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Amares · report

People and new homes in Amares

In 2025 the population grew by 156 while 43 homes were finished: 3.6 new residents for every new home.

New residents per new home, 2025
3.6
Population change, 2025
+156

Population change and homes finished in Amares

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
2025156
2024216
2023464
2022520
2021-279

Homes finished

Show the numbers
YearHomes finished
202543
202473
202372
202243
2021122

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021−226−53−279122
2022+569−49+52043
2023+491−27+46472
2024+288−72+21673
2025+190−34+15643

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Amares

Asking prices have an 80% chance of landing between €1,596/m² and €1,953/m² by September 2027.

Expected, September 2027
€1,774/m²
Chance of a rise
67%

At the bank valuation, a 90 m² home costs €150,030. With 10% down and a 30-year mortgage, the payment is €569 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
24%
Payment, one income
49%

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
€545
Owning per month
€517

Sellers ask 2.8% more than banks value homes at. A year ago the gap was +13.5%.

Gap today
+2.8%
Change in a year
−10.6 pp

31.1% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
101
Per 1,000 residents
5.1

Figures for Cávado: Amares has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 2.2% less per m² than buyers living in Portugal.

Abroad against residents
−2.2%

Asking prices have fallen by 3% or more 7 times since 2015. The deepest began in July 2015.

Deepest fall
−15.8%
Recovery from the low
24 months

8.9% of the 10,122 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.9%
Empty homes
904

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

Public bodies signed €1.4M of housing works here in 2025, and €1.4M since 2012.

Signed in 2025
€1.4M
Per resident, 2025
€72

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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