Find your new life
Porto, the second largest city in the Portugal, has undergone a remarkable transformation in recent years. Renowned for its wines, historic architecture and warm atmosphere, Porto is attracting more and more people who want to move here, whether for work, study or retirement.
In this article, we'll explore why Porto has become a popular destination to live and invest in.
Although the tax advantages for foreigners are no longer in force, Porto's appeal is based on many other aspects: an unrivalled sweetness of life, a temperate climate, a still accessible real estate market, an affordable cost of living and a rich culture, not to mention a unique historical heritage.
Porto is located north of the Portugal, along the Douro River, and is divided into several distinct districts, each with its own character. The city is renowned for its iconic bridges, UNESCO-listed historic center, and cobblestone streets lined with colorful houses.
Porto is well served by transport, making travel easy and convenient. Francisco Sá Carneiro Airport offers direct flights to many major European cities and beyond. The rail network is also highly developed, with fast trains connecting Porto with Lisbon and other major Portuguese cities.
Public transport in the city includes a modern metro network, historic trams and efficient buses, providing comprehensive coverage of the city and surrounding areas. The road infrastructure is well maintained, making it easier to travel by car.
Porto offers a diversity of neighborhoods, each with its own features and advantages:
We wrote a full article on the best areas in Porto to live in and why, you can read it here!
Greater Porto includes several attractive cities that offer interesting alternatives to live or invest in:
To learn more about the cities around Porto, check out our article!
Porto enjoys a temperate climate, with mild winters and hot summers but bearable thanks to the proximity of the Atlantic Ocean. This favorable climate allows you to enjoy many outdoor activities throughout the year.
One of the major attractions of Porto is its relatively low cost of living compared to other major European cities. Basic necessities, restaurants and leisure are often more affordable, although some costs, such as electricity, can be comparable to those in countries such as France.
Porto is known for its laid-back vibe and friendliness. The locals, or "Tripeiros", are renowned for their hospitality and sense of community, making integration easy for newcomers. The city offers a pleasant pace of life, where you can relax in the cafes, stroll along the river or enjoy the local cuisine.
Porto is a fast-growing economic hub, attracting many international companies and startups. The job market is dynamic, offering many opportunities in various sectors. The city also welcomes many remote workers thanks to its robust digital infrastructure.
Porto offers a full range of quality services and amenities, ensuring a high level of living comfort for its residents. The healthcare system is excellent, with modern hospitals and private clinics offering high-quality care. Renowned international schools guarantee a top-notch education for expat families.
The city also has many shopping malls, luxury boutiques, and local markets, catering to all shopping and leisure needs. Sports facilities, including golf courses, tennis clubs and gyms, are plentiful and well-equipped.
Porto is a city rich in history and culture. Every corner tells a story, from the ancient alleys of the Ribeira to majestic monuments like the Torre dos Clérigos. The city has been able to preserve its heritage while embracing modernity, offering a unique setting where past and present coexist harmoniously.
Porto is also dynamic in terms of cultural and artistic events. The city is home to many museums, such as the Serralves Museum, which features an extensive collection of contemporary art. Art galleries, theatres and concert halls contribute to a rich and varied cultural life.
Annual events, such as the NOS Primavera Sound Music Festival and the Porto International Film Festival, attract thousands of visitors and enhance the city's appeal. Gastronomy is also a central part of Portuguese culture, with many food markets and restaurants offering a unique dining experience.
The Porto region offers a diversity of natural landscapes, from the beaches of the Atlantic to the green valleys of the Douro. Nature lovers can explore the UNESCO-listed Douro vineyards or enjoy the beaches of Matosinhos and Foz do Douro.
Porto's real estate market is dynamic and expanding. Despite an increase in prices in recent years, costs remain competitive compared to other major European cities. This growth is supported by a strong demand for quality housing in sought-after neighbourhoods, as well as investments in renovation and development projects.
In conclusion, Porto offers an attractive combination of quality of life, real estate opportunities and cultural richness. Whether you're looking to invest, work or enjoy retirement, Porto is a top destination in Europe. The city seduces with its authentic charm, friendliness and dynamism, making every day a new adventure.
