
Charming Santarém town with affordable property prices. Average prices: €1,850/m². 75% below Lisbon prices.
Annual price growth: 2.5% · Forecast: positive · up
Area: Santarém · regional · Investment category: regional · 3,500 apartments · 50 new units/year
Character and Identity: A city that is entirely a shrine. Fatima is one of the most important Catholic pilgrimage sites in the world. The atmosphere is one of religious devotion, with crowds walking on their knees in the giant square.
National Role: The spiritual center of Portugal and a major engine of religious tourism.
Historical Development: In 1917, three shepherd children claimed that the Virgin Mary appeared to them. From a 'nameless village,' the place turned into a large city.
Interesting Facts: Some of the bullets from the assassin who attempted to murder Pope John Paul II are embedded in the crown of the Madonna statue in Fatima, in recognition of the claim that she saved his life.
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