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PORTO 2ND BEST CITY TO INVEST IN EUROPE

Porto
Porto has just been ranked as the second most economically attractive city in Europe by the famous French agency Barne

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PORTO 2ND IN THE RANKING OF THE MOST ATTRACTIVE CITIES

Porto has just been ranked second among Europe's most economically attractive cities by the renowned French agency Barne. Each year the Barne Group classifies cities with a high attractiveness real estate and economic.

This year, Porto took second place, ahead of cities such as Madrid and London. A first in the city's history.

The most popular districts

La Sé, Cedofeita and Bonfim are the most sought-after districts for foreign investors. The historic architecture of the buildings and their spaciousness are real assets.

What is the clientele?

It is mostly Portuguese, but more and more French people are investing, just like the Brazilians.

The market price

The prices of the m2 are included between 4000,00€ and 5000,00€ in the most quoted districts. The rental prices can reach even more depending on the neighborhoods and the typology of the prices included between 1500,00 and 2000,00€ for a T2 and for a T4 located in the Foz do Douro count 6000,00€.

Barnes also emphasizes Porto's optimal geographical location, served by theairport who open new lines every month.

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Taxation

Raising Portugal's minimum wage

The Portuguese government recently announced an increase in the national minimum wage (SMN) to 870 euros gross per month over 14 months.

Setting up a business in Portugal

With its attractive tax system, competitive cost of living and privileged access to the European market, Portugal is a strategic destination for developing your business. Find out how setting up your company in Portugal can complement your international expansion.

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