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Vila Verde · report

New homes in Vila Verde

125.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
459
Per 1,000 residents
9.2

Homes licensed for construction in Vila Verde

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

  • Vila Verde
  • Ten-year average
Show the numbers
PeriodVila Verde
Aug 2026459
Jul 2026502
Jun 2026523
May 2026423
Apr 2026454
Mar 2026487
Feb 2026451
Jan 2026444
Dec 2025423
Nov 2025422
Oct 2025386
Sep 2025362
Aug 2025362
Jul 2025315
Jun 2025295
May 2025278
Apr 2025229
Mar 2025194
Feb 2025192
Jan 2025173
Dec 2024150
Nov 2024139
Oct 2024126
Sep 2024124
Aug 2024125
Jul 2024124
Jun 2024120
May 2024128
Apr 2024127
Mar 2024131
Feb 2024156
Jan 2024174
Dec 2023198
Nov 2023205
Oct 2023208
Sep 2023210
Aug 2023219
Jul 2023235
Jun 2023239
May 2023252
Apr 2023276
Mar 2023277
Feb 2023303
Jan 2023303
Dec 2022287
Nov 2022288
Oct 2022288
Sep 2022282
Aug 2022276
Jul 2022268
Jun 2022268
May 2022250
Apr 2022223
Mar 2022215
Feb 2022187
Jan 2022175
Dec 2021170
Nov 2021160
Oct 2021173
Jul 2021175
Apr 2021191
Jan 2021160
Oct 2020152
Sep 2020146
Aug 2020151
Jul 2020147
Jun 2020154
May 2020132
Apr 2020137
Mar 2020140
Feb 2020135
Jan 2020162
Dec 2019161
Nov 2019155
Oct 2019163
Sep 2019160
Aug 2019168
Jul 2019166
Jun 2019159
May 2019169
Apr 2019168
Mar 2019163
Feb 2019167
Jan 2019156
Dec 2018150
Nov 2018148
Oct 2018141
Sep 2018134
Aug 2018116
Jul 2018121
Jun 2018121
May 2018115
Apr 2018121
Mar 2018121
Feb 2018123
Jan 2018109
Dec 2017112
Nov 2017115
Oct 2017113
Sep 2017113
Aug 2017114
Jul 2017129
Jun 2017133
May 2017130
Apr 2017119
Mar 2017120
Feb 2017118
Jan 2017119
Dec 2016119
Nov 2016116
Oct 2016116
Sep 2016110
Aug 2016111
Jul 2016100
Jun 201695
May 201692
Apr 201689
Mar 201690
Feb 201687
Jan 201684
Dec 201582
Nov 201582
Oct 201576
Sep 201576
Aug 201576
Jul 201566
Jun 201564
May 201563
Apr 201561
Mar 201555
Feb 201555
Jan 201552
Dec 201447
Nov 201450
Oct 201454
Sep 201456
Aug 201451
Jul 201448
Jun 201448
May 201449
Apr 201454
Mar 201458
Feb 201451
Jan 201456
Dec 201363
Nov 201364
Oct 201369
Sep 201371
Aug 201377
Jul 201382
Jun 201383
May 201390
Apr 2013101
Mar 2013100
Feb 2013128
Jan 2013127
Dec 2012132
Nov 2012128
Oct 2012119
Sep 2012120
Aug 2012118
Jul 2012124
Jun 2012124
May 2012130
Apr 2012118
Mar 2012121
Feb 2012105
Jan 2012111
Dec 2011114
Nov 2011135
Oct 2011143
Sep 2011135
Aug 2011127

Homes finished and licensed each year in Vila Verde

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
2025177423
2024132150
2023203198
2022156287
2021111170
202081159
201991161
2018116150
201774112
201668119
20155482
20146947
20138263
2012145132
2011170114
Homes finished per 1,000 residents, 2025
3.6

Who built the homes finished in Vila Verde

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
202513.6%85.9%0.6%0.0%177
202415.2%84.8%0.0%0.0%132
202349.8%48.3%2.0%0.0%203
202237.2%62.8%0.0%0.0%156
202118.0%82.0%0.0%0.0%111
202014.8%85.2%0.0%0.0%81
201911.0%89.0%0.0%0.0%91
201825.0%75.0%0.0%0.0%116
20174.1%95.9%0.0%0.0%74
20165.9%94.1%0.0%0.0%68
20159.3%90.7%0.0%0.0%54
201413.0%87.0%0.0%0.0%69
201311.0%89.0%0.0%0.0%82
20129.7%90.3%0.0%0.0%145
201115.9%84.1%0.0%0.0%170

Homes finished in Vila Verde, 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
20252.3%10.2%72.9%14.7%177
20242.3%10.6%78.0%9.1%132
202310.8%8.9%72.9%7.4%203
20221.9%10.9%82.1%5.1%156
20214.5%6.3%81.1%8.1%111
20202.5%3.7%82.7%11.1%81
20190.0%5.5%79.1%15.4%91
20180.9%16.4%74.1%8.6%116
20170.0%2.7%81.1%16.2%74
20160.0%5.9%80.9%13.2%68
20151.9%3.7%74.1%20.4%54
20140.0%4.3%69.6%26.1%69
20130.0%4.9%67.1%28.0%82
20120.7%4.1%77.2%17.9%145
20111.8%7.6%70.0%20.6%170

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 Verde

Next 12 months

Asking prices have an 80% chance of landing between €1,796/m² and €2,053/m² by September 2027.

Expected, September 2027
€1,924/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €141,840. With 10% down and a 30-year mortgage, the payment is €538 a month. Banco de Portugal caps it at 50% of a household's net income.

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

Buy or rent

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
€541
Owning per month
€486

Asking against valuation

Sellers ask 5.5% more than banks value homes at. A year ago the gap was +0.5%.

Gap today
+5.5%
Change in a year
+5.0 pp

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 7.8% more per m² than buyers living in Portugal.

Abroad against residents
+7.8%

Past cycles

Bank valuations have fallen by 3% or more 15 times since 2015. The deepest began in November 2022.

Deepest fall
−13.0%
Recovery from the low
6 months

People and new homes

In 2025 the population grew by 519 while 177 homes were finished: 2.9 new residents for every new home.

New residents per new home, 2025
2.9
Population change, 2025
+519

Empty homes

9.2% of the 24,455 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.2%
Empty homes
2,256

Renovation

In 2025, 1% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
1%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €13K of housing works here in 2025, and €42.4K since 2012.

Signed in 2025
€13K
Per resident, 2025
€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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