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Valongo · report

Public housing works in Valongo

Public bodies signed €3M of housing works here in 2025, and €28.9M since 2012.

Signed in 2025
€3M
Per resident, 2025
€30

Public housing works signed in Valongo

Contracts to build and renovate housing published on Portal BASE, by the year they were signed, before VAT. Complete years only; the data runs to October 22, 2026.

Show the numbers
YearValue signed
2025€3,007,229
2024€16,807,429
2023€4,459,638
2022€142,727
2021€580,647
2020€721,278
2019€479,386
2018€1,491,285
2017€453,342
2016€546,340
2015€98,044
2014€49,669
2013€16,010
2012€0

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Contracts are placed in a municipality from the place of work they name; one that names several municipalities is split evenly between them. A district or region adds up its municipalities. The value is the price at signing; later changes to it are not added.

Other reports for Valongo

Asking prices have an 80% chance of landing between €2,451/m² and €2,785/m² by September 2027.

Expected, September 2027
€2,618/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €196,650. With 10% down and a 30-year mortgage, the payment is €746 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
29%
Payment, one income
57%

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
€773
Owning per month
€733

Sellers ask 6.8% more than banks value homes at. A year ago the gap was +8.4%.

Gap today
+6.8%
Change in a year
−1.5 pp

19.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
147
Per 1,000 residents
1.5

Figures for Área Metropolitana do Porto: Valongo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Bank valuations have fallen by 3% or more once since 2011. That fall began in January 2011.

Deepest fall
−20.5%
Recovery from the low
37 months

In 2025 the population grew by 89 while 162 homes were finished: 0.5 new residents for every new home.

New residents per new home, 2025
0.5
Population change, 2025
+89

7.0% of the 41,762 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
7.0%
Empty homes
2,924

In 2025, 7% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
7%
Reconstructions per 100 new buildings
0.0

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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