
Charming Portugal town with affordable property prices. Average prices: €4,932/m². 33% below Lisbon prices.
Annual price growth: 2.4% · Forecast: neutral · variable
Area: Portugal · municipality · Investment category: budget · 2,500 apartments · 150 new units/year
Character and Identity: A global surfing powerhouse and a charming fishing village. A blend of adventure sports and maritime tradition.
National Role: One of two surfing destinations in the world recognized as a World Surfing Reserve.
Historical Development: A fishing village that became an international surfing destination. From here, King Manuel II fled in 1910 after the republican revolution.
Interesting Facts: The last king boarded a ship at the small port and never returned to Portugal. The waves here are considered among the best in Europe.
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