Guide to buying luxury property in portugal: porto

Luxury real estate portal FinestGlobal.com offer tips and advice on the world's top high-end real estate hotspots.

Porto is the second-largest urban area in Portugal. Located on the Douro river, it is not just a UNESCO World Heritage Site but also a Global City, according to the World Cities Study Group. With an economic ranking alongside Madrid, Barcelona and Lisbon, plus a wealth of cultural history, Porto is a popular place for tourists but also house hunters looking for something a little more exclusive than the average buyer.

Planning to pick up a prestigious Portugal home?

Here is Finest Global’s essential background information for buying luxury property in Porto.

Climate

“Mediterranean” is the best word to describe Porto’s climate. It may not be located on Portugal’s famous Algarve Coast but it shares their hot summers and mild winters. Rain is more common than in the south, but sun and warmth are never far away, while the beaches offer a cool escape from the humidity of the city Centre.

Lifestyle

With the whole of a UNESCO World Heritage Site to explore, Porto is a place with endless activities, culture and attractions for visitors, holiday home owners and expats alike. The attractive climate, unique cuisine and ease of connections to other cities and countries have all boosted its appeal to house hunters. Porto was ranked the third most livable city in the world by Expresso - and with good reason.

Economy

An industrial hub for the country, Porto is an economic Centre to rival the importance of Lisbon. Home to companies and wealthy investors alike, it is famous for its export of fortified wine, Port, but for those keen to buy a piece of Portuguese culture in a major global destination, the financial stability of the area is equally easy to swallow.

For more information on luxury property in Portugal, and other countries, visit http://www.FinestGlobal.com