Nomad Score: 77%

Essentials

🏙️ City Porto, a coastal city in northwest Portugal, is known for its stunning architecture, historic bridges, and port wine.
👥 Population Approximately 214,000 residents.
💻 Internet Speed Average internet speed is around 100 Mbps.
💸 Currency & Banking 1 EUR ≈ 1.07 USD. Local banks include Caixa Geral de Depósitos and Millennium BCP.
🚰 Tap Water Drinkable.
🔌 Power 230V, 50Hz, 🔌 Type C/E sockets.
📶 SIM Card Providers include MEO, NOS, and Vodafone.
💳 Banking for Expats Popular options include Revolut, N26, and local banks like Millennium BCP.
🛌 Accommodation Airbnb, Spotahome, and various local rentals are available.
💳 Cashless Friendly Yes, cards accepted widely.
🏠 Short Term Rentals Airbnb and local agencies provide many options.
🛏️ Budget Accommodation Hostel da Praça, starting from €20 per night.

Working and Networking

🏢 Best Coworking Space Cowork Central, located in downtown Porto.
Best Cafe for Work Muuuu! Coffee, known for its great atmosphere and reliable Wi-Fi.
💼 Networking Events Events hosted through Meetup.com and co-working spaces regularly.
🥂 Social Events for Expats Facebook groups like 'Expats in Porto' organize meetups.

Transportation

🚕 Best Taxi/Ride App Bolt and Uber are popular options.
🚲 Bike/Scooter Rental Bicycle rentals available through local shops like Porto Bike Park.
🏖️ Best Beach Nearby Matosinhos Beach, approximately 15 minutes by metro.
✈️ Top Regional Airline TAP Portugal operates in the region.
✈️ Top International Airline Ryanair and EasyJet connect Porto to major cities.
🛣️ Highway Access A1 and A28 highways nearby for quick access.
🚉 Main Train/Transit Hub São Bento Station, a beautiful historic station.
🚍 Public Transport Passes Andante passes for metro, bus, and tram, starting at €1.20.
✈️ Regional Travel Trains to Lisbon and Braga available via Comboios de Portugal.

Health and Wellness

🏥 Best Hospital Hospital de São João, a major healthcare facility.
🧘 Yoga & Wellness Centers Yoga Sobre o Porto offers classes for all levels.
🏋️ Gyms & Fitness Centers Fitness Hut and Holmes Place located around the city.
🧺 Laundry Services Lava & Leva, self-service laundromat with reasonable prices.

Food and Drink

📱 Best Food Delivery App UberEats and Glovo are popular for food delivery.
🍽️ Best Local Dish to Try Francesinha, a local sandwich, can be found at Café Santiago.
🍱 Vegan/Vegetarian Options DaTerra offers an all-you-can-eat buffet with vegetarian options.
🍫 Best Dessert Spots Chocolateria das Flores for artisanal chocolates.
🛒 Affordable Shopping Spots Mercado do Bolhão, a historic market for fresh produce.
🛒 E-commerce/Online Store Pingo Doce and Continente offer online grocery shopping.
🛒 Grocery Delivery Lidl and Continente provide delivery services.
🍸 Bar/Nightlife Area Ribeira district is lively with bars and clubs.
🍻 Local Brewery Cervejaria Ramiro for traditional beers.
🍷 Wine Bars Wine Quay Bar offers a great selection of local wines.
🍲 Street Food Stalls Cais da Ribeira hosts various local street food vendors.
🍕 Popular International Cuisine Zenith Café for brunch and international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Dom Luís I Bridge and Livraria Lello are iconic spots.
🏛️ Museums & Art Venues Serralves Museum of Contemporary Art is a must-visit.
🏰 Historical Sites São Bento Railway Station is famous for its azulejos.
🕍 Religious Sites Clérigos Tower and Church are significant landmarks.
🎉 Annual Events São João Festival in June attracts many visitors.
🎨 Cultural Districts Miguel Bombarda Art District is known for its galleries.
🎭 Theater Venues Teatro Nacional São João hosts performances year-round.
🛍️ Local Markets Mercado do Bolhão for local produce and specialties.
🎼 Music Scene Casa da Música hosts concerts and music events.
🎨 Street Art Mural art in the Cedofeita area is vibrant and notable.
🧑‍🍳 Cooking Classes Taste Porto Food Tours offers local cuisine classes.
👩‍🎨 Art Galleries Museu de Arte Contemporânea has rotating exhibits.
🕰️ Historic Buildings Palácio de Cristal is both a historical and scenic site.
🏴 Local Heritage Porto Wine Cellars reflect the region's rich wine culture.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Peneda-Gerês National Park is a 90-minute drive away.
🏞️ National Parks Nearby Serras do Porto offer beautiful hiking trails.
🚲 Cycling/Walking Paths Caminho de Santiago for scenic views and history.
🌄 Scenic Viewpoints Miradouro da Vitória has panoramic views of the river.
🦉 Birdwatching Locations Estuário do Douro for diverse bird species.
🔥 Bonfire-Friendly Spots Parks such as Parque da Cidade offer spaces for gatherings.

Other Services and Amenities

📦 Parcel Delivery Service DHL and CTT (Portuguese Post) available for shipping.
🛠️ Tech Repair Services iRepair is a reliable tech repair option.
🏓 Table Tennis Spots Table Tennis Club Porto offers practice and games.
🧑‍🏫 Language Classes Instituto Camões provides Portuguese language classes.
📚 Libraries & Study Spots Biblioteca Municipal do Porto is a quiet study location.
🏘️ Community Centers Centro de Educação Popular hosts various community events.
🕹️ Gaming Lounges Ludens is a popular spot for gamers.
🎰 Casino & Gaming Halls Casino de Espinho is nearby for gaming and entertainment.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,500 per m² (e.g., 40 m² = €140,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 40 m² = €112,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,200 per m² (e.g., 60 m² = €192,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 60 m² = €150,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,000 per m² (e.g., 80 m² = €240,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,300 per m² (e.g., 80 m² = €184,000)
💼 Corporate Tax 21%.
💵 Dividend Withholding Tax 28%.
🏦 Tax System Progressive tax system for residents.
📈 Highest Income Tax Bracket 48%.
🧾 VAT 23%.
🌐 Controlled Foreign Company (CFC) Rules Yes, strict rules apply.
🏠 Property Tax Yes, based on property value.
🏠 Property Transaction Tax 6% standard rate, 0% for first home.