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Penacova · report

New homes in Penacova

33.4% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
12
Per 1,000 residents
0.9

Homes licensed for construction in Penacova

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

  • Penacova
  • Ten-year average
Show the numbers
PeriodPenacova
Aug 202612
Jul 202613
Jun 202616
May 202616
Apr 202616
Mar 202620
Feb 202619
Jan 202616
Dec 202517
Nov 202516
Oct 202518
Sep 202520
Aug 202520
Jul 202519
Jun 202516
May 202515
Apr 202515
Mar 202513
Feb 202510
Jan 202513
Dec 202414
Nov 202413
Oct 202411
Sep 20249
Aug 20248
Jul 202410
Jun 202411
May 202411
Apr 202415
Mar 202416
Feb 202418
Jan 202418
Dec 202320
Nov 202320
Oct 202322
Sep 202318
Aug 202324
Jul 202326
Jun 202319
May 202327
Apr 202323
Mar 202318
Feb 202322
Jan 202323
Dec 202215
Nov 202219
Oct 202217
Sep 202216
Aug 202217
Jul 202215
Jun 202216
May 202214
Apr 202213
Mar 202213
Feb 202216
Jan 202213
Dec 202113
Nov 202114
Oct 202114
Jul 202113
Apr 202114
Jan 20218
Oct 20209
Sep 202013
Aug 202012
Jul 202011
Jun 202012
May 202013
Apr 202012
Mar 202016
Feb 202015
Jan 202015
Dec 201914
Nov 201917
Oct 201918
Sep 201916
Aug 201919
Jul 201926
Jun 201932
May 201934
Apr 201938
Mar 201938
Feb 201938
Jan 201939
Dec 201838
Nov 201836
Oct 201835
Sep 201837
Aug 201833
Jul 201825
Jun 201821
May 201817
Apr 201811
Mar 20189
Feb 201812
Jan 201814
Dec 201713
Nov 201715
Oct 201716
Sep 201710
Aug 201717
Jul 201717
Jun 201712
May 201720
Apr 201719
Mar 201717
Feb 201723
Jan 201717
Dec 201616
Nov 201623
Oct 201621
Sep 201620
Aug 201621
Jul 201617
Jun 201617
May 201617
Apr 201616
Mar 201615
Feb 201615
Jan 201616
Dec 201514
Nov 201513
Oct 201511
Sep 201515
Aug 201516
Jul 201515
Jun 201514
May 201514
Apr 201512
Mar 201512
Feb 201512
Jan 201511
Dec 201410
Nov 201410
Oct 20149
Sep 20147
Aug 20148
Jul 20148
Jun 20149
May 20149
Apr 20149
Mar 20148
Feb 20147
Jan 20145
Dec 20136
Nov 20135
Oct 20136
Sep 20138
Aug 20137
Jul 20133
Jun 201311
May 20139
Apr 201314
Mar 201322
Feb 201322
Jan 201318
Dec 201225
Nov 201226
Oct 201222
Sep 201226
Aug 201225
Jul 201228
Jun 201228
May 201231
Apr 201224
Mar 201231
Feb 201230
Jan 201232
Dec 201135
Nov 201134
Oct 201132
Sep 201132
Aug 201130

Homes finished and licensed each year in Penacova

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
20251417
20241213
2023520
2022719
20211813
2020612
20192514
20181238
20171613
2016920
2015914
20141110
2013156
20123122
20112835
Homes finished per 1,000 residents, 2025
1.1

Who built the homes finished in Penacova

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
20257.1%92.9%0.0%0.0%14
20240.0%100.0%0.0%0.0%12
20230.0%100.0%0.0%0.0%5
20220.0%100.0%0.0%0.0%7
20210.0%100.0%0.0%0.0%18
20200.0%100.0%0.0%0.0%6
201948.0%52.0%0.0%0.0%25
20188.3%91.7%0.0%0.0%12
20170.0%93.8%6.3%0.0%16
20160.0%100.0%0.0%0.0%9
20150.0%100.0%0.0%0.0%9
20140.0%100.0%0.0%0.0%11
20130.0%100.0%0.0%0.0%15
20120.0%100.0%0.0%0.0%31
20110.0%100.0%0.0%0.0%28

Homes finished in Penacova, 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
20257.1%7.1%71.4%14.3%14
20240.0%0.0%66.7%33.3%12
20230.0%20.0%60.0%20.0%5
20220.0%28.6%71.4%0.0%7
20215.6%16.7%55.6%22.2%18
202016.7%16.7%50.0%16.7%6
20190.0%20.0%56.0%24.0%25
201816.7%8.3%66.7%8.3%12
20170.0%18.8%37.5%43.8%16
20160.0%11.1%55.6%33.3%9
20150.0%11.1%66.7%22.2%9
20140.0%18.2%45.5%36.4%11
20136.7%13.3%53.3%26.7%15
20120.0%6.5%48.4%45.2%31
20110.0%7.1%64.3%28.6%28

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 Penacova

Asking prices have an 80% chance of landing between €392/m² and €537/m² by September 2027.

Expected, September 2027
€464/m²
Chance of a rise
50%

At the median sale price, a 90 m² home costs €54,000. With 10% down and a 30-year mortgage, the payment is €205 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
9%
Payment, one income
17%

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
€403
Owning per month
€189

Figures for Região de Coimbra: Penacova has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 10.7% less per m² than buyers living in Portugal.

Abroad against residents
−10.7%

Asking prices have fallen by 3% or more once since 2016. That fall began in October 2016.

Deepest fall
−41.7%
Recovery from the low
Not yet

In 2025 the population fell by 53 while 14 homes were finished.

Homes finished, 2025
14
Population change, 2025
−53

17.0% of the 8,376 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.0%
Empty homes
1,421

In 2025, 30% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
30%
Reconstructions per 100 new buildings
10.5

Public bodies signed €2.2M of housing works here in 2025, and €2.3M since 2012.

Signed in 2025
€2.2M
Per resident, 2025
€168

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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