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Guimarães · report

New homes in Guimarães

56.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
944
Per 1,000 residents
5.7

Homes licensed for construction in Guimarães

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

  • Guimarães
  • Ten-year average
Show the numbers
PeriodGuimarães
Aug 2026944
Jul 2026984
Jun 20261,013
May 20261,016
Apr 2026963
Mar 2026836
Feb 2026773
Jan 2026734
Dec 2025739
Nov 2025720
Oct 2025703
Sep 2025734
Aug 2025751
Jul 2025748
Jun 2025740
May 2025650
Apr 2025592
Mar 2025648
Feb 2025625
Jan 2025578
Dec 2024572
Nov 2024578
Oct 2024591
Sep 2024563
Aug 2024562
Jul 2024604
Jun 2024624
May 2024695
Apr 2024748
Mar 2024745
Feb 2024756
Jan 2024825
Dec 2023925
Nov 2023920
Oct 2023876
Sep 2023877
Aug 2023866
Jul 2023769
Jun 2023761
May 2023709
Apr 2023670
Mar 2023659
Feb 2023706
Jan 2023686
Dec 2022596
Nov 2022602
Oct 2022637
Sep 2022630
Aug 2022668
Jul 2022722
Jun 2022748
May 2022778
Apr 2022763
Mar 2022697
Feb 2022703
Jan 2022675
Dec 2021654
Nov 2021645
Oct 2021626
Jul 2021716
Apr 2021623
Jan 2021535
Oct 2020541
Sep 2020509
Aug 2020487
Jul 2020398
Jun 2020433
May 2020411
Apr 2020477
Mar 2020469
Feb 2020550
Jan 2020557
Dec 2019579
Nov 2019582
Oct 2019568
Sep 2019608
Aug 2019639
Jul 2019654
Jun 2019603
May 2019670
Apr 2019647
Mar 2019682
Feb 2019608
Jan 2019592
Dec 2018594
Nov 2018612
Oct 2018588
Sep 2018521
Aug 2018514
Jul 2018501
Jun 2018491
May 2018446
Apr 2018396
Mar 2018361
Feb 2018353
Jan 2018369
Dec 2017368
Nov 2017346
Oct 2017356
Sep 2017333
Aug 2017303
Jul 2017318
Jun 2017314
May 2017297
Apr 2017305
Mar 2017306
Feb 2017309
Jan 2017281
Dec 2016253
Nov 2016245
Oct 2016231
Sep 2016233
Aug 2016240
Jul 2016238
Jun 2016243
May 2016231
Apr 2016220
Mar 2016202
Feb 2016202
Jan 2016201
Dec 2015193
Nov 2015197
Oct 2015193
Sep 2015198
Aug 2015184
Jul 2015166
Jun 2015160
May 2015161
Apr 2015159
Mar 2015165
Feb 2015155
Jan 2015148
Dec 2014140
Nov 2014133
Oct 2014127
Sep 2014110
Aug 2014113
Jul 2014107
Jun 2014114
May 2014104
Apr 2014102
Mar 2014100
Feb 201491
Jan 2014111
Dec 2013113
Nov 2013115
Oct 2013116
Sep 2013115
Aug 2013112
Jul 2013119
Jun 2013125
May 2013130
Apr 2013159
Mar 2013163
Feb 2013171
Jan 2013155
Dec 2012168
Nov 2012166
Oct 2012176
Sep 2012192
Aug 2012209
Jul 2012203
Jun 2012200
May 2012225
Apr 2012227
Mar 2012238
Feb 2012248
Jan 2012262
Dec 2011258
Nov 2011268
Oct 2011269
Sep 2011250
Aug 2011223

Homes finished and licensed each year in Guimarães

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
2025667739
2024313572
2023613925
2022373596
2021409654
2020531530
2019311579
2018242594
2017177368
2016166253
2015154193
2014138140
2013176113
2012290168
2011402258
Homes finished per 1,000 residents, 2025
4.0

Who built the homes finished in Guimarães

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
202565.7%34.3%0.0%0.0%667
202450.5%49.5%0.0%0.0%313
202359.7%40.3%0.0%0.0%613
202243.2%56.8%0.0%0.0%373
202151.8%47.9%0.2%0.0%409
202067.0%33.0%0.0%0.0%531
201944.7%55.3%0.0%0.0%311
201835.1%64.9%0.0%0.0%242
201732.2%67.8%0.0%0.0%177
201625.9%74.1%0.0%0.0%166
201542.2%57.8%0.0%0.0%154
201431.2%68.8%0.0%0.0%138
201324.4%75.6%0.0%0.0%176
201231.4%68.6%0.0%0.0%290
201120.1%79.9%0.0%0.0%402

Homes finished in Guimarães, 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
202533.7%25.9%37.8%2.5%667
20247.0%14.1%71.9%7.0%313
202313.2%29.0%53.5%4.2%613
20224.3%18.5%72.4%4.8%373
20211.5%20.8%74.6%3.2%409
202016.9%22.8%55.4%4.9%531
201914.1%11.6%70.7%3.5%311
20184.5%16.1%75.6%3.7%242
20172.3%14.1%77.4%6.2%177
20161.2%15.1%79.5%4.2%166
20159.1%24.0%61.0%5.8%154
20140.0%8.0%76.1%15.9%138
20130.0%6.8%82.4%10.8%176
20121.4%14.5%71.7%12.4%290
201110.4%15.2%66.2%8.2%402

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 Guimarães

Next 12 months

Asking prices have an 80% chance of landing between €2,351/m² and €2,653/m² by September 2027.

Expected, September 2027
€2,502/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €153,720. With 10% down and a 30-year mortgage, the payment is €583 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
47%

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
€623
Owning per month
€587

Asking against valuation

Sellers ask 22.9% more than banks value homes at. A year ago the gap was +16.6%.

Gap today
+22.9%
Change in a year
+6.3 pp

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 8.0% less per m² than buyers living in Portugal.

Abroad against residents
−8.0%

Past cycles

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

Deepest fall
−16.2%
Recovery from the low
51 months

People and new homes

In 2025 the population grew by 638 while 667 homes were finished: 1.0 new residents for every new home.

New residents per new home, 2025
1.0
Population change, 2025
+638

Empty homes

7.8% of the 69,853 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
7.8%
Empty homes
5,419

Renovation

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
0.0

Public housing works

Public bodies signed €269.4K of housing works here in 2025, and €4.9M since 2012.

Signed in 2025
€269.4K
Per resident, 2025
€2

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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