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Vila Nova de Famalicão · report

Renovation in Vila Nova de Famalicão

In 2025, 15% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
15%
Reconstructions per 100 new buildings
0.0

Buildings finished in Vila Nova de Famalicão, 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
20252393760282
20242504980307
20232134901263
20223175141373
20213016760374
20203373920378
20192892720318
20182551200267
20172882900317
20162093500244
20152263500261
20141851901205
20132334010274
20122565911317
20112874203332

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 Vila Nova de Famalicão

Asking prices have an 80% chance of landing between €2,209/m² and €2,534/m² by September 2027.

Expected, September 2027
€2,371/m²
Chance of a rise
97%

At the bank valuation, a 90 m² home costs €163,080. With 10% down and a 30-year mortgage, the payment is €619 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
24%
Payment, one income
48%

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
€621
Owning per month
€587

Sellers ask 17.2% more than banks value homes at. A year ago the gap was +13.6%.

Gap today
+17.2%
Change in a year
+3.6 pp

0.2% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
510
Per 1,000 residents
3.5

Figures for Ave: Vila Nova de Famalicão has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 17.9% less per m² than buyers living in Portugal.

Abroad against residents
−17.9%

Bank valuations have fallen by 3% or more 2 times since 2011. The deepest began in June 2011.

Deepest fall
−20.6%
Recovery from the low
46 months

In 2025 the population grew by 1,151 while 475 homes were finished: 2.4 new residents for every new home.

New residents per new home, 2025
2.4
Population change, 2025
+1,151

9.1% of the 57,678 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.1%
Empty homes
5,263

Public bodies signed €3.6M of housing works here in 2025, and €10.5M since 2012.

Signed in 2025
€3.6M
Per resident, 2025
€25

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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