
Growing city in Portugal with investment potential. Average prices: €1,952/m². 74% below Lisbon prices.
Annual price growth: 3.1% · Forecast: neutral · variable
Area: Portugal · municipality · Investment category: budget · 8,000 apartments · 200 new units/year
Character and Identity: The City of Glass. An industrial city with a strong and proud working-class heritage. It is surrounded by ancient pine forests.
National Role: The capital of Portugal's glass and mold industry.
Historical Development: King João V established the royal glass factory here in the 18th century, utilizing wood from the forests as fuel for the furnaces.
Interesting Facts: The city was one of the first centers of revolt against the dictatorship in 1934 and has a strong communist/syndicalist history.
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