Castro Marim · report
Empty homes in Castro Marim
9.7% of the 8,507 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 9.7%
- Empty homes
- 821
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Castro Marim | 9.7% |
| Faro district | 11.9% |
| Portugal | 12.1% |
The census counts a home as empty when nobody lives in it usually or seasonally: for sale, to let, awaiting demolition or repair, or for other reasons. Second homes are counted apart and are not included. The next census is in 2031.
Other reports for Castro Marim
At the median sale price, a 90 m² home costs €243,900. With 10% down and a 30-year mortgage, the payment is €925 a month. Banco de Portugal caps it at 50% of a household's net income.
- Payment, two incomes
- 42%
- Payment, one income
- 85%
Owning and renting a 90 m² home cost about the same each month. 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
- €826
- Owning per month
- €856
117.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 64
- Per 1,000 residents
- 8.5
Over the last 12 months, buyers domiciled abroad paid 12.6% less per m² than buyers living in Portugal.
- Abroad against residents
- −12.6%
In 2025 the population grew by 36 while 14 homes were finished: 2.6 new residents for every new home.
- New residents per new home, 2025
- 2.6
- Population change, 2025
- +36
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
- 6.7
Public bodies signed €295.7K of housing works here in 2017, and €335.6K since 2012.
- Signed in 2017
- €295.7K
- Per resident, 2017
- €39
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