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Santarém · report

New homes in Santarém

88.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
182
Per 1,000 residents
2.6

Homes licensed for construction in Santarém

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

  • Santarém
  • Ten-year average
Show the numbers
PeriodSantarém
Aug 2026182
Jul 2026186
Jun 2026183
May 2026198
Apr 2026202
Mar 2026252
Feb 2026235
Jan 2026210
Dec 2025260
Nov 2025271
Oct 2025240
Sep 2025248
Aug 2025225
Jul 2025241
Jun 2025244
May 2025236
Apr 2025243
Mar 2025179
Feb 2025155
Jan 2025162
Dec 2024122
Nov 2024105
Oct 2024103
Sep 202493
Aug 202492
Jul 202472
Jun 202474
May 202478
Apr 202470
Mar 202465
Feb 202472
Jan 202467
Dec 202358
Nov 202356
Oct 202355
Sep 202372
Aug 202370
Jul 202373
Jun 202376
May 202369
Apr 202375
Mar 202375
Feb 202366
Jan 202363
Dec 202276
Nov 202298
Oct 2022101
Sep 202284
Aug 202295
Jul 2022102
Jun 202292
May 202289
Apr 202282
Mar 202285
Feb 202287
Jan 202291
Dec 202177
Nov 202156
Oct 202153
Jul 202144
Apr 202149
Jan 202148
Oct 202061
Sep 202053
Aug 202051
Jul 202049
Jun 202063
May 202063
Apr 202078
Mar 202072
Feb 202074
Jan 202079
Dec 201979
Nov 201995
Oct 201986
Sep 201987
Aug 201988
Jul 2019102
Jun 201987
May 201993
Apr 201977
Mar 201977
Feb 201976
Jan 201974
Dec 201873
Nov 201856
Oct 201855
Sep 201855
Aug 201854
Jul 201843
Jun 201841
May 201834
Apr 201833
Mar 201838
Feb 201837
Jan 201834
Dec 201735
Nov 201731
Oct 201738
Sep 201736
Aug 201737
Jul 201743
Jun 201746
May 201750
Apr 201753
Mar 201774
Feb 201775
Jan 201784
Dec 201694
Nov 201699
Oct 201695
Sep 2016103
Aug 2016110
Jul 2016103
Jun 2016102
May 2016103
Apr 2016104
Mar 201682
Feb 201681
Jan 201676
Dec 201565
Nov 201562
Oct 201558
Sep 201554
Aug 201545
Jul 201546
Jun 201545
May 201539
Apr 201539
Mar 201537
Feb 201535
Jan 201530
Dec 201428
Nov 201430
Oct 201429
Sep 201425
Aug 201424
Jul 201422
Jun 201424
May 201426
Apr 201428
Mar 201426
Feb 201429
Jan 201428
Dec 201330
Nov 201329
Oct 201332
Sep 201335
Aug 201337
Jul 201343
Jun 201342
May 201344
Apr 201343
Mar 201342
Feb 201341
Jan 201344
Dec 201247
Nov 201244
Oct 201248
Sep 201249
Aug 201254
Jul 201250
Jun 201249
May 201249
Apr 201254
Mar 201260
Feb 201258
Jan 201264
Dec 201162
Nov 201165
Oct 201161
Sep 201156
Aug 201148

Homes finished and licensed each year in Santarém

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
202550260
202480122
20235958
20225576
20216677
202013748
20196679
20186473
20176835
20161994
20151165
20142228
20133430
20126247
201114562
Homes finished per 1,000 residents, 2025
0.7

Who built the homes finished in Santarém

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
202554.0%46.0%0.0%0.0%50
202456.3%43.8%0.0%0.0%80
202335.6%64.4%0.0%0.0%59
202245.5%54.5%0.0%0.0%55
202136.4%63.6%0.0%0.0%66
202067.9%32.1%0.0%0.0%137
201943.9%54.5%1.5%0.0%66
201810.9%89.1%0.0%0.0%64
201758.8%41.2%0.0%0.0%68
201610.5%89.5%0.0%0.0%19
201518.2%81.8%0.0%0.0%11
201413.6%86.4%0.0%0.0%22
201311.8%85.3%0.0%2.9%34
201222.6%75.8%0.0%1.6%62
201124.1%75.9%0.0%0.0%145

Homes finished in Santarém, 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
202510.0%12.0%54.0%24.0%50
202410.0%16.3%53.8%20.0%80
202311.9%13.6%47.5%27.1%59
20229.1%10.9%49.1%30.9%55
202116.7%10.6%45.5%27.3%66
20209.5%16.8%57.7%16.1%137
20194.5%10.6%57.6%27.3%66
20180.0%20.3%64.1%15.6%64
20172.9%14.7%72.1%10.3%68
20160.0%21.1%47.4%31.6%19
20159.1%18.2%45.5%27.3%11
20140.0%27.3%36.4%36.4%22
20130.0%11.8%41.2%47.1%34
20120.0%4.8%37.1%58.1%62
20116.2%12.4%46.2%35.2%145

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 Santarém

Next 12 months

Asking prices have an 80% chance of landing between €1,752/m² and €2,118/m² by September 2027.

Expected, September 2027
€1,935/m²
Chance of a rise
82%

Affordability

At the bank valuation, a 90 m² home costs €163,260. With 10% down and a 30-year mortgage, the payment is €619 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
51%

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
€694
Owning per month
€503

Asking against valuation

Sellers ask 0.5% less than banks value homes at. A year ago the gap was +3.8%.

Gap today
−0.5%
Change in a year
−4.3 pp

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 8.0% more per m² than buyers living in Portugal.

Abroad against residents
+8.0%

Past cycles

Bank valuations have fallen by 3% or more 7 times since 2014. The deepest began in October 2014.

Deepest fall
−15.7%
Recovery from the low
35 months

People and new homes

In 2025 the population grew by 464 while 50 homes were finished: 9.3 new residents for every new home.

New residents per new home, 2025
9.3
Population change, 2025
+464

Empty homes

16.2% of the 34,797 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.2%
Empty homes
5,651

Renovation

In 2025, 16% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
16%
Reconstructions per 100 new buildings
7.4

Public housing works

Public bodies signed €5.2M of housing works here in 2025, and €5.8M since 2012.

Signed in 2025
€5.2M
Per resident, 2025
€75

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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