Country Overview

Portugal, situated on the western edge of the Iberian Peninsula, is one of Europe’s oldest nations. Its history dates back to the early 12th century when it emerged as a kingdom. During the Age of Discoveries in the 15th and 16th centuries, Portuguese explorers like Vasco da Gama and Ferdinand Magellan expanded the country's influence globally, establishing a vast maritime empire. Portugal's contributions to navigation, trade, and culture have left a lasting legacy, making it a significant player in European history.

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Economics

• GDP: Approximately $252 billion.

• Average Salary per Consumer Class and Total of Individuals per Class:

  • Low-income: €10,000-€15,000 per year (30% of the population)

  • Middle-income: €20,000-€35,000 per year (50% of the population)

  • High-income: €40,000+ per year (20% of the population)

• Key Industries: Tourism, agriculture (wine and cork), textiles, technology.

• Cost of Life Index within EU Countries: Portugal has a lower cost of living compared to the EU average, with affordable housing, food, and services.

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Regions Climate Average Temperature

• Lisbon: Mediterranean climate, average annual temperature 17.5°C (63.5°F).

• Porto: Mediterranean climate, average annual temperature 15.2°C (59.4°F).

• Algarve: Mediterranean climate, average annual temperature 18.2°C (64.8°F).

• Alentejo: Mediterranean climate, average annual temperature 16.5°C (61.7°F).

Farm Real Estate Business

• Average Cost per m²: €0.50-€2 in rural areas, €5-€15 near urban areas.

• Average Farm Area Size: 20-50 hectares in rural areas.

• Opportunities: Investment in vineyard properties, eco-tourism farms, and organic farming.

Horse Industry

• Detailed Local Equine History: The Lusitano breed is central to Portuguese equestrian history, known for its use in classical dressage and bullfighting.

• Local Horse Breeds: Lusitano.

• Total Number of Horse Riders: Approximately 25,000.

• Key Cities: Lisbon, Porto, Golegã.

• Total Number of Horses: Approximately 85,000.

• Current Equine Tourism and Opportunities: Riding holidays in Alentejo, the Golegã Horse Fair, and the Portuguese School of Equestrian Art in Lisbon. Opportunities lie in luxury riding holidays, promoting Lusitano horses, and expanding equestrian facilities.

• Current Financial Worth of the Local Horse Industry: Approximately €150 million annually.

• Expected Growth for the Next 5 Years: Expected to grow by 10-15%, driven by international interest in Lusitano horses and equestrian tourism.

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