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Vila Real de Santo António · report

New homes in Vila Real de Santo António

20.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
105
Per 1,000 residents
4.7

Homes licensed for construction in Vila Real de Santo António

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Vila Real de Santo António
  • Ten-year average
Show the numbers
PeriodVila Real de Santo António
Aug 2026105
Jul 202680
Jun 202686
May 2026199
Apr 2026185
Mar 2026189
Feb 2026169
Jan 2026161
Dec 2025165
Nov 2025169
Oct 2025180
Sep 2025198
Aug 2025204
Jul 2025226
Jun 2025223
May 2025112
Apr 2025129
Mar 2025164
Feb 2025151
Jan 2025150
Dec 2024166
Nov 2024163
Oct 2024163
Sep 2024151
Aug 2024172
Jul 2024144
Jun 2024140
May 2024140
Apr 2024125
Mar 202488
Feb 2024101
Jan 2024107
Dec 2023107
Nov 2023115
Oct 2023104
Sep 2023124
Aug 202398
Jul 2023106
Jun 2023107
May 2023109
Apr 2023115
Mar 2023113
Feb 2023117
Jan 2023123
Dec 2022105
Nov 2022123
Oct 2022129
Sep 2022102
Aug 2022111
Jul 2022102
Jun 2022109
May 2022110
Apr 2022116
Mar 2022109
Feb 202293
Jan 202279
Dec 202180
Nov 202160
Oct 202178
Jul 202195
Apr 2021155
Jan 2021170
Oct 2020177
Sep 2020210
Aug 2020217
Jul 2020233
Jun 2020167
May 2020155
Apr 2020184
Mar 2020183
Feb 2020189
Jan 2020189
Dec 2019162
Nov 2019165
Oct 2019152
Sep 2019130
Aug 2019100
Jul 201999
Jun 2019102
May 2019106
Apr 2019125
Mar 2019124
Feb 2019115
Jan 2019121
Dec 2018125
Nov 2018125
Oct 2018133
Sep 2018117
Aug 2018118
Jul 2018122
Jun 2018114
May 2018100
Apr 201886
Mar 201887
Feb 2018109
Jan 201895
Dec 2017116
Nov 2017122
Oct 2017117
Sep 2017113
Aug 2017115
Jul 2017138
Jun 2017142
May 2017142
Apr 2017116
Mar 2017118
Feb 2017103
Jan 2017123
Dec 2016104
Nov 2016113
Oct 2016111
Sep 2016106
Aug 2016106
Jul 201676
Jun 201665
May 201672
Apr 201673
Mar 201659
Feb 201662
Jan 201642
Dec 201527
Nov 201538
Oct 201551
Sep 201540
Aug 201550
Jul 201548
Jun 201555
May 201564
Apr 201567
Mar 201570
Feb 201570
Jan 201580
Dec 201477
Nov 201447
Oct 201464
Sep 201453
Aug 201441
Jul 201466
Jun 201444
May 201421
Apr 201442
Mar 201437
Feb 201419
Jan 201453
Dec 201351
Nov 201319
Oct 201359
Sep 201347
Aug 20137
Jul 201368
Jun 201353
May 201325
Apr 201378
Mar 201355
Feb 201370
Jan 2013110
Dec 201290
Nov 201284
Oct 201291
Sep 201291
Aug 2012228
Jul 2012242
Jun 2012253
May 2012245
Apr 2012266
Mar 2012295
Feb 2012250
Jan 2012242
Dec 2011276
Nov 2011289
Oct 2011306
Sep 2011304
Aug 2011165

Homes finished and licensed each year in Vila Real de Santo António

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
2025113165
2024180166
202371107
2022114105
202118180
202097192
2019113162
2018114125
2017106116
2016104104
201512735
20149776
201315344
201216588
2011283276
Homes finished per 1,000 residents, 2025
5.1

Who built the homes finished in Vila Real de Santo António

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202590.3%9.7%0.0%0.0%113
202488.9%11.1%0.0%0.0%180
202388.7%11.3%0.0%0.0%71
202278.9%21.1%0.0%0.0%114
202189.5%10.5%0.0%0.0%181
202067.0%33.0%0.0%0.0%97
201980.5%19.5%0.0%0.0%113
201871.1%28.1%0.9%0.0%114
201775.5%24.5%0.0%0.0%106
201693.3%6.7%0.0%0.0%104
201588.2%11.8%0.0%0.0%127
201492.8%7.2%0.0%0.0%97
201354.2%45.8%0.0%0.0%153
201268.5%31.5%0.0%0.0%165
201177.0%23.0%0.0%0.0%283

Homes finished in Vila Real de Santo António, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
202556.6%20.4%19.5%3.5%113
202472.8%20.6%6.1%0.6%180
202357.7%23.9%15.5%2.8%71
202245.6%29.8%21.1%3.5%114
202163.5%25.4%8.8%2.2%181
202064.9%19.6%14.4%1.0%97
201964.6%22.1%12.4%0.9%113
201862.3%12.3%21.9%3.5%114
201769.8%7.5%13.2%9.4%106
201644.2%39.4%14.4%1.9%104
201563.0%26.0%7.1%3.9%127
201456.7%32.0%11.3%0.0%97
201351.0%39.2%5.2%4.6%153
201264.2%25.5%4.2%6.1%165
201155.1%20.8%12.4%11.7%283

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Vila Real de Santo António

Next 12 months

Asking prices have an 80% chance of landing between €3,665/m² and €4,198/m² by September 2027.

Expected, September 2027
€3,931/m²
Chance of a rise
80%

Affordability

At the bank valuation, a 90 m² home costs €264,330. With 10% down and a 30-year mortgage, the payment is €1,003 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
46%
Payment, one income
91%

Buy or rent

Renting a 90 m² home costs less each month than owning 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
€893
Owning per month
€984

Asking against valuation

Sellers ask 27.8% more than banks value homes at. A year ago the gap was +36.6%.

Gap today
+27.8%
Change in a year
−8.8 pp

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 5.2% more per m² than buyers living in Portugal.

Abroad against residents
+5.2%

Past cycles

Bank valuations have fallen by 3% or more 7 times since 2020. The deepest began in September 2020.

Deepest fall
−14.6%
Recovery from the low
5 months

People and new homes

In 2025 the population fell by 51 while 113 homes were finished.

Homes finished, 2025
113
Population change, 2025
−51

Empty homes

14.9% of the 20,740 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.9%
Empty homes
3,085

Renovation

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

Public housing works

Public bodies signed €44.6M of housing works here in 2025, and €44.7M since 2012.

Signed in 2025
€44.6M
Per resident, 2025
€1,994

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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