Confused about where to invest in Portugal? Get five main reasons for the viability of investing in Porto

Porto is a port city located in the north of Portugal on the Atlantic coast. It is a beautiful and picturesque city with a long history that goes back to ancient times.
Porto, which is in economic prosperity, has become a center of attraction for investors real estate in Portugal, because buying property in Porto means a safe investment and promises

Here are some of the reasons that make Porto popular and attract investors and entrepreneurs from around the world:

1. Population growth

Porto, the capital of northern Portugal is the second largest city in the country after Lisbon, the country’s capital.
The population of Porto currently numbers about 238,000 inhabitants and the metropolis about 1.7 million inhabitants. making it the second largest urban area in Portugal.

An influential factor for those interested in investments Real Estate in Porto is that the city’s population is growing and is expected to continue to grow along with the thriving economy and tourism industry.

2. An inviting and hospitable city

In Porto, tradition and history meet with progress and development. A city with heritage alongside the services and infrastructure of a modern city including a home to the startup scene. The authorities have set themselves the goal of turning Porto into a global city and are encouraging innovative ventures. The high quality of life contributes to Porto’s booming economy. It is reflected in a low cost of living and a fun atmosphere; rich nightlife and diverse cultural centers; in markets and restaurants; at festivals and performances; great beaches and water sports; in a comfortable Mediterranean weather.

Porto can be defined as a charming, lively, safe and friendly city that enjoys development and urban renewal.

3. Tourism

The growing number of tourists in all seasons is another factor in Porto’s economic prosperity. Tourists from all over the world flock to Porto, which is part of the main tourist routes in Europe.

Porto is one of the fastest growing European tourist destinations and the city won the Best Destination in Europe awards in 2012, 2014 and 2017.
The historic center of Porto has been declared a World Heritage Site by UNESCO.
The tourism industry is a center of attraction for investors who recognize significant potential in real estate investments in Porto.

4. Transportation

Public transport in Porto includes metro, light rail, buses, trams and taxis. The means of transportation are not expensive and convenient for orientation.

Between Porto To Lisbon the capital and back you can travel by train, bus and plane.

Porto has an international airport including flights from Israel to Porto and back and is also used for domestic flights. You can get from the airport to the city or from the city to the airport by metro or suburban train and of course also by taxi.

5. The Douro Valley

Porto has international recognition that attracts entrepreneurs and investors from all over the world and the real estate market is becoming a hit.
One of the reasons is also The Douro Valley which lies east of the city and has been declared a UNESCO World Heritage Site. It is one of the most beautiful regions in Portugal and the birthplace of the famous port wine. Along with the Douro River that flows through the valley , the area is a tourist attraction in itself and a center of attraction for tourists. Visitors to the city of Porto also come to the Douro Valley, the tourism industry is growing in the entire region and this is an influential factor that attracts the attention of entrepreneurs and real estate investors in Porto in properties of all types.

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