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24 Properties for sale in Porto

Porto Real Estate

Porto is a well-known city, located in the North of Portugal. It has a contemporary feel with antique buildings that make Porto real estate stand out from other cities around Europe. Porto’s rich culture and history can be seen through all its charm. It has vintage shops modern landmarks, top-class restaurants, and the famous Porto University. These are enough reasons to look for Porto homes for sale and settle there. You can find the details about Porto property for sale and buying property in Porto in this article. 

Advantages of Real Estate in Porto

There are several benefits of Porto real estate for people who are planning to buy a house in Porto. 

Excellent Tax Benefits

The Portuguese government offers a unique tax incentive for up to 10 years for non-habitual residents (NHR). The NHR scheme provides newcomers with tax benefits. It’s an enticing offer that should be considered when moving to Porto. Besides, there are no double taxes on employment, self-employment, or pension from abroad.

Affordable Properties for Sale in Porto

In comparison to other European locations, it is way cheaper to buy a house in Porto. The current trend in Porto property seems to indicate that prices will continue rising in the future. Don’t miss out on your chance at getting one great deal. The average price may start from €3,268 per square meter in Porto (April 2022 data). The apartments for sale in Porto city center may range from €200,000 to €2 million. It’s a great deal if you wish to buy Porto apartments or a villa.

What To Know Before Buying Property in Porto

While it’s true that buying a house in Portugal can be an exciting prospect, there are some important points to note.

Why Do You Invest in Porto Property?

You should have a list of reasons before you look for Porto property for sale. When you’re looking for Porto houses or Porto apartments for sale, think about the type of lifestyle. Will it be an investment property or not? How much rent are you expecting? Make sure you consider the local rental yields.

What Do You Expect From a Porto Property?

You should know what kind of Porto property for sale you’re looking for. Do you want Porto apartments for sale or a big luxury villa? How many rooms will suffice your needs? It’ll help you find the right Porto houses for sale. 

What Is Your Budget for Porto Real Estate?

Before you set up appointments for Porto houses, define your budget. Remember that property taxes and bank transfer fees are additional expenses in most cases, so stay on top of tax updates before they happen. Do research into what kind of investment will work best with the current market conditions. Now it’s time to learn more about locations where to buy Porto houses for sale.

Where To Buy a House in Porto?

When you’re looking to buy a property in Porto, the location must be right. There are many different  Porto apartment options close by and far away from city life.

  • Boavista

Boavista offers luxurious condominiums around the City Park. You may also find villas for sale in Porto with massive gardens, skylights, and swimming pools. The area also has great schools, transportation, and services.

  • Marginal do Freixo

This is the most tourist-friendly location; however, it may not have any new construction options. Connected to the historic center of Freixo, this location is a wonderful choice if you want to make a real estate investment in the city.

  • Lordelo do Ouro

If you wish to buy an apartment in Porto, Lordelo does Ouro may be the perfect location. Most of the properties have a terrace or balcony to enjoy the view of the Douro River. It is also just ten minutes away from the beach and downtown.  We hope that this article answers your questions about Porto real estate for sale and how to buy them.