
Charming Santarém town with affordable property prices. Average prices: €1,439/m². 81% below Lisbon prices.
Annual price growth: 2.0% · Forecast: neutral · stable
Area: Santarém · regional · Investment category: regional · 1,500 apartments · 20 new units/year
Character and Identity: The 'world cork capital', surrounded by endless cork oak forests. Very hot in summer.
National Role: Center of the cork industry, Portugal's important export product.
Historical Development: The bridges over the Sorraia River were vital for transportation.
Interesting Facts: There is a special cork observatory (Observatório do Sobreiro) demonstrating the technology and ecology of this unique tree. Part D: Alentejo – The golden plains, land of plains, heat, cork trees, and time that stood still. The largest but most sparsely populated region.
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