Porto is 2nd global destination in luxury estate, as stated by 2019 Global Property Handbook from BARNES
Article
![#mno_miragaia.jpg](https://www.porto.pt/_next/image?url=https%3A%2F%2Fmedia.porto.pt%2Foriginal_images%2Fmno_miragaia.jpg&w=730&q=85)
According to the 2019 Global Property Handbook from BARNES, Porto is the second city on the top destinations for the greatest investors in luxury estate, second only to another Portuguese city, Lisbon.
Porto is highlighted as an attractive destination, the "city to keep a close eye on" and "a city that should be discovered as of now so as to find the best opportunities to invest or live in", as "it is a city that is very active and features a very dynamic economy and sound growth".
Porto is for the first time listed in the "Top 50 cities index" of 2018 that have recorded exponential growth in this sector during 2018.
The Invicta attracts a new international and haut de game clientele, and excellence-driven investors.
The clientele is still mainly Portuguese, but the French are increasingly interested in investing in Porto, and the English and the Northern Europeans are more into the Invicta. They are after the cultural richness of Porto and the centennial azulejos (tiles) and whatever borough one chooses to invest in it is close to Porto Airport with "airlines opening routes at a regular basis".
Porto Airport was voted the best in Europe in 2017, in the category of five to 15 million passengers and the third best in the category of more than two million passengers by Airports Council International. ACI Europe represents more than 500 airports in 45 countries, and is in charge of handling over 90 percent of commercial air traffic in Europe and for processing more than 1.9 billion passengers annually.
Porto is evermore chosen by international decision makers as a headquarters to their European operations and "a city to keep a close eye on", as stated by Thibault de Saint Vincent President de Barnes International, on the occasion of the presentation of the 2019 Global Property Handbook from Barnes, in the Spanish capital.
"The case of Portugal shows the impact that government and local policies have when it comes to international investments", explained Thibault de Saint Vincent.
The Mayor of Porto, Rui Moreira launched InvestPorto in 2015, the municipal entity responsible for attracting investment into the city, providing investors with a wide range of specialized services before, during and after the initial investment process.
In its first year of activity, the office has worked in 154 investment proposals from all over the world, and is currently monitoring a large portfolio of projects, including 40 large operations representing more than 7,000 qualified jobs - in sectors such as Information technology, engineering, shared services, finance, agro-industrial, real estate, tourism, environment and biotechnology, in addition to a number of other initiatives aimed at making the city increasingly competitive and welcoming for investment with high added value.
A modern Porto, highly innovative, contemporary and evermore proud of its strong tradition. This is how the city presents itself to the world, a city of great opportunities, rich in cultural heritage and three times ranked as European Best Destination, in 2012, 2014 and in 2017.
The city of Porto is a competitive and excellent city to invest, live and work, as indicated by the 2019 Global Property Handbook from BARNES.
Madrid ranks third making it an Iberian cities' podium for cities with the best growth over the last year.