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Terras de Trás-os-Montes · report

People and new homes in Terras de Trás-os-Montes

In 2025 the population fell by 384 while 261 homes were finished.

Homes finished, 2025
261
Population change, 2025
−384

Population change and homes finished in Terras de Trás-os-Montes

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
2025-384
2024571
2023940
20221,250
2021-1,262

Homes finished

Show the numbers
YearHomes finished
2025261
2024266
2023234
2022309
2021220

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+22−1,284−1,262220
2022+2,393−1,143+1,250309
2023+2,010−1,070+940234
2024+1,751−1,180+571266
2025+768−1,152−384261

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Terras de Trás-os-Montes

Bank valuations have an 80% chance of landing between €1,110/m² and €1,405/m² by September 2027.

Expected, September 2027
€1,258/m²
Chance of a rise
91%

At the bank valuation, a 90 m² home costs €99,540. With 10% down and a 30-year mortgage, the payment is €378 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
33%

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
€375
Owning per month
€287

38.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
422
Per 1,000 residents
3.9

Over the last 12 months, buyers domiciled abroad paid 27.2% less per m² than buyers living in Portugal.

Abroad against residents
−27.2%

Bank valuations have fallen by 3% or more 10 times since 2011. The deepest began in April 2011.

Deepest fall
−21.8%
Recovery from the low
45 months

In 2025, 12% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
12%
Reconstructions per 100 new buildings
4.8

Public bodies signed €2.1M of housing works here in 2025, and €11M since 2012.

Signed in 2025
€2.1M
Per resident, 2025
€19

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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