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Porto · report

Public housing works in Porto

Public bodies signed €24.4M of housing works here in 2025, and €138.8M since 2012.

Signed in 2025
€24.4M
Per resident, 2025
€89

Public housing works signed in Porto

Contracts to build and renovate housing published on Portal BASE, by the year they were signed, before VAT. Complete years only; the data runs to October 22, 2026.

Show the numbers
YearValue signed
2025€24,430,585
2024€27,042,444
2023€9,488,194
2022€6,061,819
2021€7,440,345
2020€12,959,906
2019€6,407,524
2018€8,693,307
2017€15,637,172
2016€5,111,785
2015€4,061,467
2014€3,038,437
2013€4,861,480
2012€3,548,695

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Contracts are placed in a municipality from the place of work they name; one that names several municipalities is split evenly between them. A district or region adds up its municipalities. The value is the price at signing; later changes to it are not added.

Other reports for Porto

Asking prices have an 80% chance of landing between €4,286/m² and €4,742/m² by September 2027.

Expected, September 2027
€4,514/m²
Chance of a rise
83%

At the bank valuation, a 90 m² home costs €301,140. With 10% down and a 30-year mortgage, the payment is €1,143 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
47%
Payment, one income
93%

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
€1,303
Owning per month
€1,146

Sellers ask 29.9% more than banks value homes at. A year ago the gap was +28.9%.

Gap today
+29.9%
Change in a year
+1.0 pp

109.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,050
Per 1,000 residents
11.2

Over the last 12 months, buyers domiciled abroad paid 22.8% more per m² than buyers living in Portugal.

Abroad against residents
+22.8%

Bank valuations have fallen by 3% or more 5 times since 2011. The deepest began in September 2011.

Deepest fall
−19.0%
Recovery from the low
25 months

In 2025 the population fell by 503 while 1,306 homes were finished.

Homes finished, 2025
1,306
Population change, 2025
−503

15.2% of the 133,352 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.2%
Empty homes
20,270

In 2025, 50% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
50%
Reconstructions per 100 new buildings
1.3

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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