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Invest in OPorto Real Estate

Posted by RealEstate.pt on March 23, 2016
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Porto is the second largest city in Portugal, next to Lisbon, and it’s Portugal North Capital City. Also known as Oporto, it’s a famous cosmopolitan and industrial center. Along the city you can find the famous Douro river, one of the biggest rivers in the Iberian Peninsula. Also, the western part of Porto extends to the coastline of the Atlantic Ocean.

In 2014, Porto was considered the best destination in Europe. This study was made by the opinion for the travelers of the Best European Destinations Agency. Also identified as the “Cidade Invicta”, Porto is famous for the sweet Port wine, produced exclusively in the Douro Valley and for the typical gastronomy. Investing in Porto Real Estate could be a good option if you are searching in the North of Portugal.

The city has a big diversity of artistic, cultural and historical traditions. It’s also internationally recognized by World Heritage List of UNESCO. Also, it was considered part of the World’s top 20 places for the good lifestyle by The Telegraph.

Transportation Facilities in Porto

In the city of Porto you going to find big variety of public transportations: metropolitan railway system – Metro, the city’s municipal bus operator –  STCP (Porto Public Transport Society) and the Portuguese typical tram. If you want to drive your car in the metropolitan area of Porto as around city be prepared for the traffic, specially in the rush hours. In some parts of Porto, you can easily drive your bike specially in the Bike Lane.

Nowadays, the Metro provides a total of 7 lines that connect all the Metropolitan Area, precisely the cities of Porto, Matosinhos, Maia and Vila Nova de Gaia. The STCP buses has more than 50 lines, traveling everyday around the Metropolitan Area. The “Andante” card allows you to travel comfortably in the Metro and in the STCP buses.

Living in Porto

The city promotes a good offer of cultural events all the year. Also, there you can find some international events, such as, the Porto International Film Festival “FantasPorto” – a famous event all over Portugal and Europe. In Boavista avenue you can find one of the major concert hall space, Casa da Música.

The festivity of Saint John, during the night from 23 to 24 June, is one of the most important catholic event in Portugal. All the city celebrates and you can find merry-makers singing and dancing all night. A typical tradition is whacking each other, in the head, with leeks.

In July there is a big “Francesinha” Festival in Porto. The “Francesinha” is a specialty made of slices of bread, cheese, meat and a special sauce. The origin of this plate is in Porto and, for that reason, you not going to find this plate, at least with the same quality, in other points of Portugal.

In the city you can find many sport events all over the year. In the Stadium of Porto FC, “Estádio do Dragão” and in the Stadium of Boavista FC “Estádio do Bessa XXI” you can watch the important football games of the Portuguese league. The Red Bull Air Races it’s also an important competition and attracts tourists from all around the world.

Best place to live in Porto

Porto is the second largest city in Portugal and big advantage of this city is the international Airport, just 15 kilometers to the north-west of the city center. Porto real estate offer is very immense, you have many possibilities and areas to live.

If you want the waterfront view just from your window, you can look at zones like Foz do Douro and Nevogilde. The price per square meter there is really high. Aldoar is near to this two areas, but not in the littoral zone. There you can find one of the biggest city park, the Parque da Cidade do Porto. If you are looking for a villa, this is the best zone, there is a big offer for all price variations.

Between the center and Foz do Douro there is Boavista. This area is settled around the Rotunda da Boavista and Avenida da Boavista. There is the Casa da Música, Faculty of Letters, the University, Institutes and many stores, restaurants and bars. The location of Boavista is considered one of the best in Porto and it’s for sure a good investment.

If you prefer living in the center of the city, it’s recommend living in Baixa, there you going to find a big commercial area, restaurants and bars. The Avenida dos Aliados and the Praça Carlos Alberto are the principal areas of the center. During the day the center of the city is always full of people and cars, for that reason, could be noisy. If you’re idea is buy an old building for renovation, this is a recommended area.

Living near to the Stadium (Campanhã) or near to the Shopping Cidade do Porto (Massarelos) it could be very expensive but a good way to have a quality life all the year. Both zones offer a good access and you can easily walk around, without driving your car or waste time in public transportation.

The parish of Bonfim was an industrial town, now you can still find the old factories, closed mostly. In this area was built precarious housing specially for the disadvantaged people. Nowadays, there is a big diversity of real estate in this zone.

You have many options, Porto is a giant capital and it’s full of live and movement. Enjoy the wheatear, the gastronomy, the palaces and the monuments. Living in one of the best European destination could be a unique adventure in your life, invest in Porto Real Estate and start now the experience in Portugal.

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