Imofolio
Sign inGet started for free

Castelo Branco · report

New homes in Castelo Branco

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

Homes licensed for construction in Castelo Branco

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Castelo Branco
  • Ten-year average
Show the numbers
PeriodCastelo Branco
Aug 2026190
Jul 2026101
Jun 202684
May 202687
Apr 202685
Mar 202687
Feb 202677
Jan 2026146
Dec 2025140
Nov 2025148
Oct 2025157
Sep 2025151
Aug 2025134
Jul 2025147
Jun 2025176
May 2025181
Apr 2025195
Mar 2025194
Feb 2025200
Jan 2025150
Dec 2024151
Nov 2024155
Oct 2024147
Sep 2024148
Aug 2024169
Jul 2024165
Jun 2024150
May 2024147
Apr 2024130
Mar 2024126
Feb 2024120
Jan 2024102
Dec 2023107
Nov 2023101
Oct 2023100
Sep 202399
Aug 202387
Jul 202380
Jun 202364
May 202360
Apr 202383
Mar 2023104
Feb 2023124
Jan 2023128
Dec 2022154
Nov 2022147
Oct 2022167
Sep 2022165
Aug 2022158
Jul 2022154
Jun 2022173
May 2022174
Apr 2022174
Mar 2022175
Feb 2022173
Jan 2022172
Dec 2021142
Nov 2021142
Oct 2021134
Jul 2021147
Apr 2021118
Jan 2021104
Oct 202091
Sep 202089
Aug 202079
Jul 202081
Jun 2020107
May 202095
Apr 2020103
Mar 2020114
Feb 2020116
Jan 2020103
Dec 2019119
Nov 2019121
Oct 2019122
Sep 2019134
Aug 2019136
Jul 2019143
Jun 2019126
May 2019139
Apr 2019141
Mar 2019129
Feb 2019152
Jan 2019165
Dec 2018156
Nov 2018153
Oct 2018153
Sep 2018149
Aug 2018164
Jul 2018152
Jun 2018149
May 2018137
Apr 2018124
Mar 2018118
Feb 2018121
Jan 2018107
Dec 2017100
Nov 201799
Oct 201798
Sep 2017103
Aug 201785
Jul 201787
Jun 201779
May 201774
Apr 201775
Mar 201768
Feb 201737
Jan 201739
Dec 201638
Nov 201638
Oct 201632
Sep 201622
Aug 201622
Jul 201617
Jun 201629
May 201631
Apr 201630
Mar 201631
Feb 201635
Jan 201633
Dec 201536
Nov 201539
Oct 201538
Sep 201539
Aug 201539
Jul 201539
Jun 201529
May 201531
Apr 201527
Mar 201527
Feb 201523
Jan 201537
Dec 201437
Nov 201434
Oct 201434
Sep 201432
Aug 201430
Jul 201431
Jun 201431
May 201450
Apr 201459
Mar 201462
Feb 201469
Jan 201454
Dec 201355
Nov 201356
Oct 201357
Sep 201355
Aug 201356
Jul 201362
Jun 201365
May 201343
Apr 201333
Mar 201332
Feb 201326
Jan 201326
Dec 201226
Nov 201224
Oct 201237
Sep 201240
Aug 201251
Jul 201265
Jun 201277
May 201286
Apr 201288
Mar 201289
Feb 201291
Jan 201292
Dec 2011106
Nov 2011112
Oct 2011110
Sep 2011107
Aug 201194

Homes finished and licensed each year in Castelo Branco

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
2025156140
202495151
2023109107
202280154
2021101142
2020107101
2019121119
201878156
201735100
20168037
20152136
20143637
20137655
201212426
2011141106
Homes finished per 1,000 residents, 2025
2.7

Who built the homes finished in Castelo Branco

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202578.8%21.2%0.0%0.0%156
202461.1%38.9%0.0%0.0%95
202362.4%37.6%0.0%0.0%109
202257.5%42.5%0.0%0.0%80
202160.4%39.6%0.0%0.0%101
202054.2%45.8%0.0%0.0%107
201965.3%34.7%0.0%0.0%121
201870.5%29.5%0.0%0.0%78
201765.7%34.3%0.0%0.0%35
201687.5%12.5%0.0%0.0%80
20159.5%90.5%0.0%0.0%21
201461.1%38.9%0.0%0.0%36
201377.6%22.4%0.0%0.0%76
201271.0%29.0%0.0%0.0%124
201152.5%47.5%0.0%0.0%141

Homes finished in Castelo Branco, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
20252.6%21.2%57.7%18.6%156
20243.2%21.1%46.3%29.5%95
20237.3%14.7%51.4%26.6%109
202211.3%13.8%45.0%30.0%80
20214.0%24.8%44.6%26.7%101
20200.9%17.8%46.7%34.6%107
201913.2%24.0%34.7%28.1%121
20182.6%16.7%39.7%41.0%78
20178.6%11.4%45.7%34.3%35
201645.0%21.3%25.0%8.8%80
20154.8%23.8%23.8%47.6%21
20142.8%8.3%44.4%44.4%36
20135.3%18.4%44.7%31.6%76
20127.3%23.4%35.5%33.9%124
20111.4%27.0%27.0%44.7%141

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Castelo Branco

Next 12 months

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%

Affordability

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%

Buy or rent

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

Asking against valuation

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

Foreign buyers

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

Abroad against residents
−27.2%

Past cycles

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

People and new homes

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

Empty homes

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

Renovation

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

Public housing works

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.

Made with Imofolio · imofolio.com/en/market/portugal/castelo-branco/supply

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.

Try free for 3 daysTalk to the team