Location and Characteristics

  • Employment rate: 46,14 %
  • Unemployment rate: 11,84 %
  • Average salary: 1 007 €
  • Median household income: 13 291 €
  • Commuting: 14,53 %
  • Consumer price index: 122 €
  • Average sales value per m2: 2 803 €
  • Average sales value per m2 T1: 3 111 €
  • Average sales value per m2 T2: 2 708 €
  • Average sales value per m2 T3: 2 447 €
  • Average rental value per m2: 11 €
  • Cost per restaurant meal: 144 €
  • Medium supermarket basket: 139 €
  • Transport cost: 118 €
  • Average annual temperature: 16 ℃
  • Buildings With Wheelchair Accessibility: 34,96 %
Disclaimer: Data sourced from INE. Information subject to change.

Known for its diversity, Paranhos combines residential, commercial, and educational areas, offering its residents an excellent quality of life. The parish is well-served by an efficient public transport network, including several metro stations and bus lines, facilitating access to the city center and other regions of Porto.

History

 The history of Paranhos is rich and dates back to ancient times, with evidence of human occupation since the Roman era. During the Middle Ages, Paranhos was a rural area, with agriculture playing a central role in the local economy. Over time, especially from the 19th century onwards, the parish began to urbanize, becoming an important suburb of Porto. The presence of renowned educational institutions also contributed to the development and growth of the area.

Infrastructure and Services

 Paranhos has well-developed infrastructure, with a wide range of services available to its residents. The parish is home to several schools, health centers, supermarkets, and sports facilities. The University of Porto, one of the most prestigious in the country, has several campuses located in Paranhos, including the Faculty of Engineering and the Abel Salazar Biomedical Sciences Institute (ICBAS).

Education and Culture

The presence of the University of Porto in Paranhos brings a vibrant academic atmosphere to the parish. In addition to colleges, there are several secondary and primary schools, as well as private educational institutions, ensuring access to quality education.

Culturally, Paranhos is an active parish, with frequent events and activities that promote community cohesion. Although located nearby, Casa da Música offers easy access to high-quality music and cultural events. Additionally, the parish has several cultural and sports associations that enrich community life.

Environment and Quality of Life

Paranhos is known for its quality of life, combining a peaceful environment with the convenience of being close to Porto's city center. The parish has several parks and green areas, such as Parque de São Roque and Jardim de Arca d’Água, which provide spaces for outdoor activities and leisure.

The good quality of housing, the presence of essential services, and proximity to commercial and educational areas make Paranhos an attractive location for families, students, and professionals.

Economy and Commerce

Paranhos' economy is diversified, with a mix of local commerce, service companies, and commercial areas. The proximity to the University of Porto and other higher education institutions also fosters the development of businesses in the education and associated service sectors.

Local commerce is vibrant, with a variety of shops, restaurants, and cafes catering to both residents and students. The presence of industrial and business areas nearby contributes to the economic dynamism of the parish.

Conclusion

 Paranhos is a parish that offers an excellent quality of life, combining tranquility, good infrastructure, and a strong sense of community. With a rich history, a welcoming environment, and a strategic location near Porto's city center, it is a very attractive area for families, students, and professionals seeking a balance between personal and professional life.

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