Imofolio

Penela · report

New homes in Penela

149.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
24
Per 1,000 residents
4.2

Homes licensed for construction in Penela

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

  • Penela
  • Ten-year average
Show the numbers
PeriodPenela
Aug 202624
Jul 202623
Jun 202622
May 202622
Apr 202622
Mar 202619
Feb 202619
Jan 202618
Dec 202519
Nov 20258
Oct 20256
Sep 20255
Aug 20255
Jul 20256
Jun 20257
May 20258
Apr 20255
Mar 202510
Feb 202511
Jan 20255
Dec 202410
Nov 202411
Oct 20244
Sep 202411
Aug 20249
Jul 20242
Jun 202410
May 20247
Apr 20244
Mar 20246
Feb 20244
Jan 20245
Dec 202314
Nov 202311
Oct 202313
Sep 202318
Aug 202317
Jul 202318
Jun 202317
May 202317
Apr 202319
Mar 202317
Feb 202320
Jan 202321
Dec 20228
Nov 202217
Oct 202216
Sep 20225
Aug 202211
Jul 202213
Jun 20227
May 202212
Apr 202211
Mar 20227
Feb 20229
Jan 20229
Dec 20218
Nov 20214
Oct 20214
Jul 20212
Apr 20213
Jan 20214
Oct 20207
Sep 202010
Aug 20208
Jul 202010
Jun 202011
May 20207
Apr 20209
Mar 202014
Feb 20206
Jan 20207
Dec 201913
Nov 20195
Oct 20194
Sep 201913
Aug 20195
Jul 20191
Jun 201914
May 20194
Apr 20193
Mar 201913
Feb 20196
Jan 20193
Dec 201814
Nov 20182
Oct 20187
Sep 201815
Aug 20182
Jul 201810
Jun 201811
May 20182
Apr 20189
Mar 20189
Feb 20181
Jan 201810
Dec 20177
Nov 20173
Oct 20179
Sep 20175
Aug 20176
Jul 20179
Jun 20175
May 20176
Apr 20179
Mar 20178
Feb 20178
Jan 201712
Dec 20166
Nov 20168
Oct 20169
Sep 20163
Aug 20165
Jul 20167
Jun 20163
May 20165
Apr 20165
Mar 20161
Feb 20162
Jan 20164
Dec 20151
Nov 20155
Oct 20154
Sep 20151
Aug 20155
Jul 20157
Jun 20151
May 20159
Apr 201510
Mar 20150
Feb 201513
Jan 201510
Dec 20140
Nov 201413
Oct 201414
Sep 20140
Aug 201413
Jul 201413
Jun 20141
May 201411
Apr 201412
Mar 20142
Feb 20148
Jan 201411
Dec 20134
Nov 20133
Oct 20139
Sep 20136
Aug 20135
Jul 20137
Jun 20136
May 20137
Apr 20135
Mar 20139
Feb 201310
Jan 20133
Dec 201210
Nov 201213
Oct 20123
Sep 20129
Aug 201213
Jul 20125
Jun 201214
May 201215
Apr 201211
Mar 201213
Feb 201211
Jan 201214
Dec 201113
Nov 201111
Oct 201114
Sep 201113
Aug 20119

Homes finished and licensed each year in Penela

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
20251119
2024108
2023513
2022412
202148
202097
201927
201847
201727
201648
201572
201469
201357
2012159
20115712
Homes finished per 1,000 residents, 2025
1.9

Who built the homes finished in Penela

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
202554.5%45.5%0.0%0.0%11
202410.0%90.0%0.0%0.0%10
20230.0%100.0%0.0%0.0%5
20220.0%100.0%0.0%0.0%4
202125.0%75.0%0.0%0.0%4
20200.0%100.0%0.0%0.0%9
20190.0%100.0%0.0%0.0%2
20180.0%100.0%0.0%0.0%4
20170.0%100.0%0.0%0.0%2
20160.0%100.0%0.0%0.0%4
20150.0%100.0%0.0%0.0%7
20140.0%100.0%0.0%0.0%6
20130.0%100.0%0.0%0.0%5
20120.0%100.0%0.0%0.0%15
201184.2%15.8%0.0%0.0%57

Homes finished in Penela, 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
20250.0%0.0%100.0%0.0%11
20240.0%20.0%40.0%40.0%10
20230.0%20.0%60.0%20.0%5
202225.0%0.0%50.0%25.0%4
20210.0%0.0%100.0%0.0%4
20200.0%22.2%55.6%22.2%9
20190.0%0.0%0.0%100.0%2
20180.0%0.0%50.0%50.0%4
20170.0%50.0%0.0%50.0%2
20160.0%25.0%75.0%0.0%4
20150.0%0.0%71.4%28.6%7
201416.7%16.7%50.0%16.7%6
201320.0%0.0%20.0%60.0%5
20126.7%20.0%53.3%20.0%15
20110.0%1.8%68.4%29.8%57

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 Penela

Asking prices have an 80% chance of landing between €908/m² and €1,105/m² by September 2027.

Expected, September 2027
€1,007/m²
Chance of a rise
99%

At the median sale price, a 90 m² home costs €70,290. With 10% down and a 30-year mortgage, the payment is €267 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
12%
Payment, one income
24%

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
€490
Owning per month
€247

Figures for Região de Coimbra: Penela 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 July 2016.

Deepest fall
−45.9%
Recovery from the low
42 months

In 2025 the population grew by 95 while 11 homes were finished: 8.6 new residents for every new home.

New residents per new home, 2025
8.6
Population change, 2025
+95

25.9% of the 4,364 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
25.9%
Empty homes
1,130

In 2025, 11% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
11%
Reconstructions per 100 new buildings
0.0

Public bodies signed €6.2M of housing works here in 2025, and €6.2M since 2012.

Signed in 2025
€6.2M
Per resident, 2025
€1,075

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/penela/supply

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.