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Penalva do Castelo · report

People and new homes in Penalva do Castelo

In 2025 the population grew by 25 while 21 homes were finished: 1.2 new residents for every new home.

New residents per new home, 2025
1.2
Population change, 2025
+25

Population change and homes finished in Penalva do Castelo

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
202525
20245
2023-28
202219
2021-229

Homes finished

Show the numbers
YearHomes finished
202521
202423
202316
20228
202114

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021−112−117−22914
2022+128−109+198
2023+60−88−2816
2024+99−94+523
2025+126−101+2521

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Penalva do Castelo

At the median sale price, a 90 m² home costs €39,150. With 10% down and a 30-year mortgage, the payment is €149 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
6%
Payment, one income
13%

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
€374
Owning per month
€137

24.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
13
Per 1,000 residents
1.8

Figures for Viseu Dão Lafões: Penalva do Castelo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 12.5% less per m² than buyers living in Portugal.

Abroad against residents
−12.5%

17.5% of the 5,649 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.5%
Empty homes
986

In 2025, 23% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
23%
Reconstructions per 100 new buildings
11.1

Public bodies signed €29.8K of housing works here in 2020, and €100.9K since 2012.

Signed in 2020
€29.8K
Per resident, 2020
€4

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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