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Valongo · report

Renovation in Valongo

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

Buildings finished in Valongo, 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
20258460090
20247930082
20236341068
20227240076
202158120070
202045140059
201951130064
201830230053
201748160064
201641160057
201546181065
201434192156
2013703021103
2012703602108
20111171401132

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 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

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

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

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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