
Growing city in Portugal with investment potential. Average prices: €1,747/m². 76% below Lisbon prices.
Annual price growth: 2.7% · Forecast: mixed · stable
Area: Portugal · town · Investment category: budget · 12,000 apartments · 300 new units/year
Character and Identity: An intensive industrial city specializing in footwear. The character is direct and business-like, less pastoral than its neighbors.
National Role: The footwear capital of Portugal. Dozens of shoe factories export worldwide, and the industry constitutes the bulk of the economy.
Historical Development: The industrial revolution of the 19th century brought textile factories, which gradually transformed into shoe factories. Today, some of the prestigious brands in Europe are produced here.
Interesting Facts: The Pombeiro Monastery (Mosteiro de Pombeiro) from the 11th century is a magnificent Romanesque structure located within the city and contains rare ancient murals.
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