
Charming Guarda town with affordable property prices. Average prices: €1,387/m². 81% below Lisbon prices.
Annual price growth: 2.7% · Forecast: neutral · stable
Area: Guarda · town · Investment category: budget · 7,800 apartments · 120 new units/year
Character and Identity: The western gateway to the Star Mountain. A city of nature, snow, and cheese.
National Role: Center for the production of "Serra da Estrela Cheese" (Queijo da Serra), the most famous cheese in Portugal.
Historical Development: A tourist center for skiing and mountain hiking.
Interesting Facts: The Bread Museum (Museu do Pão) in the city is one of the most successful private museums in the country.
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