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Braga · report

People and new homes in Braga

In 2025 the population grew by 255 while 1,011 homes were finished: 0.3 new residents for every new home.

New residents per new home, 2025
0.3
Population change, 2025
+255

Population change and homes finished in Braga

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

Population change

Show the numbers
YearPopulation change
2025255
20243,292
20235,291
20228,270
20211,625

Homes finished

Show the numbers
YearHomes finished
20251,011
2024635
2023562
2022921
2021776

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+1,504+121+1,625776
2022+8,135+135+8,270921
2023+5,061+230+5,291562
2024+3,185+107+3,292635
2025+50+205+2551,011

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 Braga

Asking prices have an 80% chance of landing between €2,595/m² and €2,881/m² by September 2027.

Expected, September 2027
€2,738/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €183,960. With 10% down and a 30-year mortgage, the payment is €698 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
51%

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
€781
Owning per month
€694

Sellers ask 17.2% more than banks value homes at. A year ago the gap was +21.5%.

Gap today
+17.2%
Change in a year
−4.3 pp

6.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
808
Per 1,000 residents
3.8

Over the last 12 months, buyers domiciled abroad paid 16.2% more per m² than buyers living in Portugal.

Abroad against residents
+16.2%

Bank valuations have fallen by 3% or more 5 times since 2011. The deepest began in January 2012.

Deepest fall
−24.4%
Recovery from the low
49 months

8.8% of the 88,623 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.8%
Empty homes
7,772

In 2025, 11% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
11%
Reconstructions per 100 new buildings
5.0

Public bodies signed €2.4M of housing works here in 2025, and €16.2M since 2012.

Signed in 2025
€2.4M
Per resident, 2025
€11

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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