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Ílhavo · report

Renovation in Ílhavo

In 2025, 12% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
12%
Reconstructions per 100 new buildings
0.0

Buildings finished in Ílhavo, 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
2025111780126
202490940103
2023127442137
2022123920134
2021116910126
202093620101
20196172070
20185621160
20174201043
20163774250
20153975152
20143602038
20133140035
20125000050
20117010071

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 Ílhavo

Asking prices have an 80% chance of landing between €2,289/m² and €2,780/m² by September 2027.

Expected, September 2027
€2,535/m²
Chance of a rise
67%

At the bank valuation, a 90 m² home costs €162,540. With 10% down and a 30-year mortgage, the payment is €617 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
46%

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
€756
Owning per month
€714

Sellers ask 35.6% more than banks value homes at. A year ago the gap was +27.4%.

Gap today
+35.6%
Change in a year
+8.2 pp

17.5% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
188
Per 1,000 residents
4.3

Figures for Região de Aveiro: Ílhavo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 15.3% more per m² than buyers living in Portugal.

Abroad against residents
+15.3%

Bank valuations have fallen by 3% or more 13 times since 2015. The deepest began in March 2015.

Deepest fall
−19.4%
Recovery from the low
14 months

In 2025 the population grew by 324 while 204 homes were finished: 1.6 new residents for every new home.

New residents per new home, 2025
1.6
Population change, 2025
+324

9.8% of the 22,515 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.8%
Empty homes
2,201

Public bodies signed €9.6M of housing works here in 2025, and €10.1M since 2012.

Signed in 2025
€9.6M
Per resident, 2025
€222

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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