Porto is a coastal city in northwest Portugal known for its stately bridges and port wine production. Porto is Portugal's second-largest metropolis after Lisbon. The city has long been a top destination for wine lovers, but certainly has more to offer. Travellers can visit the city's wealth of museums, admire its varied architecture, relax in its verdant parks and, of course, hit the beach.
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Porto, as Portugal in general, tends to offer a much more affordable cost of living when compared to the majority of western Europe. The city is also generally more affordable than the capital of Lisbon.
Porto is home to many expats for its vast and famous wine production, beautiful bridges, and easy-going citizens.
Port wine is the most prestigious and well-known of the Portuguese wines and one of the most consumed in Europe.
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Funchal, the capital of the island, is the place to be. The city is not only the main tourist center, but also the political, economic and academic center where all higher education institutions, including the University of Madeira, are located. With a population of 105,795 inhabitants (data from 2021), Funchal is the main city of Madeira and has about 42% of the population of the entire archipelago.
Given the population density, the real estate market of Funchal is home mostly to apartments and villas, leaving aside tourist developments whose sector has a strong influence on the economic development of the region.
It is a historical region and one of the oldest neighborhoods in the city. It is on the banks of the Douro River and has a boardwalk full of bars and restaurants. Ribeira is an essential place to see.