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Paredes · report

Renovation in Paredes

In 2025, 4% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
4%
Reconstructions per 100 new buildings
0.0

Buildings finished in Paredes, 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
2025175700182
20242001301214
20232191801238
20221661900185
20211291410144
2020110600116
20191061000116
20181161310130
201774230097
2016892001110
2015742510100
2014891900108
2013862513115
20121512300174
20111673410202

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 Paredes

Asking prices have an 80% chance of landing between €2,162/m² and €2,710/m² by September 2027.

Expected, September 2027
€2,436/m²
Chance of a rise
98%

At the bank valuation, a 90 m² home costs €153,540. 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
27%
Payment, one income
53%

Owning and renting a 90 m² home cost about the same each month. 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
€526
Owning per month
€538

Sellers ask 17.0% more than banks value homes at. A year ago the gap was +16.1%.

Gap today
+17.0%
Change in a year
+0.9 pp

10.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
299
Per 1,000 residents
3.4

Figures for Área Metropolitana do Porto: Paredes has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Bank valuations have fallen by 3% or more 7 times since 2011. The deepest began in July 2011.

Deepest fall
−23.9%
Recovery from the low
53 months

In 2025 the population grew by 964 while 240 homes were finished: 4.0 new residents for every new home.

New residents per new home, 2025
4.0
Population change, 2025
+964

9.2% of the 36,087 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.2%
Empty homes
3,311

Public bodies signed €7.8M of housing works here in 2025, and €10M since 2012.

Signed in 2025
€7.8M
Per resident, 2025
€88

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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