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Centro · report

New homes in Centro

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

Homes licensed for construction in Centro

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

  • Centro
  • Ten-year average
Show the numbers
PeriodCentro
Aug 20266,759
Jul 20266,811
Jun 20266,671
May 20266,555
Apr 20266,725
Mar 20266,622
Feb 20266,423
Jan 20266,621
Dec 20256,810
Nov 20257,022
Oct 20256,748
Sep 20256,705
Aug 20256,626
Jul 20256,571
Jun 20256,397
May 20256,263
Apr 20255,991
Mar 20255,758
Feb 20255,699
Jan 20255,519
Dec 20245,133
Nov 20244,934
Oct 20244,790
Sep 20244,637
Aug 20244,757
Jul 20244,651
Jun 20244,414
May 20244,558
Apr 20244,464
Mar 20244,292
Feb 20244,569
Jan 20244,631
Dec 20234,593
Nov 20234,647
Oct 20234,766
Sep 20234,603
Aug 20234,430
Jul 20234,408
Jun 20234,498
May 20234,435
Apr 20234,519
Mar 20234,507
Feb 20234,412
Jan 20234,132
Dec 20224,304
Nov 20224,448
Oct 20224,425
Sep 20224,301
Aug 20224,466
Jul 20224,367
Jun 20224,341
May 20224,314
Apr 20224,207
Mar 20224,333
Feb 20224,366
Jan 20224,348
Dec 20214,237
Nov 20214,080
Oct 20214,024
Jul 20214,175
Apr 20214,219
Jan 20214,079
Oct 20204,031
Sep 20203,937
Aug 20203,897
Jul 20203,881
Jun 20203,760
May 20203,836
Apr 20203,866
Mar 20203,807
Feb 20203,918
Jan 20203,842
Dec 20193,751
Nov 20193,853
Oct 20193,884
Sep 20193,910
Aug 20193,925
Jul 20193,966
Jun 20193,945
May 20193,971
Apr 20193,780
Mar 20193,895
Feb 20193,816
Jan 20193,771
Dec 20183,773
Nov 20183,531
Oct 20183,385
Sep 20183,406
Aug 20183,386
Jul 20183,311
Jun 20183,280
May 20183,073
Apr 20183,033
Mar 20182,963
Feb 20182,939
Jan 20182,860
Dec 20172,879
Nov 20172,977
Oct 20172,973
Sep 20172,988
Aug 20172,834
Jul 20172,711
Jun 20172,646
May 20172,657
Apr 20172,568
Mar 20172,569
Feb 20172,479
Jan 20172,383
Dec 20162,283
Nov 20162,188
Oct 20162,131
Sep 20162,091
Aug 20162,049
Jul 20161,994
Jun 20162,030
May 20161,960
Apr 20161,891
Mar 20161,870
Feb 20161,813
Jan 20161,866
Dec 20151,884
Nov 20151,805
Oct 20151,771
Sep 20151,740
Aug 20151,777
Jul 20151,777
Jun 20151,722
May 20151,667
Apr 20151,699
Mar 20151,699
Feb 20151,636
Jan 20151,611
Dec 20141,594
Nov 20141,607
Oct 20141,574
Sep 20141,544
Aug 20141,523
Jul 20141,543
Jun 20141,561
May 20141,564
Apr 20141,585
Mar 20141,563
Feb 20141,605
Jan 20141,605
Dec 20131,620
Nov 20131,606
Oct 20131,670
Sep 20131,764
Aug 20131,749
Jul 20131,859
Jun 20131,876
May 20131,907
Apr 20132,004
Mar 20132,021
Feb 20132,075
Jan 20132,247
Dec 20122,312
Nov 20122,421
Oct 20122,565
Sep 20122,544
Aug 20122,620
Jul 20122,770
Jun 20122,785
May 20122,885
Apr 20123,069
Mar 20123,199
Feb 20123,269
Jan 20123,410
Dec 20113,507
Nov 20113,484
Oct 20113,578
Sep 20113,320
Aug 20113,060

Homes finished and licensed each year in Centro

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
20254,1656,810
20243,5465,181
20233,2644,631
20223,2864,346
20212,8584,237
20202,6624,030
20192,4673,742
20182,0933,738
20171,7592,868
20161,6312,289
20151,4451,868
20141,7781,597
20132,5691,616
20123,9992,328
20115,2243,510
Homes finished per 1,000 residents, 2025
2.4

Who built the homes finished in Centro

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
202555.9%44.0%0.1%0.0%4,165
202449.1%50.6%0.0%0.3%3,546
202344.5%54.9%0.6%0.0%3,264
202243.8%56.1%0.1%0.0%3,286
202140.0%59.9%0.1%0.1%2,858
202042.4%56.0%0.8%0.8%2,662
201942.1%57.3%0.2%0.5%2,467
201841.2%57.8%0.5%0.5%2,093
201731.4%67.1%0.3%1.2%1,759
201632.6%66.6%0.4%0.4%1,631
201527.2%71.4%0.3%1.1%1,445
201429.0%70.8%0.1%0.1%1,778
201324.8%74.9%0.1%0.3%2,569
201229.3%69.7%0.4%0.7%3,999
201132.4%67.1%0.5%0.0%5,224

Homes finished in Centro, 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
202516.0%25.5%44.7%13.8%4,165
202413.0%23.9%48.8%14.3%3,546
202313.4%21.8%50.8%14.0%3,264
202213.8%20.0%50.0%16.2%3,286
202110.5%21.1%52.2%16.2%2,858
202013.4%18.5%49.7%18.4%2,662
201911.0%21.2%51.7%16.1%2,467
201814.1%20.0%48.0%17.9%2,093
20178.7%20.6%48.4%22.3%1,759
201611.4%22.0%48.3%18.3%1,631
201510.7%21.3%44.8%23.3%1,445
201410.5%21.0%43.9%24.5%1,778
20138.1%19.8%42.5%29.5%2,569
20128.7%20.0%45.2%26.1%3,999
20117.4%19.7%47.9%25.0%5,224

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 Centro

Next 12 months

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%

Affordability

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%

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
€600
Owning per month
€399

Foreign buyers

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

Abroad against residents
−19.8%

Past cycles

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

People and new homes

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

Renovation

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 housing works

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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