Porto - old and new in perfect harmony
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Porto is a small, vibrant city renowned for its stately bridges and for being producers of the fine port wine that made the city famous three centuries ago. The city is neatly divided by the Douro River and is one of the oldest European centres.
The core of the city was proclaimed a World Heritage Site by UNESCO in 1996 and is linked to the development of Portuguese shipbuilding and the conquests of Prince Henry the Navigator.
Tourism is growing because Porto has everything you need – heritage, charming architecture, shops, hip new bars, cool pavement restaurants, vibrant nightlife and five-star hotels. There are great beaches nearby - the Foz district and the large sandy beach, Praia de Matosinhos.
Portugal’s cuisine is always a winner with visitors, but this is even more true in Porto and Northern Portugal. You can be sure of a delicious meal, accompanied by fine wines from the Douro or the fresh Vinho Verde typical of the region, in any restaurant, from the finest to the most popular.
Investors looking for solid rental returns or the soon-to-be-abolished Golden Visa scheme are now considering the desirability of Porto, especially as Porto airport is small and calm and access to the city is amazingly easy.
The city is seeing increased international investment, with over 50% coming from foreign direct investments, which is fuelling growth and rehabilitation throughout the city and region.
With the boom in tech companies setting up their bases here, over 200,000 students and millions of tourists a year, the residential and commercial housing market has never been stronger.
If you are interested in finding out the latest details about the Golden Visa programme and want to take advantage before it ends, call us to arrange your free Golden Visa Consultation. Please email us hello@PortugalProperty.com or call us: +351 308 800 878 or 0800 014 8201 free from the UK.
Published in: Business / Guide to Portugal / Miscellaneous / Portugal Property / Portuguese Life