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Fundão · report

New homes in Fundão

121.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
157
Per 1,000 residents
5.7

Homes licensed for construction in Fundão

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

  • Fundão
  • Ten-year average
Show the numbers
PeriodFundão
Aug 2026157
Jul 2026185
Jun 2026184
May 2026179
Apr 2026164
Mar 2026166
Feb 2026162
Jan 2026156
Dec 2025151
Nov 2025158
Oct 2025113
Sep 2025122
Aug 2025121
Jul 202581
Jun 202580
May 202556
Apr 202552
Mar 202550
Feb 202554
Jan 202555
Dec 202457
Nov 202458
Oct 202459
Sep 202446
Aug 202445
Jul 202444
Jun 202443
May 202442
Apr 202444
Mar 202445
Feb 202443
Jan 202443
Dec 202344
Nov 202336
Oct 202349
Sep 202344
Aug 202345
Jul 202346
Jun 202351
May 202393
Apr 202397
Mar 202395
Feb 202399
Jan 202397
Dec 202295
Nov 202294
Oct 202278
Sep 202280
Aug 202280
Jul 202281
Jun 202280
May 202241
Apr 202237
Mar 202236
Feb 202231
Jan 202231
Dec 202141
Nov 202144
Oct 202186
Jul 202185
Apr 202191
Jan 2021125
Oct 202071
Sep 202071
Aug 202071
Jul 202071
Jun 202062
May 202082
Apr 202082
Mar 202080
Feb 202073
Jan 202052
Dec 201962
Nov 201962
Oct 201962
Sep 201961
Aug 201968
Jul 201972
Jun 201973
May 201953
Apr 201951
Mar 201952
Feb 201952
Jan 201951
Dec 201842
Nov 201844
Oct 201844
Sep 201843
Aug 201837
Jul 201833
Jun 201837
May 201837
Apr 201850
Mar 201851
Feb 201860
Jan 201861
Dec 201768
Nov 201765
Oct 201764
Sep 201765
Aug 201765
Jul 201769
Jun 201764
May 201771
Apr 201758
Mar 201756
Feb 201747
Jan 201752
Dec 201645
Nov 201644
Oct 201643
Sep 201643
Aug 201643
Jul 201638
Jun 201639
May 201630
Apr 201629
Mar 201631
Feb 201630
Jan 201636
Dec 201535
Nov 201538
Oct 201540
Sep 201539
Aug 201540
Jul 201539
Jun 201536
May 201535
Apr 201533
Mar 201532
Feb 201531
Jan 201516
Dec 201415
Nov 201413
Oct 201412
Sep 201411
Aug 20148
Jul 201410
Jun 201412
May 201413
Apr 201414
Mar 201419
Feb 201420
Jan 201422
Dec 201324
Nov 201324
Oct 201323
Sep 201324
Aug 201325
Jul 201324
Jun 201322
May 201321
Apr 201320
Mar 201316
Feb 201316
Jan 201318
Dec 201221
Nov 201226
Oct 201229
Sep 201231
Aug 201234
Jul 201233
Jun 201235
May 201238
Apr 201242
Mar 201240
Feb 201242
Jan 201245
Dec 201142
Nov 201139
Oct 201135
Sep 201131
Aug 201127

Homes finished and licensed each year in Fundão

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
202536151
202413757
20235944
20225095
20214341
202055113
20195862
20185042
20173568
20163645
20151435
20141415
20133024
20124221
20117442
Homes finished per 1,000 residents, 2025
1.3

Who built the homes finished in Fundão

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
202525.0%75.0%0.0%0.0%36
202472.3%27.7%0.0%0.0%137
202327.1%72.9%0.0%0.0%59
202232.0%68.0%0.0%0.0%50
202120.9%79.1%0.0%0.0%43
202054.5%45.5%0.0%0.0%55
201941.4%58.6%0.0%0.0%58
201876.0%24.0%0.0%0.0%50
201751.4%48.6%0.0%0.0%35
201650.0%50.0%0.0%0.0%36
20150.0%100.0%0.0%0.0%14
20147.1%92.9%0.0%0.0%14
20133.3%96.7%0.0%0.0%30
201211.9%88.1%0.0%0.0%42
201152.7%47.3%0.0%0.0%74

Homes finished in Fundão, 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
20255.6%22.2%61.1%11.1%36
20243.6%19.0%73.0%4.4%137
20231.7%8.5%76.3%13.6%59
20224.0%8.0%62.0%26.0%50
20210.0%11.6%72.1%16.3%43
202034.5%27.3%36.4%1.8%55
20196.9%6.9%74.1%12.1%58
20180.0%16.0%76.0%8.0%50
20170.0%37.1%48.6%14.3%35
20168.3%36.1%44.4%11.1%36
20157.1%14.3%71.4%7.1%14
20147.1%28.6%42.9%21.4%14
201313.3%13.3%40.0%33.3%30
201214.3%4.8%35.7%45.2%42
20115.4%9.5%47.3%37.8%74

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 Fundão

Next 12 months

Asking prices have an 80% chance of landing between €743/m² and €957/m² by September 2027.

Expected, September 2027
€850/m²
Chance of a rise
59%

Affordability

At the bank valuation, a 90 m² home costs €98,460. With 10% down and a 30-year mortgage, the payment is €374 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
32%

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
€437
Owning per month
€268

Asking against valuation

Sellers ask 23.9% less than banks value homes at. A year ago the gap was −20.9%.

Gap today
−23.9%
Change in a year
−3.0 pp

Foreign buyers

Figures for Beiras e Serra da Estrela: Fundão has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 23.0% less per m² than buyers living in Portugal.

Abroad against residents
−23.0%

Past cycles

Asking prices have fallen by 3% or more 6 times since 2015. The deepest began in July 2017.

Deepest fall
−21.3%
Recovery from the low
62 months

People and new homes

In 2025 the population grew by 92 while 36 homes were finished: 2.6 new residents for every new home.

New residents per new home, 2025
2.6
Population change, 2025
+92

Empty homes

16.1% of the 22,496 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.1%
Empty homes
3,614

Renovation

In 2025, 19% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
19%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €8.5M of housing works here in 2025, and €11.6M since 2012.

Signed in 2025
€8.5M
Per resident, 2025
€307

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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