
Charming Portugal town with affordable property prices. Average prices: €4,316/m². 42% below Lisbon prices.
Annual price growth: 3.3% · Forecast: mixed · stable
Area: Portugal · municipality · Investment category: budget · 6,000 apartments · 200 new units/year
Character and Identity: "The most beautiful of the Algarve women". An elegant city crossing the Gilão River, with unique pyramid-shaped tile roofs (Tesouro).
National Role: A model for quality and quiet tourism.
Historical Development: It was the most important port in the Algarve until the river was silted up.
Interesting Facts: The famous "Roman" bridge is actually from the medieval (Moorish) period, but the name stuck.
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