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Castelo Branco · report

Renovation in Castelo Branco

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
1.6

Buildings finished in Castelo Branco, by kind of work

Buildings completed each year: new construction, extensions, alterations and reconstructions. INE.

  • Reconstructions
  • Alterations
  • Extensions
  • New construction
Show the numbers
YearNew constructionExtensionsAlterationsReconstructionsTotal
20256130165
20245540059
20235950064
20225670063
20216080169
20206720069
20196050065
20184030043
20173270039
20162680135
20153181545
20144762459
201345119671
2012632012398
201189281313143

INE counts buildings, not homes, and every kind of building, not only housing. A reconstruction rebuilds an existing building; an alteration changes its layout or use.

Other reports for Castelo Branco

Asking prices have an 80% chance of landing between €1,023/m² and €1,274/m² by September 2027.

Expected, September 2027
€1,149/m²
Chance of a rise
73%

At the bank valuation, a 90 m² home costs €106,200. With 10% down and a 30-year mortgage, the payment is €403 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
31%

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
€479
Owning per month
€336

Sellers ask 7.6% less than banks value homes at. A year ago the gap was −4.4%.

Gap today
−7.6%
Change in a year
−3.2 pp

54.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
190
Per 1,000 residents
3.3

Over the last 12 months, buyers domiciled abroad paid 27.2% less per m² than buyers living in Portugal.

Abroad against residents
−27.2%

Bank valuations have fallen by 3% or more 8 times since 2011. The deepest began in February 2011.

Deepest fall
−27.4%
Recovery from the low
44 months

In 2025 the population grew by 263 while 156 homes were finished: 1.7 new residents for every new home.

New residents per new home, 2025
1.7
Population change, 2025
+263

13.0% of the 39,618 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.0%
Empty homes
5,154

Public bodies signed €6.6M of housing works here in 2025, and €14.5M since 2012.

Signed in 2025
€6.6M
Per resident, 2025
€113

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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