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Península de Setúbal · report

New homes in Península de Setúbal

27.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,664
Per 1,000 residents
2.8

Homes licensed for construction in Península de Setúbal

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

  • Península de Setúbal
  • Ten-year average
Show the numbers
PeriodPenínsula de Setúbal
Aug 20262,664
Jul 20262,664
Jun 20262,493
May 20262,485
Apr 20262,556
Mar 20262,507
Feb 20262,307
Jan 20262,095
Dec 20252,073
Nov 20252,222
Oct 20252,380
Sep 20252,292
Aug 20252,398
Jul 20252,530
Jun 20252,630
May 20252,654
Apr 20252,507
Mar 20252,515
Feb 20252,503
Jan 20252,442
Dec 20242,615
Nov 20242,651
Oct 20242,491
Sep 20242,470
Aug 20242,346
Jul 20242,156
Jun 20242,062
May 20242,113
Apr 20242,122
Mar 20242,225
Feb 20242,323
Jan 20242,283
Dec 20232,190
Nov 20232,151
Oct 20232,095
Sep 20232,281
Aug 20232,323
Jul 20232,376
Jun 20232,556
May 20232,547
Apr 20232,567
Mar 20232,499
Feb 20232,441
Jan 20232,523
Dec 20222,606
Nov 20222,578
Oct 20222,610
Sep 20222,437
Aug 20222,472
Jul 20222,474
Jun 20222,364
May 20222,353
Apr 20222,409
Mar 20222,391
Feb 20222,534
Jan 20222,489
Dec 20212,377
Nov 20212,401
Oct 20212,327
Jul 20212,192
Apr 20212,144
Jan 20211,982
Oct 20202,055
Sep 20202,149
Aug 20202,177
Jul 20202,309
Jun 20202,257
May 20202,352
Apr 20202,309
Mar 20202,486
Feb 20202,540
Jan 20202,515
Dec 20192,461
Nov 20192,455
Oct 20192,361
Sep 20192,288
Aug 20192,281
Jul 20192,138
Jun 20192,158
May 20191,969
Apr 20191,942
Mar 20191,892
Feb 20191,821
Jan 20191,798
Dec 20181,763
Nov 20181,784
Oct 20181,792
Sep 20181,744
Aug 20181,714
Jul 20181,709
Jun 20181,728
May 20181,718
Apr 20181,678
Mar 20181,566
Feb 20181,553
Jan 20181,397
Dec 20171,373
Nov 20171,295
Oct 20171,223
Sep 20171,204
Aug 20171,172
Jul 20171,080
Jun 20171,004
May 2017994
Apr 2017927
Mar 20171,058
Feb 2017982
Jan 20171,011
Dec 2016959
Nov 2016944
Oct 2016934
Sep 2016914
Aug 2016954
Jul 2016940
Jun 2016858
May 2016808
Apr 2016821
Mar 2016601
Feb 2016588
Jan 2016556
Dec 2015531
Nov 2015505
Oct 2015487
Sep 2015432
Aug 2015335
Jul 2015356
Jun 2015363
May 2015350
Apr 2015327
Mar 2015355
Feb 2015331
Jan 2015332
Dec 2014376
Nov 2014332
Oct 2014331
Sep 2014359
Aug 2014342
Jul 2014317
Jun 2014333
May 2014270
Apr 2014302
Mar 2014287
Feb 2014259
Jan 2014305
Dec 2013232
Nov 2013246
Oct 2013290
Sep 2013264
Aug 2013242
Jul 2013319
Jun 2013285
May 2013302
Apr 2013330
Mar 2013316
Feb 2013350
Jan 2013399
Dec 2012414
Nov 2012411
Oct 2012461
Sep 2012505
Aug 2012523
Jul 2012594
Jun 2012622
May 2012634
Apr 2012755
Mar 2012848
Feb 2012770
Jan 2012826
Dec 2011987
Nov 20111,037
Oct 20111,104
Sep 20111,108
Aug 2011962

Homes finished and licensed each year in Península de Setúbal

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
20252,3322,073
20241,9182,616
20231,7902,197
20221,6622,606
20211,9022,377
20201,6442,013
20191,2282,460
20181,1271,767
20176741,365
2016553977
2015449526
2014352350
2013609252
20121,090412
20111,835918
Homes finished per 1,000 residents, 2025
2.5

Who built the homes finished in Península de Setúbal

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
202572.5%27.5%0.0%0.0%2,332
202461.1%38.9%0.1%0.0%1,918
202363.5%36.4%0.1%0.0%1,790
202264.4%35.6%0.0%0.0%1,662
202165.1%34.3%0.6%0.1%1,902
202064.1%35.6%0.2%0.2%1,644
201966.3%32.8%0.6%0.3%1,228
201872.3%25.9%1.8%0.0%1,127
201764.8%34.9%0.3%0.0%674
201665.3%34.5%0.2%0.0%553
201569.3%30.3%0.4%0.0%449
201448.3%51.7%0.0%0.0%352
201354.5%42.5%0.2%2.8%609
201261.6%37.2%0.0%1.3%1,090
201165.5%33.3%0.3%0.9%1,835

Homes finished in Península de Setúbal, 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
20258.4%23.5%45.8%22.3%2,332
20247.0%20.1%43.2%29.7%1,918
20233.0%20.7%45.9%30.4%1,790
20221.8%14.4%54.2%29.6%1,662
20214.9%18.9%48.1%28.1%1,902
20203.9%14.5%51.4%30.2%1,644
20192.9%15.8%53.7%27.6%1,228
20184.3%19.8%47.4%28.5%1,127
20173.7%14.8%52.5%28.9%674
20165.2%20.3%50.5%24.1%553
20155.3%17.4%53.7%23.6%449
20145.4%17.3%45.7%31.5%352
20136.1%24.1%47.6%22.2%609
20126.2%22.0%50.3%21.5%1,090
20114.7%29.9%44.4%21.0%1,835

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 Península de Setúbal

Next 12 months

Bank valuations have an 80% chance of landing between €3,107/m² and €3,406/m² by September 2027.

Expected, September 2027
€3,257/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €256,050. With 10% down and a 30-year mortgage, the payment is €972 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
37%
Payment, one income
75%

Buy or rent

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
€1,040
Owning per month
€913

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 14.0% more per m² than buyers living in Portugal.

Abroad against residents
+14.0%

Past cycles

Bank valuations have fallen by 3% or more once since 2011. That fall began in April 2011.

Deepest fall
−19.2%
Recovery from the low
39 months

People and new homes

In 2025 the population grew by 9,953 while 2,332 homes were finished: 4.3 new residents for every new home.

New residents per new home, 2025
4.3
Population change, 2025
+9,953

Renovation

In 2025, 4% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
4%
Reconstructions per 100 new buildings
0.2

Public housing works

Public bodies signed €71.7M of housing works here in 2025, and €155.9M since 2012.

Signed in 2025
€71.7M
Per resident, 2025
€76

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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