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Cávado · report

Past price cycles in Cávado

Bank valuations have fallen by 3% or more 2 times since 2011. The deepest began in August 2012.

Deepest fall
−15.3%
Recovery from the low
41 months

Prices in Cávado and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Cávado
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodCávadoPortugal
Sep 2026275.5259.7
Aug 2026272.2257.0
Jul 2026272.1255.4
Jun 2026268.9254.0
May 2026261.0251.8
Apr 2026253.2247.9
Mar 2026246.3245.3
Feb 2026246.2242.0
Jan 2026246.0240.0
Dec 2025246.8237.3
Nov 2025246.8234.9
Oct 2025243.6230.9
Sep 2025240.7227.5
Aug 2025232.2224.1
Jul 2025231.1221.8
Jun 2025226.6217.9
May 2025228.6215.1
Apr 2025224.9212.8
Mar 2025220.7210.6
Feb 2025212.9206.4
Jan 2025212.8202.3
Dec 2024211.4199.2
Nov 2024211.4198.4
Oct 2024207.6196.2
Sep 2024205.3193.3
Aug 2024204.7189.7
Jul 2024202.9186.8
Jun 2024202.3184.5
May 2024198.3183.6
Apr 2024197.7182.0
Mar 2024193.5180.2
Feb 2024189.8177.9
Jan 2024188.2176.7
Dec 2023184.5175.1
Nov 2023183.3174.5
Oct 2023179.4175.1
Sep 2023178.4175.7
Aug 2023177.7175.4
Jul 2023178.4173.9
Jun 2023179.6173.1
May 2023179.9172.2
Apr 2023176.4170.0
Mar 2023176.3169.1
Feb 2023174.8168.5
Jan 2023175.5169.3
Dec 2022173.1166.2
Nov 2022175.0165.2
Oct 2022172.7161.9
Sep 2022173.2162.9
Aug 2022170.1161.2
Jul 2022170.1161.6
Jun 2022167.9160.4
May 2022163.7157.4
Apr 2022161.4154.6
Mar 2022159.4151.8
Feb 2022157.8149.8
Jan 2022155.5147.3
Dec 2021151.9146.5
Nov 2021149.2145.0
Oct 2021145.6142.6
Sep 2021146.2140.9
Aug 2021146.2139.2
Jul 2021146.5139.2
Jun 2021145.6138.5
May 2021144.9138.2
Apr 2021143.9136.8
Mar 2021140.9135.3
Feb 2021139.7133.9
Jan 2021138.8133.4
Dec 2020139.6131.8
Nov 2020138.8130.4
Oct 2020138.3129.0
Sep 2020135.8128.6
Aug 2020135.1128.6
Jul 2020138.8128.5
Jun 2020138.8127.6
May 2020138.1127.0
Apr 2020134.8126.7
Mar 2020134.8126.6
Feb 2020134.4126.7
Jan 2020133.7125.8
Dec 2019131.5124.4
Nov 2019130.4122.7
Oct 2019130.6121.9
Sep 2019130.8121.6
Aug 2019128.2120.2
Jul 2019128.1119.0
Jun 2019125.8117.4
May 2019127.2116.6
Apr 2019125.6115.7
Mar 2019123.3114.7
Feb 2019121.4114.0
Jan 2019120.3112.1
Dec 2018119.7111.4
Nov 2018117.4110.4
Oct 2018115.1110.3
Sep 2018116.8109.4
Aug 2018116.8108.4
Jul 2018116.1107.3
Jun 2018113.2106.3
May 2018111.2105.9
Apr 2018110.2105.4
Mar 2018110.2104.9
Feb 2018109.9103.9
Jan 2018108.1102.9
Dec 2017108.5101.6
Nov 2017107.3101.4
Oct 2017109.1101.0
Sep 2017109.9100.5
Aug 2017110.499.0
Jul 2017108.998.2
Jun 2017107.998.1
May 2017107.897.7
Apr 2017106.697.4
Mar 2017105.296.8
Feb 2017104.096.6
Jan 2017102.795.9
Dec 2016101.295.0
Nov 201699.794.2
Oct 2016101.093.5
Sep 201699.493.0
Aug 2016101.092.8
Jul 2016100.491.9
Jun 2016100.091.6
May 201697.791.2
Apr 201695.090.5
Mar 201693.189.9
Feb 201693.189.5
Jan 201694.289.5
Dec 201596.089.9
Nov 201596.489.3
Oct 201596.088.9
Sep 201595.588.6
Aug 201592.288.3
Jul 201589.888.5
Jun 201588.887.7
May 201588.587.6
Apr 201588.586.7
Mar 201588.286.2
Feb 201591.486.2
Jan 201589.986.2
Dec 201488.985.6
Nov 201490.985.6
Oct 201491.486.2
Sep 201494.288.0
Aug 201495.188.4
Jul 201493.587.0
Jun 201491.885.3
May 201488.984.2
Apr 201489.283.9
Mar 201489.284.3
Feb 201490.985.7
Jan 201492.586.7
Dec 201390.687.0
Nov 201390.286.9
Oct 201388.287.2
Sep 201389.987.0
Aug 201391.486.8
Jul 201390.686.5
Jun 201395.087.1
May 201396.586.4
Apr 201397.685.3
Mar 201393.884.6
Feb 201391.885.1
Jan 201393.886.5
Dec 201296.087.8
Nov 201295.388.3
Oct 2012100.388.7
Sep 2012103.389.4
Aug 2012104.289.4
Jul 2012103.389.7
Jun 2012101.090.2
May 2012100.091.2
Apr 201297.392.8
Mar 201297.392.5
Feb 201299.392.4
Jan 2012102.792.2
Dec 2011101.493.3
Nov 2011101.494.5
Oct 201198.795.0
Sep 2011100.096.2
Aug 2011101.497.1
Jul 2011103.297.9
Jun 2011102.699.4
May 201199.4101.4
Apr 201199.6102.6
Mar 201199.6102.4
Feb 2011101.6101.1
Jan 2011100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
July 2011March 2012−5.7%84
August 2012October 2013−15.3%1441

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Cávado

Next 12 months

Bank valuations have an 80% chance of landing between €2,198/m² and €2,469/m² by September 2027.

Expected, September 2027
€2,334/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €172,350. With 10% down and a 30-year mortgage, the payment is €654 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
52%

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
€727
Owning per month
€626

New homes

38.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,522
Per 1,000 residents
5.6

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 2.2% less per m² than buyers living in Portugal.

Abroad against residents
−2.2%

People and new homes

In 2025 the population grew by 2,249 while 1,710 homes were finished: 1.3 new residents for every new home.

New residents per new home, 2025
1.3
Population change, 2025
+2,249

Renovation

In 2025, 7% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
7%
Reconstructions per 100 new buildings
2.4

Public housing works

Public bodies signed €5.3M of housing works here in 2025, and €23M since 2012.

Signed in 2025
€5.3M
Per resident, 2025
€12

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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