
Charming Castelo Branco town with affordable property prices. Average prices: €1,439/m². 81% below Lisbon prices.
Annual price growth: 2.6% · Forecast: neutral · stable
Area: Castelo Branco · town · Investment category: budget · 9,000 apartments · 150 new units/year
Character and Identity: The city of cherries. In spring, the entire valley is painted white from the cherry blossoms.
National Role: The national supplier of cherries and a hub for attracting digital nomads and startups to the interior of the country.
Historical Development: A city of many crypto-Jews.
Interesting Facts: The city is aggressively investing in becoming the 'Silicon Valley' of the mountains to combat youth departure.
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