
Growing city in Portugal with investment potential. Average prices: €2,363/m². 68% below Lisbon prices.
Annual price growth: 2.6% · Forecast: neutral · variable
Area: Portugal · municipality · Investment category: budget · 9,000 apartments · 200 new units/year
Character and Identity: "Christmas Town" – built in an amphitheater shape on the hillside. It has a romantic atmosphere and excellent wine.
National Role: A wine production center and the birthplace of the humanist Damião de Góis.
Historical Development: In the Middle Ages, it was an important city with a fortress. Today, it is mainly known for its local wine and annual Christmas market.
Interesting Facts: In December, the entire city is adorned, and the houses on the mountainside create the image of a giant nativity scene.
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