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Ribeira , the luxury real estate hotspot in Porto - Portugal

Portugal / Porto

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Ribeira

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Ribeira · Porto

Essentials of Ribeira

The Ribeira district is located in the old port city. It is an authentic, colourful and above all lively district, which attracts many tourists and investors from all over the world.

Its unique charm and its typical small houses allowed it to be classified as a UNESCO World Heritage Site.

It is pleasant to discover this district through its medieval streets, its small fountains and its quiet squares. It also houses many monuments including the magnificent Sao Francisco Church

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Local data and insights

Understanding the Ribeira market

Porto has long lagged behind the Lisbon and Algarve regions in development. Today, port has once again become one of the most dynamic cities in Europe and one of the most sought-after by foreign investors, which has enabled it to revive its real estate activity in recent years.

Porto seduces investors for its location on the banks of the Douro River, which offers magnificent views of the city and its many historic buildings. It is an ideal place to come and build a luxury house or a loft, and thus come and enjoy the authenticity of the city of Porto.

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Who buys?

The real estate market in Portugal attracts mainly foreign investors. Among them, we find in first position the French investors (25%), followed by the English with a little less than 20%, the Chinese (13%), the Brazilians (8%) then the Belgians (5%). As these figures show, the majority of foreign investors are of European origin.

Seasons

Low Season

Nov 01 – Feb 28

The autumn-winter in Porto remains a pleasant season. Temperatures may vary from 9 to 17 degrees. Winters are milder, even if January and February are cold. This is the ideal time to come and recharge your batteries, despite the occasional rain.

High season

Mar 01 – May 30

The period from March to May is a period of calm and sweetness. Temperatures are between 12 and 22 degrees. It is a pleasant period, ideal to discover the cultural aspect of the city. Moreover, the prices charged at this period are lower and the tourist frequentation also.

Peak season

Jul 25 – Jul 25

This is the best time to enjoy a holiday in the sun. It is a very busy season where the number of tourists is increasing a lot. Moreover, the prices charged are higher than the rest of the year. Temperatures can range from 16 to 28 degrees.

Around the destination

Discover other markets in Porto

Porto is the second largest Portuguese city after Lisbon with approximately 1.2 million inhabitants. The city of Porto is located in the northwest of the country, it is a coastal city, which sees the Douro River flowing directly into the Atlantic Ocean. The city of Porto is also home to vineyards of the same name, which produce two appellations of origin, the Porto and the Douro. The vineyards of Porto have been classified by UNESCO as a World Heritage Site.Porto is a fascinating city made of old houses and cobbled alleys. Like Lisbon, the city was built on the hills overlooking the Douro r...

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