
Major city in the Porto region. Average prices: €2,363/m². 68% below Lisbon prices.
Annual price growth: 4.5% · Forecast: positive · up
Area: Porto · town · Investment category: emerging · 57,000 apartments · 1,100 new units/year
Character and Identity: A city of living history. Its castle looks as if it came straight out of a Disney movie, with unique pointed turrets.
National Role: Hosts the largest medieval festival in the Iberian Peninsula ("Viagem Medieval"), attracting hundreds of thousands. Center of the cork industry (along with the south).
Historical Development: The castle was critical in the process of Portugal's independence. "Feira" means fair/market, indicating its ancient commercial importance.
Interesting Facts: The "Fogaça" is a sweet bread shaped like four turrets (like the castle), baked as a vow to end an ancient plague and celebrated every January in a procession where girls carry the bread on their heads.
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