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Macedo de Cavaleiros · report

New homes in Macedo de Cavaleiros

5.1% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
29
Per 1,000 residents
2.1

Homes licensed for construction in Macedo de Cavaleiros

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

  • Macedo de Cavaleiros
  • Ten-year average
Show the numbers
PeriodMacedo de Cavaleiros
Aug 202629
Jul 202630
Jun 202634
May 202634
Apr 202636
Mar 202637
Feb 202633
Jan 202633
Dec 202534
Nov 202534
Oct 202536
Sep 202537
Aug 202537
Jul 202530
Jun 202526
May 202531
Apr 202524
Mar 202528
Feb 202526
Jan 202528
Dec 202429
Nov 202430
Oct 202431
Sep 202431
Aug 202429
Jul 202431
Jun 202430
May 202427
Apr 202429
Mar 202424
Feb 202432
Jan 202432
Dec 202332
Nov 202331
Oct 202324
Sep 202336
Aug 202338
Jul 202339
Jun 202344
May 202339
Apr 202336
Mar 202344
Feb 202337
Jan 202330
Dec 202238
Nov 202240
Oct 202240
Sep 202234
Aug 202236
Jul 202229
Jun 202229
May 202232
Apr 202231
Mar 202243
Feb 202257
Jan 202260
Dec 202156
Nov 202153
Oct 202151
Jul 202148
Apr 202144
Jan 202119
Oct 202026
Sep 202029
Aug 202030
Jul 202030
Jun 202033
May 202034
Apr 202034
Mar 202039
Feb 202040
Jan 202036
Dec 201934
Nov 201934
Oct 201932
Sep 201929
Aug 201928
Jul 201928
Jun 201929
May 201930
Apr 201934
Mar 201932
Feb 201927
Jan 201926
Dec 201829
Nov 201828
Oct 201827
Sep 201826
Aug 201826
Jul 201826
Jun 201827
May 201824
Apr 201821
Mar 201819
Feb 201820
Jan 201820
Dec 201717
Nov 201718
Oct 201719
Sep 201720
Aug 201720
Jul 201719
Jun 201715
May 201715
Apr 201715
Mar 201716
Feb 201715
Jan 201718
Dec 201618
Nov 201618
Oct 201616
Sep 201615
Aug 201615
Jul 201615
Jun 201618
May 201619
Apr 201618
Mar 201618
Feb 201619
Jan 201617
Dec 201521
Nov 201523
Oct 201523
Sep 201526
Aug 201524
Jul 201524
Jun 201521
May 201520
Apr 201520
Mar 201519
Feb 201517
Jan 201516
Dec 201415
Nov 201412
Oct 201414
Sep 201412
Aug 201416
Jul 201418
Jun 201418
May 201421
Apr 201421
Mar 201423
Feb 201425
Jan 201427
Dec 201326
Nov 201327
Oct 201327
Sep 201329
Aug 201326
Jul 201326
Jun 201328
May 201325
Apr 201327
Mar 201327
Feb 201328
Jan 201329
Dec 201232
Nov 201234
Oct 201232
Sep 201230
Aug 201237
Jul 201245
Jun 201246
May 201245
Apr 201244
Mar 201242
Feb 201243
Jan 201241
Dec 201139
Nov 201136
Oct 201137
Sep 201136
Aug 201128

Homes finished and licensed each year in Macedo de Cavaleiros

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
20252134
20245429
20231730
20221838
20212456
20201421
20191234
20181829
20171617
20161618
20151421
20141815
20135126
20123932
20115239
Homes finished per 1,000 residents, 2025
1.5

Who built the homes finished in Macedo de Cavaleiros

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
202538.1%61.9%0.0%0.0%21
202468.5%31.5%0.0%0.0%54
20230.0%100.0%0.0%0.0%17
20220.0%100.0%0.0%0.0%18
20210.0%100.0%0.0%0.0%24
20207.1%92.9%0.0%0.0%14
20198.3%91.7%0.0%0.0%12
201811.1%88.9%0.0%0.0%18
20170.0%100.0%0.0%0.0%16
201612.5%87.5%0.0%0.0%16
20150.0%100.0%0.0%0.0%14
20140.0%100.0%0.0%0.0%18
201351.0%49.0%0.0%0.0%51
20122.6%97.4%0.0%0.0%39
201134.6%65.4%0.0%0.0%52

Homes finished in Macedo de Cavaleiros, 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
202528.6%0.0%38.1%33.3%21
20241.9%27.8%48.1%22.2%54
20235.9%23.5%41.2%29.4%17
202211.1%5.6%61.1%22.2%18
20214.2%16.7%41.7%37.5%24
20207.1%7.1%78.6%7.1%14
20198.3%8.3%66.7%16.7%12
201822.2%11.1%33.3%33.3%18
201718.8%18.8%25.0%37.5%16
201612.5%0.0%68.8%18.8%16
20157.1%14.3%35.7%42.9%14
201416.7%22.2%38.9%22.2%18
20133.9%5.9%78.4%11.8%51
201215.4%7.7%46.2%30.8%39
20117.7%17.3%48.1%26.9%52

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 Macedo de Cavaleiros

Next 12 months

Asking prices have an 80% chance of landing between €802/m² and €995/m² by September 2027.

Expected, September 2027
€899/m²
Chance of a rise
44%

Affordability

At the median sale price, a 90 m² home costs €76,860. With 10% down and a 30-year mortgage, the payment is €292 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
14%
Payment, one income
28%

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
€338
Owning per month
€270

Foreign buyers

Figures for Terras de Trás-os-Montes: Macedo de Cavaleiros has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 27.2% less per m² than buyers living in Portugal.

Abroad against residents
−27.2%

Past cycles

Asking prices have fallen by 3% or more 7 times since 2018. The deepest began in January 2022.

Deepest fall
−10.1%
Recovery from the low
5 months

People and new homes

In 2025 the population fell by 54 while 21 homes were finished.

Homes finished, 2025
21
Population change, 2025
−54

Empty homes

12.8% of the 11,778 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.8%
Empty homes
1,509

Renovation

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €23.8K of housing works here in 2025, and €2.2M since 2012.

Signed in 2025
€23.8K
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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