Porto. The region offers hundreds of apartments, houses and plenty of investment opportunities.