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Póvoa de Varzim · report

Public housing works in Póvoa de Varzim

Public bodies signed €12.4M of housing works here in 2025, and €29.7M since 2012.

Signed in 2025
€12.4M
Per resident, 2025
€172

Public housing works signed in Póvoa de Varzim

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€12,446,780
2024€15,001,746
2023€1,224,638
2022€89,904
2021€27,455
2020€45,000
2019€10,600
2018€429,502
2017€280,288
2016€48,544
2015€30,009
2014€72,799
2013€0
2012€0

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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 Póvoa de Varzim

Asking prices have an 80% chance of landing between €2,729/m² and €3,085/m² by September 2027.

Expected, September 2027
€2,907/m²
Chance of a rise
93%

At the bank valuation, a 90 m² home costs €207,990. With 10% down and a 30-year mortgage, the payment is €789 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
33%
Payment, one income
66%

Owning and renting a 90 m² home cost about the same each month. 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
€818
Owning per month
€781

Sellers ask 16.8% more than banks value homes at. A year ago the gap was +18.6%.

Gap today
+16.8%
Change in a year
−1.8 pp

44.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
230
Per 1,000 residents
3.2

Figures for Área Metropolitana do Porto: Póvoa de Varzim has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Bank valuations have fallen by 3% or more 11 times since 2011. The deepest began in July 2012.

Deepest fall
−28.0%
Recovery from the low
50 months

In 2025 the population grew by 783 while 1 homes were finished: 783.0 new residents for every new home.

New residents per new home, 2025
783.0
Population change, 2025
+783

7.3% of the 36,143 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
7.3%
Empty homes
2,635

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
0.0

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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