Insider's guide reveals 2018's hidden European property gem
Spotlight on 2018's Hidden Gem: Porto, Portugal
Porto, often overshadowed by Lisbon, has emerged as a compelling investment location. Known for its rich history and vibrant culture, Porto is experiencing a renaissance with a surge in tourism and infrastructure development. The city offers a unique blend of traditional charm and modern amenities, making it an attractive destination for both tourists and expatriates.
Property prices in Porto have been steadily increasing, yet they remain more affordable compared to Lisbon. As of 2018, the average price per square meter in Porto was approximately €1,500, significantly lower than Lisbon’s €3,0003. This makes Porto an enticing option for investors looking to capitalize on growth potential.