Imofolio

Penamacor · report

Renovation in Penamacor

In 2025, 25% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
25%
Reconstructions per 100 new buildings
0.0

Buildings finished in Penamacor, 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
202530104
202441117
202323106
202231105
202143119
202035109
201925108
201815006
20174112219
201616007
2015193013
20147122021
20136105122
201219202041
201114110025

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 Penamacor

Asking prices have an 80% chance of landing between €522/m² and €633/m² by September 2027.

Expected, September 2027
€578/m²
Chance of a rise
99%

At the median sale price, a 90 m² home costs €36,180. With 10% down and a 30-year mortgage, the payment is €137 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
6%
Payment, one income
12%

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
€300
Owning per month
€127

51.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
1
Per 1,000 residents
0.2

Figures for Beira Baixa: Penamacor has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 22.9% less per m² than buyers living in Portugal.

Abroad against residents
−22.9%

Asking prices have fallen by 3% or more 5 times since 2021. The deepest began in April 2023.

Deepest fall
−14.0%
Recovery from the low
8 months

In 2025 the population grew by 39 while 1 homes were finished: 39.0 new residents for every new home.

New residents per new home, 2025
39.0
Population change, 2025
+39

15.9% of the 6,839 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.9%
Empty homes
1,084

Public bodies signed €366.8K of housing works here in 2025, and €366.8K since 2012.

Signed in 2025
€366.8K
Per resident, 2025
€84

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.

Made with Imofolio · imofolio.com/en/market/portugal/penamacor/renovation

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.