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Serpa · report

New homes in Serpa

61.8% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
5
Per 1,000 residents
0.3

Homes licensed for construction in Serpa

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

  • Serpa
  • Ten-year average
Show the numbers
PeriodSerpa
Aug 20265
Jul 20267
Jun 20268
May 20269
Apr 20269
Mar 20269
Feb 202610
Jan 202610
Dec 202510
Nov 202511
Oct 202511
Sep 202511
Aug 20258
Jul 202510
Jun 202510
May 20258
Apr 202510
Mar 202511
Feb 20258
Jan 202511
Dec 202411
Nov 20249
Oct 202410
Sep 202411
Aug 202413
Jul 202412
Jun 20247
May 202412
Apr 202412
Mar 20246
Feb 202412
Jan 20249
Dec 20237
Nov 202316
Oct 202316
Sep 20235
Aug 202319
Jul 202314
Jun 20235
May 202318
Apr 202313
Mar 20237
Feb 202322
Jan 202317
Dec 20229
Nov 202220
Oct 202219
Sep 202216
Aug 202219
Jul 202219
Jun 202220
May 202221
Apr 202221
Mar 202219
Feb 202218
Jan 202222
Dec 202119
Nov 202118
Oct 202117
Jul 202120
Apr 202120
Jan 202114
Oct 202010
Sep 202018
Aug 202016
Jul 202012
Jun 202020
May 202013
Apr 202013
Mar 202018
Feb 202011
Jan 202014
Dec 201915
Nov 201910
Oct 201914
Sep 201912
Aug 20195
Jul 20199
Jun 201910
May 201911
Apr 201912
Mar 201915
Feb 201915
Jan 201916
Dec 201817
Nov 201819
Oct 201821
Sep 201821
Aug 201822
Jul 201822
Jun 201820
May 201817
Apr 201815
Mar 201812
Feb 201811
Jan 201811
Dec 201711
Nov 20179
Oct 20177
Sep 20178
Aug 20177
Jul 20178
Jun 201710
May 201710
Apr 201711
Mar 201714
Feb 201714
Jan 201713
Dec 201612
Nov 201613
Oct 201612
Sep 201610
Aug 201610
Jul 20168
Jun 20169
May 201610
Apr 20169
Mar 20166
Feb 20166
Jan 20168
Dec 20159
Nov 20158
Oct 20159
Sep 20159
Aug 20159
Jul 201510
Jun 20155
May 20155
Apr 20158
Mar 20156
Feb 20156
Jan 20157
Dec 20143
Nov 20143
Oct 20145
Sep 20143
Aug 20142
Jul 20145
Jun 20144
May 20143
Apr 20143
Mar 20142
Feb 20142
Jan 20142
Dec 20132
Nov 20132
Oct 20132
Sep 20132
Aug 20132
Jul 20133
Jun 20133
May 20135
Apr 20135
Mar 20136
Feb 20137
Jan 20137
Dec 20127
Nov 20127
Oct 20127
Sep 20126
Aug 20126
Jul 20125
Jun 20126
May 20124
Apr 20127
Mar 20126
Feb 20126
Jan 20129
Dec 201111
Nov 201111
Oct 201112
Sep 201112
Aug 201112

Homes finished and licensed each year in Serpa

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
2025610
20241711
20231310
20221416
20211519
2020818
20191313
2018717
20171211
2016512
201579
201414
201342
2012137
20111311
Homes finished per 1,000 residents, 2025
0.4

Who built the homes finished in Serpa

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
202533.3%66.7%0.0%0.0%6
202417.6%82.4%0.0%0.0%17
202315.4%84.6%0.0%0.0%13
20227.1%92.9%0.0%0.0%14
202113.3%86.7%0.0%0.0%15
202012.5%87.5%0.0%0.0%8
201915.4%84.6%0.0%0.0%13
201842.9%57.1%0.0%0.0%7
201725.0%75.0%0.0%0.0%12
201620.0%80.0%0.0%0.0%5
201514.3%85.7%0.0%0.0%7
20140.0%100.0%0.0%0.0%1
201375.0%25.0%0.0%0.0%4
201223.1%76.9%0.0%0.0%13
20117.7%92.3%0.0%0.0%13

Homes finished in Serpa, 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
20250.0%0.0%100.0%0.0%6
20240.0%5.9%64.7%29.4%17
20230.0%15.4%61.5%23.1%13
20227.1%7.1%78.6%7.1%14
20210.0%0.0%80.0%20.0%15
20200.0%12.5%75.0%12.5%8
20197.7%0.0%69.2%23.1%13
20180.0%14.3%71.4%14.3%7
20170.0%25.0%75.0%0.0%12
20160.0%20.0%80.0%0.0%5
20150.0%0.0%85.7%14.3%7
20140.0%0.0%100.0%0.0%1
20130.0%0.0%75.0%25.0%4
20127.7%30.8%30.8%30.8%13
20110.0%7.7%46.2%46.2%13

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 Serpa

Asking prices have an 80% chance of landing between €1,118/m² and €1,512/m² by September 2027.

Expected, September 2027
€1,315/m²
Chance of a rise
97%

At the median sale price, a 90 m² home costs €63,270. With 10% down and a 30-year mortgage, the payment is €240 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
11%
Payment, one income
22%

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
€391
Owning per month
€222

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

Over the last 12 months, buyers domiciled abroad paid 5.6% less per m² than buyers living in Portugal.

Abroad against residents
−5.6%

Asking prices have fallen by 3% or more 5 times since 2015. The deepest began in August 2016.

Deepest fall
−18.2%
Recovery from the low
57 months

In 2025 the population fell by 195 while 6 homes were finished.

Homes finished, 2025
6
Population change, 2025
−195

13.1% of the 10,478 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.1%
Empty homes
1,371

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

Public bodies signed €92.5K of housing works here in 2025, and €193.6K since 2012.

Signed in 2025
€92.5K
Per resident, 2025
€6

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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