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Guimarães · report

Renovation in Guimarães

In 2025, 14% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
14%
Reconstructions per 100 new buildings
0.0

Buildings finished in Guimarães, by kind of work

Buildings completed each year: new construction, extensions, alterations and reconstructions. INE.

  • Reconstructions
  • Alterations
  • Extensions
  • New construction
Show the numbers
YearNew constructionExtensionsAlterationsReconstructionsTotal
20252112770245
20242333190273
20232883630327
20222523730292
20212983520335
20202213310255
20192414240287
20182235251281
20171704964229
20161494986212
201511238123165
20141382282170
201317923129223
201223438154291
201131146152374

INE counts buildings, not homes, and every kind of building, not only housing. A reconstruction rebuilds an existing building; an alteration changes its layout or use.

Other reports for Guimarães

Asking prices have an 80% chance of landing between €2,351/m² and €2,653/m² by September 2027.

Expected, September 2027
€2,502/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €153,720. With 10% down and a 30-year mortgage, the payment is €583 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
47%

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
€623
Owning per month
€587

Sellers ask 22.9% more than banks value homes at. A year ago the gap was +16.6%.

Gap today
+22.9%
Change in a year
+6.3 pp

56.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
944
Per 1,000 residents
5.7

Over the last 12 months, buyers domiciled abroad paid 8.0% less per m² than buyers living in Portugal.

Abroad against residents
−8.0%

Bank valuations have fallen by 3% or more 5 times since 2011. The deepest began in May 2011.

Deepest fall
−16.2%
Recovery from the low
51 months

In 2025 the population grew by 638 while 667 homes were finished: 1.0 new residents for every new home.

New residents per new home, 2025
1.0
Population change, 2025
+638

7.8% of the 69,853 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
7.8%
Empty homes
5,419

Public bodies signed €269.4K of housing works here in 2025, and €4.9M since 2012.

Signed in 2025
€269.4K
Per resident, 2025
€2

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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