Once known primarily for its famous port wine, the northern Portuguese city of Porto is quickly gaining popularity among expats seeking a better quality of life, strong digital infrastructure, and exciting investment opportunities. In recent years, Porto has emerged as one of Europe’s most attractive destinations for international residents — and it’s easy to see why.
A booming economy and digital hub
Porto is now recognised as an emerging centre for digital business and innovation. In 2025, fDi Intelligence named Porto the Best European City for Foreign Direct Investment (FDI) Attraction, a title driven by the city’s growing role as a hub for scientists, technologists, engineers, and entrepreneurs. Over €2 billion in foreign direct investment projects have helped create around 28,000 jobs, making the city a hotspot for expats looking for professional opportunities.
The Porto Metropolitan Area contributes a significant 16.2% of Portugal’s GDP, underlining its economic importance. This financial success is also reflected in the property market. Porto experienced a 7.8% year-on-year increase in house prices in Q4 2024, with property sales jumping by 19% to reach 6,800 units.
Lifestyle, culture, and family-friendly living
Porto’s charm lies in its perfect blend of historic beauty, modern infrastructure, and a laid back lifestyle. The city offers stunning architecture, a thriving gastronomic scene, and a welcoming community — all qualities that resonate with expats of all ages.
According to Christina Hippisley, General Manager of the Portuguese Chamber of Commerce in the UK:
“Porto delivers a charming blend of historic architecture, gastronomic delights and contemporary dynamism. It’s a winning combination for entrepreneurs looking to relocate from the UK, with an impressive digital economy and a laid back, family-friendly lifestyle that is a hit with expats of all ages.”
With high-quality healthcare, excellent schools, fast internet speeds, and a growing international population (now over 69,000 foreign residents in the metro area), Porto is perfectly suited for families and remote workers alike.
Investment opportunities and new developments in Porto
Porto’s thriving economy and growing international appeal have turned the city into a hotspot for property investment. From elegant apartments in the historic centre to modern developments in areas like Foz do Douro and Vila Nova de Gaia, the city offers diverse opportunities for buyers.
Ongoing urban regeneration projects are transforming neighbourhoods with sustainable, design-led residential complexes that appeal to expats and investors alike. The strong demand for both short- and long-term rentals, fuelled by tourism, remote workers, and students, also makes Porto an attractive choice for rental yields.
Beyond the city, the Douro Valley presents unique investment potential in luxury homes, wine estates, and agrotourism properties. With property prices continuing to rise, Porto stands out as a dynamic market offering both lifestyle and solid returns.
Find new homes and developments for sale in Porto
Sustainable living and easy connections to the UK
Sustainability is a priority for many expats, and Porto leads the way. The city has already reduced emissions by 57% since 2004 and is on track to reach net zero by 2030 — two decades ahead of the EU’s target.
Connectivity is another reason expats are choosing Porto. The city is just a 2.5-hour direct flight from the UK and also easily accessible via ferry through Santander and Bilbao for those looking for more sustainable travel options.
Discover more about moving to Porto
For expats considering a move, Porto offers the ideal mix of economic opportunity, cultural vibrancy, and quality of life. Whether you're drawn to its booming tech scene, scenic countryside, or sustainable living, Porto is fast becoming one of Europe’s top relocation destinations.
For property buyers, Porto’s thriving real estate market presents plenty of opportunities. From stylish city apartments to riverside villas and countryside retreats just outside the city, there are homes to suit every lifestyle and budget. Areas like Foz do Douro, Boavista, and the Douro Valley are particularly popular among expats for their blend of luxury, nature, and easy access to the city centre.
Ready to start your search? Find property for sale and rent in Porto on idealista and discover your dream home in northern Portugal.