This cozy city in Portugal has just been named the best place to invest in Europe — and this lovely destination boasts stunning beaches. | Blog

This cozy city in Portugal has just been named the best place to invest in Europe — and this lovely destination boasts stunning beaches.

Recently, Portugal has been attracting the attention of many people. With its mild climate, numerous beaches, and affordable cost of living, this country has become a popular destination for retirees and digital nomads. However, as is often the case, property prices in highly sought-after areas like the capital city, Lisbon, and the mountainous region of Algarve have significantly increased. But this doesn't mean you should give up on your dream of buying a home in Portugal. According to a recent study fromInternational Livinga small townKaminyaIt was recognized as the best place for real estate investment in Europe due to its price-to-growth potential.

The town is located in the northwest of the country at the mouth of the Minho River, which separates Portugal and Spain, and it has a population of about16,000International Living awarded this city the highest score.10in the category of relative value and9"For the quality of life and stability.

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'Caminha, which is separated from Spain only by a river, simply enchanted me,' he says."Ronan McMahon, founderReal Estate Trend Alertand the authorGlobal Real Estate Index by International Livingin his interviewTravel + Leisure“This is a beautiful ancient city with picturesque surroundings, including mountains, rivers, forests, and fields abundant with vibrant flowers and fruitful trees. And, of course, the stunning beaches of the Atlantic.”

This ancient city is characterized by its unique charm, featuring fountains, churches, and other buildings constructed in the 16th and 17th centuries. Additionally, it is located just an hour and 15 minutes south of Porto, providing easy access to the international airport.Jeff UpdikeThe personal finance editor of International Living noted that Caminha is a "remnant of Portugal before tourism and modernity took over Lisbon, the Algarve, and Porto," where affordable real estate is still the norm.

Buyers can find apartments in the city center for just$150,000and individual houses — starting from$280,000Despite the fact that Camino has become the best place for investment in Europe, another direction has earned the title of leader in global real estate value: Mexico.Los CabosInternational Living recognized it as the top destination, receiving nearly perfect scores in categories such as income potential, climate, and international appeal. The Riviera Maya and Estepona in Spain, located on the famous coast.Costa del SolThey share third place.

You can see the full ranking on the website.internationaliving.com.