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Chaves · report

People and new homes in Chaves

In 2025 the population grew by 265 while 67 homes were finished: 4.0 new residents for every new home.

New residents per new home, 2025
4.0
Population change, 2025
+265

Population change and homes finished in Chaves

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

Population change

Show the numbers
YearPopulation change
2025265
2024241
2023463
2022514
2021-1,209

Homes finished

Show the numbers
YearHomes finished
202567
202477
202374
202275
202159

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021−878−331−1,20959
2022+892−378+51475
2023+827−364+46374
2024+623−382+24177
2025+620−355+26567

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 Chaves

Asking prices have an 80% chance of landing between €1,094/m² and €1,304/m² by September 2027.

Expected, September 2027
€1,199/m²
Chance of a rise
73%

At the bank valuation, a 90 m² home costs €118,260. With 10% down and a 30-year mortgage, the payment is €449 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
20%
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
€487
Owning per month
€380

Sellers ask 12.6% less than banks value homes at. A year ago the gap was +1.4%.

Gap today
−12.6%
Change in a year
−14.1 pp

1.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
81
Per 1,000 residents
2.1

Figures for Alto Tâmega e Barroso: Chaves has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 12.0% less per m² than buyers living in Portugal.

Abroad against residents
−12.0%

Bank valuations have fallen by 3% or more 13 times since 2016. The deepest began in April 2021.

Deepest fall
−16.3%
Recovery from the low
7 months

12.9% of the 28,612 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.9%
Empty homes
3,691

In 2025, 2% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
2%
Reconstructions per 100 new buildings
2.2

Public bodies signed €1.6M of housing works here in 2025, and €5M since 2012.

Signed in 2025
€1.6M
Per resident, 2025
€42

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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