Revolut Logo
Revolut Ultra offers premium banking with global perks like lounge access, data, subscriptions, and insurance, ideal for frequent travelers.

Unlock £5k+ benefits.

Affiliate disclosure

Portimão, Portugal 🇵🇹
#1889 ,

Nomad Score: 72%

Essentials

🏙️ City Portimão, a coastal city in the Algarve region of Portugal, is known for its stunning beaches and vibrant marina.
👥 Population Approximately 55,000
💻 Internet Speed Average of 100 Mbps (Fiber Optic available in many areas)
💸 Currency & Banking Euro (EUR); 1 EUR ≈ 1.10 USD
🚰 Tap Water Drinkable, but many locals prefer bottled water.
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Providers include MEO, NOS, and Vodafone with various prepaid options.
💳 Banking for Expats Banks like Novo Banco and Millennium BCP cater to expats; online options like Revolut are also popular.
🛌 Accommodation Available through Airbnb and local rental agencies; options range from luxury apartments to budget hostels.
💳 Cashless Friendly Yes, cards accepted widely, but keep some cash for markets.
🏠 Short Term Rentals Airbnb and local agencies offer extensive short-term rental options.
🛏️ Budget Accommodation Hostels like HI Hostel are popular among travelers.
🏙️ Best Area to Stay for Tourists Praia da Rocha area is ideal for beach access and nightlife.
🏙️ Best Area to Stay for Digital Nomads City center, where cafes and coworking spaces like 'Cowork Algarve' are located.

Working and Networking

🏢 Best Coworking Space Cowork Algarve, praised for its fast internet and creative atmosphere.
Best Cafe for Work Café Restaurante O Rascunho, with good coffee and free Wi-Fi.
💼 Networking Events Local meetups often organized via Facebook groups for digital nomads.
🥂 Social Events for Expats Community gatherings are commonly held at Portimão Marina.

Transportation

🚕 Best Taxi/Ride App Uber is available and widely used in Portimão.
🚲 Bike/Scooter Rental Scooter rentals available at several shops near the beach.
🏖️ Best Beach Nearby Praia da Rocha, just a short walk from the city center.
✈️ Top Regional Airline Ryanair and TAP Air Portugal serve Faro Airport, the nearest major airport.
✈️ Top International Airline Lufthansa and KLM operate flights to Faro from major cities.
🛣️ Highway Access A22 highway provides access to other Portuguese cities along the Algarve.
🚉 Main Train/Transit Hub Portimão Train Station connects to Faro and Lisbon.
🚍 Public Transport Passes Single tickets available, and passes can be purchased for multiple rides.
✈️ Regional Travel Bus services (BOL) facilitate transit to nearby towns and cities.

Health and Wellness

🏥 Best Hospital Hospital de Portimão, offering comprehensive healthcare services.
🧘 Yoga & Wellness Centers Santos Yoga, known for its beachfront classes.
🏋️ Gyms & Fitness Centers Gymnasium Portimão features various equipment and classes.
🧺 Laundry Services Lava Tudo provides laundry services throughout the city.

Food and Drink

📱 Best Food Delivery App UberEats operates in Portimão, delivering a variety of cuisines.
🍽️ Best Local Dish to Try Cataplana de Marisco, a seafood dish native to the Algarve.
🍱 Vegan/Vegetarian Options The Green Spot offers a variety of organic vegetarian dishes.
🍫 Best Dessert Spots Gelato d'Itália for homemade ice creams and pastries.
🛒 Affordable Shopping Spots Mercado Municipal is great for fresh local produce.
🛒 E-commerce/Online Store Amazon and local online stores provide delivery options.
🛒 Grocery Delivery Continente offers grocery delivery services.
🍸 Bar/Nightlife Area The Strip in Praia da Rocha is lively at night with various bars.
🍻 Local Brewery Cerveja do Algarve produces local craft beers.
🍷 Wine Bars Vinho Verde offers a selection of local wines and tastings.
🍲 Street Food Stalls Stalls at local markets serve fresh seafood and pastries.
🍕 Popular International Cuisine Restaurants like Akropolis offer Mediterranean dishes.

Culture and Attractions

🎟️ Must-See Landmarks The historic Fort of Santa Catarina is essential.
🏛️ Museums & Art Venues Museu de Portimão showcases local history.
🏰 Historical Sites The Igreja Matriz de Portimão, a beautiful church, is notable.
🕍 Religious Sites Capela de Nossa Senhora da Conceição is a local chapel worth visiting.
🎉 Annual Events Portimão hosts the annual Seafood Festival in September.
🎨 Cultural Districts The old town of Portimão has numerous cultural sites.
🎭 Theater Venues TEMPO - Teatro Municipal de Portimão hosts various performances.
🛍️ Local Markets Mercado Municipal de Portimão for local crafts and food.
🎼 Music Scene Local bars often feature live Fado music.
🎨 Street Art Several murals can be found throughout the city.
🧑‍🍳 Cooking Classes Classes at the local community center feature Algarve cuisine.
👩‍🎨 Art Galleries Galeria Trem is known for showcasing local artists.
🕰️ Historic Buildings Casa Manuel Teixeira Gomes, a historical residence.
🏴 Local Heritage The region's fishing heritage is celebrated in local festivals.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes The Costa Vicentina Natural Park offers stunning coastal views.
🏞️ National Parks Nearby Monchique Mountains provide hiking trails and scenic views.
🚲 Cycling/Walking Paths The Algarve's coastal path offers beautiful scenery for biking and walking.
🌄 Scenic Viewpoints The Cape St. Vincent offers breathtaking views.
🦉 Birdwatching Locations Ria de Alvor nature reserve is ideal for birdwatching.
🔥 Bonfire-Friendly Spots Many beaches allow bonfires on designated areas.

Other Services and Amenities

📦 Parcel Delivery Service CTT and DHL provide reliable services for parcels.
🛠️ Tech Repair Services Techfix and local phone shops offer repair services.
🏓 Table Tennis Spots Outdoor public tables located in several parks.
🧑‍🏫 Language Classes Language classes available at the local community center.
📚 Libraries & Study Spots The Biblioteca Municipal is a quiet place to study.
🏘️ Community Centers Centro Cultural de Portimão offers various activities.
🕹️ Gaming Lounges Local gaming cafes like Cyber Café are popular.
🎰 Casino & Gaming Halls Casino Algarve located nearby offers gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €2,500 per m² (e.g., 40 m² = €100,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,000 per m² (e.g., 40 m² = €80,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €2,800 per m² (e.g., 60 m² = €168,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,200 per m² (e.g., 60 m² = €132,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,000 per m² (e.g., 80 m² = €240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,400 per m² (e.g., 80 m² = €192,000)
💼 Corporate Tax 21%
💵 Dividend Withholding Tax 28%
🏦 Tax System Progressive income taxation system.
📈 Highest Income Tax Bracket 48%
🧾 VAT 23%
🌐 Controlled Foreign Company (CFC) Rules Yes, Portugal has regulations on foreign income.
🏠 Property Tax Annual property tax based on the municipal valuation.
🏠 Property Transaction Tax 6% standard rate for property purchases.
💻 Attractive Tax System for Digital Nomads Non-habitual residency offers reduced tax rates for foreign income.

Feedback Thank You!

Thank you!

Your feedback has been submitted successfully.