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Vila Real district · report

Renovation in Vila Real district

In 2025, 14% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
14%
Reconstructions per 100 new buildings
8.0

Buildings finished in Vila Real district, 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
202527515622318
202427818817321
2023254222219317
2022279241323339
2021271222330346
2020277121026325
2019209152425273
2018232211916288
201721291724262
2016208201216256
2015260541944377
2014287602548420
2013316491559439
2012416681777578
2011451431683593

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 Real district

Asking prices have an 80% chance of landing between €1,130/m² and €1,294/m² by September 2027.

Expected, September 2027
€1,212/m²
Chance of a rise
96%

Figures for Portugal: Vila Real district has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Figures for Portugal: Vila Real district has no reliable figures of its own.

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
€878
Owning per month
€715

3.0% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
390
Per 1,000 residents
2.1

Figures for Portugal: Vila Real district has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

Asking prices have fallen by 3% or more 4 times since 2015. The deepest began in February 2016.

Deepest fall
−15.0%
Recovery from the low
23 months

In 2025 the population grew by 32 while 257 homes were finished: 0.1 new residents for every new home.

New residents per new home, 2025
0.1
Population change, 2025
+32

10.9% of the 142,736 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.9%
Empty homes
15,526

Public bodies signed €21.4M of housing works here in 2025, and €63.7M since 2012.

Signed in 2025
€21.4M
Per resident, 2025
€114

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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