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Cávado · report

New homes in Cávado

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

Homes licensed for construction in Cávado

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

  • Cávado
  • Ten-year average
Show the numbers
PeriodCávado
Aug 20262,522
Jul 20262,651
Jun 20262,636
May 20262,670
Apr 20262,658
Mar 20262,622
Feb 20262,621
Jan 20262,690
Dec 20252,727
Nov 20252,785
Oct 20252,635
Sep 20252,483
Aug 20252,468
Jul 20252,361
Jun 20252,451
May 20252,448
Apr 20252,401
Mar 20252,336
Feb 20252,265
Jan 20252,214
Dec 20242,148
Nov 20242,139
Oct 20242,087
Sep 20242,075
Aug 20242,019
Jul 20241,949
Jun 20241,935
May 20241,836
Apr 20241,873
Mar 20241,914
Feb 20241,954
Jan 20241,965
Dec 20232,062
Nov 20232,035
Oct 20232,109
Sep 20232,111
Aug 20232,124
Jul 20232,149
Jun 20232,030
May 20232,218
Apr 20232,262
Mar 20232,166
Feb 20232,170
Jan 20232,074
Dec 20222,012
Nov 20221,992
Oct 20222,027
Sep 20221,977
Aug 20221,988
Jul 20222,007
Jun 20221,962
May 20221,812
Apr 20221,727
Mar 20221,815
Feb 20221,767
Jan 20221,789
Dec 20211,754
Nov 20211,891
Oct 20211,772
Jul 20211,792
Apr 20211,851
Jan 20211,746
Oct 20201,802
Sep 20201,767
Aug 20201,860
Jul 20201,919
Jun 20201,974
May 20201,908
Apr 20201,888
Mar 20201,872
Feb 20201,935
Jan 20202,003
Dec 20191,984
Nov 20191,889
Oct 20191,861
Sep 20191,934
Aug 20191,856
Jul 20191,815
Jun 20191,820
May 20191,855
Apr 20191,872
Mar 20191,872
Feb 20191,814
Jan 20191,701
Dec 20181,626
Nov 20181,617
Oct 20181,581
Sep 20181,499
Aug 20181,383
Jul 20181,350
Jun 20181,263
May 20181,166
Apr 20181,116
Mar 20181,099
Feb 20181,047
Jan 2018995
Dec 2017957
Nov 2017937
Oct 2017903
Sep 2017901
Aug 2017937
Jul 2017931
Jun 2017908
May 2017905
Apr 2017856
Mar 2017855
Feb 2017837
Jan 2017804
Dec 2016775
Nov 2016758
Oct 2016738
Sep 2016649
Aug 2016570
Jul 2016556
Jun 2016544
May 2016528
Apr 2016506
Mar 2016500
Feb 2016477
Jan 2016484
Dec 2015475
Nov 2015446
Oct 2015488
Sep 2015502
Aug 2015499
Jul 2015473
Jun 2015485
May 2015467
Apr 2015465
Mar 2015446
Feb 2015450
Jan 2015450
Dec 2014438
Nov 2014449
Oct 2014402
Sep 2014387
Aug 2014376
Jul 2014368
Jun 2014365
May 2014360
Apr 2014369
Mar 2014395
Feb 2014361
Jan 2014375
Dec 2013396
Nov 2013384
Oct 2013404
Sep 2013442
Aug 2013450
Jul 2013475
Jun 2013599
May 2013620
Apr 2013652
Mar 2013660
Feb 2013719
Jan 2013751
Dec 2012854
Nov 2012855
Oct 2012852
Sep 2012865
Aug 2012899
Jul 2012931
Jun 20121,021
May 20121,046
Apr 20121,036
Mar 20121,067
Feb 20121,072
Jan 20121,074
Dec 20111,080
Nov 20111,170
Oct 20111,209
Sep 20111,145
Aug 20111,072

Homes finished and licensed each year in Cávado

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
20251,7102,727
20241,4712,146
20231,4652,066
20221,7062,008
20211,3621,754
20201,0931,822
20191,0481,986
20186781,628
2017583957
2016435771
2015420470
2014481438
2013721389
20121,396854
20111,4881,084
Homes finished per 1,000 residents, 2025
3.8

Who built the homes finished in Cávado

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
202551.6%46.8%1.2%0.4%1,710
202443.9%55.9%0.1%0.1%1,471
202358.1%41.6%0.3%0.0%1,465
202253.9%45.9%0.2%0.0%1,706
202145.0%53.9%1.1%0.0%1,362
202054.7%44.5%0.2%0.6%1,093
201946.3%50.8%0.5%2.5%1,048
201834.1%65.2%0.6%0.1%678
201732.4%67.2%0.3%0.0%583
201620.9%78.9%0.0%0.2%435
201524.8%72.1%2.9%0.2%420
201418.1%81.9%0.0%0.0%481
201323.0%75.9%0.0%1.1%721
201226.8%73.1%0.1%0.0%1,396
201122.4%77.4%0.1%0.1%1,488

Homes finished in Cávado, 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
202513.5%17.4%60.0%9.1%1,710
202410.8%14.8%62.7%11.8%1,471
202313.4%16.0%62.3%8.3%1,465
20228.6%17.5%62.1%11.8%1,706
20215.3%15.3%67.4%12.0%1,362
20207.0%13.0%66.0%14.1%1,093
20196.2%12.8%66.7%14.3%1,048
20182.4%11.9%69.2%16.5%678
20175.3%8.2%65.2%21.3%583
20160.2%5.7%69.9%24.1%435
20153.3%8.1%62.1%26.4%420
20144.6%12.5%55.3%27.7%481
20131.9%11.8%61.4%24.8%721
201214.6%13.6%50.8%21.0%1,396
20115.6%9.4%53.7%31.3%1,488

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 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

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%

Past cycles

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

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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