Penacova · report
Empty homes in Penacova
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
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| Penacova | 17.0% |
| Coimbra district | 16.2% |
| Portugal | 12.1% |
The census counts a home as empty when nobody lives in it usually or seasonally: for sale, to let, awaiting demolition or repair, or for other reasons. Second homes are counted apart and are not included. The next census is in 2031.
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
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
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
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
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