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Redondo · report

Renovation in Redondo

In 2025, 54% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
54%
Reconstructions per 100 new buildings
0.0

Buildings finished in Redondo, 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
2025670013
20241020012
202333006
202262019
20211011113
202070007
2019930012
2018830011
201762008
20161140015
2015750012
20141620119
20131660022
20122720029
20113620038

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 Redondo

Asking prices have an 80% chance of landing between €1,078/m² and €1,679/m² by September 2027.

Expected, September 2027
€1,379/m²
Chance of a rise
60%

At the median sale price, a 90 m² home costs €95,400. With 10% down and a 30-year mortgage, the payment is €362 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
31%

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
€385
Owning per month
€335

9.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
8
Per 1,000 residents
1.2

Figures for Alentejo: Redondo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 24.9% more per m² than buyers living in Portugal.

Abroad against residents
+24.9%

Asking prices have fallen by 3% or more 7 times since 2016. The deepest began in January 2017.

Deepest fall
−30.1%
Recovery from the low
47 months

In 2025 the population fell by 62 while 7 homes were finished.

Homes finished, 2025
7
Population change, 2025
−62

16.8% of the 4,557 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.8%
Empty homes
766

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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