Portuguese families encourage the real estate in Oporto

Porto is a name on the lips of the world for the best reasons. It is a cosmopolitan city that offers employment and leisure in the right balance, and there is no lack of easy access to schools, services, and green spaces. It is, therefore, a city that continues to attract a growing number of families to live and work in Porto. This dynamic is reflected in the rising prices of houses, both in the municipality of Invicta and in Greater Porto.

There are also an increasing number of companies that have been attracted to the charms of this city. And many from the real estate and home automation sectors will be gathered at Imobinvest – Salão do Imobiliário, which will begin this Friday, March 25, 2021, at Alfândega do Porto. Idealista news went to measure the pulse of the residential market in the municipality of Invicta and Greater Porto.

Situated in the North region of Portugal, Porto is an outstandingly beautiful municipality beside the Douro River. Susana Rodas, Director of Marketing & Sales at Antas Atrium (Albatross|Quantico), spoke to idealista/news and summarised it perfectly: “This is an increasingly cosmopolitan city, with an attractiveness and quality of life at the level of European reference cities. There is a vibrant economic activity at a business level and a growing capacity to create and maintain jobs,” she said.

“Security, mobility, the offer of schools and quality of healthcare in Porto,” along with the “character and genuineness of the people who live there,” are points highlighted by Rita Apolinário, responsible for the business of real estate agent Habita. And she does not forget the entrepreneurship that is felt in this municipality, not least because: “Porto is also recognised as attractive for start-ups.”

Regarding Greater Porto, João de Sousa Alves, managing director of real estate developer JMSA, even considers that this is “one of the best places in the country to live”. And there are several reasons that explain it. “Here, we find a group of medium-sized municipalities that complement each other through their commercial and industrial valances,” says Domingos Silva, managing partner of the real estate company Predial Parque. He continues: “This dynamic is attracting a growing number of people, due to its diversity, security, and quality of life. Families from different areas, national and international, wish to set up residences there.”

Source: Idealista