Discover Porto Real Estate | Where and Why to Invest in Porto? скачать в хорошем качестве

Discover Porto Real Estate | Where and Why to Invest in Porto?

Situated along the coastlines of the River Douro Porto is one of the oldest cities in Europe It is the 2nd largest city in Portugal with a population of 2.4M people Since coming out from the economic crisis Porto’s tourism industry is booming For more video check out our Channel:    / @tiktakhouses7316   Website: https://tiktakhouses.com/portugal/porto Facebook:   / tiktakhouses   The city is in a favorable economic condition due to the boost in production, exports, and foreign investments The improved job market coupled with the rise in public spending have resulted in the rise of Porto’s property market Owing to the increasing demand for rentals and residential houses the market is developing at a steady pace With high standards yet affordable cost of living Porto attracts investors from all industries Expected to grow by 30% in the near future the average property prices range from €1,600 to €2,700/sqm Being Porto’s major revenue income tourism has a key impact on the rental market Monthly apartment rents range from €520 to €1,300 providing 5.8-7% yields for investors Foz do Douro – A reputable neighborhood with sought-after dwellings From waterfront houses to newly-constructed apartments the average property price is €2,000/sqm Ribeira – The best neighborhood to invest in rentals and commercial real estate Properties are in high demand with the median prices of €3,850/sqm Campanhã – An affordable district with great potential for medium and long-term appreciation the average price is at €801/sqm With rising demand and an upward trend in prices Porto’s real estate market is a BUY