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Área Metropolitana do Porto · report

People and new homes in Área Metropolitana do Porto

In 2025 the population grew by 5,507 while 6,184 homes were finished: 0.9 new residents for every new home.

New residents per new home, 2025
0.9
Population change, 2025
+5,507

Population change and homes finished in Área Metropolitana do Porto

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
20255,507
202420,799
202333,287
202239,057
202119,805

Homes finished

Show the numbers
YearHomes finished
20256,184
20245,804
20235,027
20223,743
20214,023

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+24,390−4,585+19,8054,023
2022+43,994−4,937+39,0573,743
2023+37,359−4,072+33,2875,027
2024+25,522−4,723+20,7995,804
2025+10,015−4,508+5,5076,184

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Área Metropolitana do Porto

Bank valuations have an 80% chance of landing between €2,581/m² and €2,770/m² by September 2027.

Expected, September 2027
€2,675/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €209,250. With 10% down and a 30-year mortgage, the payment is €794 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
62%

Owning a 90 m² home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the median sale price. Repaying the loan is saving, so it is left out.

Rent per month
€948
Owning per month
€789

77.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
10,846
Per 1,000 residents
5.8

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Bank valuations have fallen by 3% or more once since 2011. That fall began in April 2011.

Deepest fall
−16.6%
Recovery from the low
45 months

In 2025, 22% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
22%
Reconstructions per 100 new buildings
0.4

Public bodies signed €134.8M of housing works here in 2025, and €518M since 2012.

Signed in 2025
€134.8M
Per resident, 2025
€72

Data: INE, ECB and others · updated October 27, 2026

Asking prices and bank valuations are not sale prices. This is a description of public data, not financial advice.

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