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Torres Novas · report

People and new homes in Torres Novas

In 2025 the population grew by 335 while 99 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2025
3.4
Population change, 2025
+335

Population change and homes finished in Torres Novas

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

Population change

Show the numbers
YearPopulation change
2025335
2024428
2023478
2022510
202198

Homes finished

Show the numbers
YearHomes finished
202599
202445
202344
202238
202143

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+450−352+9843
2022+799−289+51038
2023+791−313+47844
2024+695−267+42845
2025+592−257+33599

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 Torres Novas

Asking prices have an 80% chance of landing between €1,579/m² and €1,987/m² by September 2027.

Expected, September 2027
€1,783/m²
Chance of a rise
96%

At the bank valuation, a 90 m² home costs €144,810. With 10% down and a 30-year mortgage, the payment is €549 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
21%
Payment, one income
42%

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
€599
Owning per month
€379

Sellers ask 6.0% less than banks value homes at. A year ago the gap was −5.1%.

Gap today
−6.0%
Change in a year
−0.9 pp

46.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
30
Per 1,000 residents
0.8

Figures for Médio Tejo: Torres Novas has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 9.9% less per m² than buyers living in Portugal.

Abroad against residents
−9.9%

Bank valuations have fallen by 3% or more 11 times since 2015. The deepest began in June 2020.

Deepest fall
−21.1%
Recovery from the low
14 months

17.4% of the 20,974 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.4%
Empty homes
3,640

In 2025, 20% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
20%
Reconstructions per 100 new buildings
0.0

Public bodies signed €5.4M of housing works here in 2025, and €7.8M since 2012.

Signed in 2025
€5.4M
Per resident, 2025
€149

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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