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Guarda district · report

New homes in Guarda district

28.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
188
Per 1,000 residents
1.4

Homes licensed for construction in Guarda district

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

  • Guarda district
  • Ten-year average
Show the numbers
PeriodGuarda district
Aug 2026188
Jul 2026195
Jun 2026189
May 2026207
Apr 2026240
Mar 2026222
Feb 2026213
Jan 2026209
Dec 2025207
Nov 2025226
Oct 2025227
Sep 2025212
Aug 2025219
Jul 2025223
Jun 2025206
May 2025204
Apr 2025175
Mar 2025172
Feb 2025168
Jan 2025166
Dec 2024152
Nov 2024142
Oct 2024144
Sep 2024122
Aug 2024131
Jul 2024128
Jun 2024115
May 2024116
Apr 2024155
Mar 2024121
Feb 2024143
Jan 2024146
Dec 2023122
Nov 2023138
Oct 2023148
Sep 2023137
Aug 2023140
Jul 2023158
Jun 2023134
May 2023142
Apr 2023137
Mar 2023111
Feb 2023111
Jan 2023132
Dec 2022135
Nov 2022136
Oct 2022148
Sep 2022141
Aug 2022139
Jul 2022145
Jun 2022147
May 2022138
Apr 2022135
Mar 2022158
Feb 2022172
Jan 2022171
Dec 2021149
Nov 2021153
Oct 2021157
Jul 2021150
Apr 2021147
Jan 2021114
Oct 202097
Sep 2020104
Aug 202088
Jul 202092
Jun 202092
May 202089
Apr 202098
Mar 2020103
Feb 2020109
Jan 2020112
Dec 2019117
Nov 2019126
Oct 2019127
Sep 2019136
Aug 2019144
Jul 2019143
Jun 2019153
May 2019156
Apr 2019164
Mar 2019168
Feb 2019169
Jan 2019152
Dec 2018160
Nov 2018164
Oct 2018139
Sep 2018135
Aug 2018144
Jul 2018135
Jun 2018122
May 2018130
Apr 2018105
Mar 2018109
Feb 2018123
Jan 2018125
Dec 2017123
Nov 2017117
Oct 2017141
Sep 2017139
Aug 2017126
Jul 2017141
Jun 2017145
May 2017127
Apr 2017156
Mar 2017155
Feb 2017125
Jan 2017143
Dec 2016145
Nov 2016121
Oct 2016136
Sep 2016142
Aug 2016116
Jul 2016130
Jun 2016135
May 2016110
Apr 2016117
Mar 2016128
Feb 201696
Jan 2016121
Dec 2015133
Nov 2015114
Oct 2015126
Sep 2015132
Aug 2015116
Jul 2015123
Jun 2015120
May 2015104
Apr 2015109
Mar 2015103
Feb 2015109
Jan 2015107
Dec 201498
Nov 201494
Oct 201493
Sep 201490
Aug 201493
Jul 201491
Jun 2014100
May 2014105
Apr 2014107
Mar 2014111
Feb 2014110
Jan 2014103
Dec 2013108
Nov 2013108
Oct 2013110
Sep 2013109
Aug 2013110
Jul 2013122
Jun 2013107
May 2013113
Apr 2013122
Mar 2013112
Feb 2013110
Jan 2013120
Dec 2012116
Nov 2012128
Oct 2012131
Sep 2012136
Aug 2012142
Jul 2012142
Jun 2012145
May 2012152
Apr 2012155
Mar 2012161
Feb 2012183
Jan 2012181
Dec 2011204
Nov 2011204
Oct 2011217
Sep 2011199
Aug 2011185

Homes finished and licensed each year in Guarda district

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
202588207
2024101156
202390132
2022109144
2021100149
202080111
201988119
201882161
201789119
2016101139
201569116
201493106
2013129106
2012199122
2011242204
Homes finished per 1,000 residents, 2025
0.6

Who built the homes finished in Guarda district

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
202519.3%78.4%2.3%0.0%88
202423.8%76.2%0.0%0.0%101
202314.4%85.6%0.0%0.0%90
202210.1%88.1%1.8%0.0%109
202113.0%86.0%0.0%1.0%100
20207.5%92.5%0.0%0.0%80
20196.8%93.2%0.0%0.0%88
20183.7%96.3%0.0%0.0%82
201710.1%89.9%0.0%0.0%89
20167.9%92.1%0.0%0.0%101
20152.9%92.8%2.9%1.4%69
20148.6%91.4%0.0%0.0%93
201314.7%85.3%0.0%0.0%129
20126.5%93.5%0.0%0.0%199
20119.9%90.1%0.0%0.0%242

Homes finished in Guarda district, 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
20254.5%22.7%48.9%23.9%88
20245.9%25.7%49.5%18.8%101
20234.4%22.2%56.7%16.7%90
20226.4%13.8%56.9%22.9%109
20218.0%14.0%44.0%34.0%100
20207.5%10.0%52.5%30.0%80
20193.4%12.5%54.5%29.5%88
20189.8%20.7%45.1%24.4%82
20172.2%12.4%51.7%33.7%89
20169.9%24.8%48.5%16.8%101
20152.9%24.6%50.7%21.7%69
20141.1%15.1%45.2%38.7%93
20134.7%9.3%50.4%35.7%129
20124.5%9.5%49.7%36.2%199
20113.3%12.4%45.9%38.4%242

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 Guarda district

Next 12 months

Asking prices have an 80% chance of landing between €759/m² and €904/m² by September 2027.

Expected, September 2027
€831/m²
Chance of a rise
92%

Affordability

Figures for Portugal: Guarda district has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Buy or rent

Figures for Portugal: Guarda district has no reliable figures of its own.

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
€878
Owning per month
€715

Foreign buyers

Figures for Portugal: Guarda district has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

Past cycles

Asking prices have fallen by 3% or more 3 times since 2015. The deepest began in June 2016.

Deepest fall
−15.1%
Recovery from the low
69 months

People and new homes

In 2025 the population fell by 663 while 88 homes were finished.

Homes finished, 2025
88
Population change, 2025
−663

Empty homes

15.9% of the 131,320 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.9%
Empty homes
20,912

Renovation

In 2025, 24% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
24%
Reconstructions per 100 new buildings
7.0

Public housing works

Public bodies signed €14.1M of housing works here in 2025, and €32M since 2012.

Signed in 2025
€14.1M
Per resident, 2025
€101

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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