There are many reasons that place Porto at the top of the list for residential property. Living in Porto is to live in a cosmopolitan city that rivals many world cities, with it able to be simultaneously popular, genuine, and authentic.
The city was a forerunner in urban rehabilitation, almost 20 years ago, and it has been fully renovated without having lost its essence. In the streets of the historic centre, Baixa and Ribeira, modern concepts in terms of restaurants and shops coexist with traditional businesses and historic buildings, while monuments sit harmoniously alongside cutting-edge residential developments, offices, and tourist accommodation.
One of the best examples of this fusion of old and new is Mercado do Bolhão, a historic market located in the heart of the city that has been successfully refurbished and is now an unmissable anchor for visitors and residents alike. Numerous international corporations such as Siemens, Natixis and IBM and the research and technology centre of Microsoft have chosen the city to set up their operations centres.
The recovery of the residential function of the historic and central areas of the city was one of the most positive outcomes of the whole transformation of Porto. Baixa, Aliados and Ribeira, among others, are now very attractive destinations to live in and are currently receiving a lot of investment in the sector, offering a cosmopolitan lifestyle, centrality and, in some cases, a close relationship with nature.
Aurios is one of the projects that best embodies this spirit. Located on the grounds of the historic Quinta da China, overlooking the river Douro, this exclusive project offers 26 villas and 22 apartments, all with views of the river. Properties vary between 3 and 5-bedroom duplex apartments, in a condominium with great amenities such as garden, swimming pool, gym, Turkish bath, and sauna, as well as a padel tennis court and convenience areas such as reception and communal leisure room.
The new face of the city has also had the contribution of nearby areas, such as Leça da Palmeira, in Matosinhos, a traditional residential destination, with a strong connection to the sea, near the beach, and very well served in terms of access, shops and services. For all these reasons, and because it is just 15 minutes from the centre of Porto, this is an area with strong demand for housing, the Flower Tower being one of the most prominent projects, the second building of this development which is currently being launched.
The Flower Tower Camélia will offer 134 one to 3-bedroom apartments, making it not only a very interesting option for families, but also for those who wish to invest in a property as a way of guaranteeing yield. The sales success of the first tower speaks for itself and leaves no room for doubt about the development's attractiveness and the appeal of the entire area.
To learn more, please contact JLL.
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