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Tavira · report

Renovation in Tavira

In 2025, 53% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
53%
Reconstructions per 100 new buildings
8.5

Buildings finished in Tavira, 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
20254725254101
2024631416497
2023351616269
202250910675
20214716101285
20205526811100
201954227487
2018411291274
2017361911571
2016201601652
2015211111447
201420961045
201330252259
20125693573
201167163086

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 Tavira

Asking prices have an 80% chance of landing between €3,617/m² and €3,986/m² by September 2027.

Expected, September 2027
€3,802/m²
Chance of a rise
95%

At the bank valuation, a 90 m² home costs €250,290. With 10% down and a 30-year mortgage, the payment is €950 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
45%
Payment, one income
91%

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
€1,031
Owning per month
€1,036

Sellers ask 28.0% more than banks value homes at. A year ago the gap was +36.9%.

Gap today
+28.0%
Change in a year
−8.9 pp

24.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
108
Per 1,000 residents
3.3

Over the last 12 months, buyers domiciled abroad paid 16.4% more per m² than buyers living in Portugal.

Abroad against residents
+16.4%

Bank valuations have fallen by 3% or more 14 times since 2015. The deepest began in July 2023.

Deepest fall
−16.9%
Recovery from the low
20 months

In 2025 the population fell by 152 while 85 homes were finished.

Homes finished, 2025
85
Population change, 2025
−152

10.9% of the 25,608 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.9%
Empty homes
2,798

Public bodies signed €4.2M of housing works here in 2025, and €6.6M since 2012.

Signed in 2025
€4.2M
Per resident, 2025
€129

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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