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Centro · report

People and new homes in Centro

In 2025 the population grew by 7,964 while 4,165 homes were finished: 1.9 new residents for every new home.

New residents per new home, 2025
1.9
Population change, 2025
+7,964

Population change and homes finished in Centro

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
20257,964
202420,148
202334,579
202241,443
20214,988

Homes finished

Show the numbers
YearHomes finished
20254,165
20243,546
20233,264
20223,286
20212,858

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+17,348−12,360+4,9882,858
2022+53,009−11,566+41,4433,286
2023+44,502−9,923+34,5793,264
2024+30,481−10,333+20,1483,546
2025+18,291−10,327+7,9644,165

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Centro

Bank valuations have an 80% chance of landing between €1,532/m² and €1,671/m² by September 2027.

Expected, September 2027
€1,601/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €129,420. With 10% down and a 30-year mortgage, the payment is €491 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
19%
Payment, one income
39%

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
€600
Owning per month
€399

57.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
6,759
Per 1,000 residents
3.8

Over the last 12 months, buyers domiciled abroad paid 19.8% less per m² than buyers living in Portugal.

Abroad against residents
−19.8%

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

Deepest fall
−18.1%
Recovery from the low
56 months

In 2025, 20% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
20%
Reconstructions per 100 new buildings
3.2

Public bodies signed €123.6M of housing works here in 2025, and €372.6M since 2012.

Signed in 2025
€123.6M
Per resident, 2025
€70

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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