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Nazaré · report

New homes in Nazaré

17.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
137
Per 1,000 residents
8.0

Homes licensed for construction in Nazaré

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

  • Nazaré
  • Ten-year average
Show the numbers
PeriodNazaré
Aug 2026137
Jul 2026151
Jun 2026141
May 2026138
Apr 2026149
Mar 2026141
Feb 2026137
Jan 2026153
Dec 2025112
Nov 2025103
Oct 2025104
Sep 2025112
Aug 2025110
Jul 202599
Jun 202595
May 2025108
Apr 2025115
Mar 2025118
Feb 2025133
Jan 2025144
Dec 2024153
Nov 2024148
Oct 2024137
Sep 2024128
Aug 2024130
Jul 2024129
Jun 2024131
May 2024122
Apr 2024101
Mar 202496
Feb 202486
Jan 202478
Dec 202376
Nov 202392
Oct 202396
Sep 2023109
Aug 2023118
Jul 2023133
Jun 2023159
May 2023155
Apr 2023158
Mar 2023150
Feb 2023155
Jan 2023159
Dec 2022175
Nov 2022174
Oct 2022174
Sep 2022162
Aug 2022164
Jul 2022150
Jun 2022112
May 2022121
Apr 2022163
Mar 2022171
Feb 2022170
Jan 2022148
Dec 2021110
Nov 2021107
Oct 2021101
Jul 202187
Apr 202174
Jan 202180
Oct 202089
Sep 202098
Aug 202095
Jul 202097
Jun 202096
May 202084
Apr 202057
Mar 202058
Feb 202062
Jan 202041
Dec 201939
Nov 201940
Oct 2019108
Sep 201996
Aug 201999
Jul 2019102
Jun 2019101
May 2019128
Apr 2019178
Mar 2019176
Feb 2019172
Jan 2019195
Dec 2018194
Nov 2018234
Oct 2018163
Sep 2018173
Aug 2018173
Jul 2018172
Jun 2018172
May 2018146
Apr 2018107
Mar 2018109
Feb 2018117
Jan 201882
Dec 2017107
Nov 201768
Oct 201757
Sep 201786
Aug 201789
Jul 201766
Jun 201781
May 201785
Apr 201755
Mar 201767
Feb 201770
Jan 201764
Dec 201657
Nov 201656
Oct 201648
Sep 201619
Aug 201627
Jul 201629
Jun 201621
May 201640
Apr 201639
Mar 201632
Feb 201632
Jan 201634
Dec 201519
Nov 201529
Oct 201529
Sep 201519
Aug 201524
Jul 201525
Jun 201520
May 201510
Apr 201517
Mar 20155
Feb 201512
Jan 201523
Dec 201414
Nov 201416
Oct 201420
Sep 201414
Aug 201413
Jul 201417
Jun 20149
May 201413
Apr 201411
Mar 201410
Feb 201410
Jan 20146
Dec 20136
Nov 20137
Oct 201313
Sep 201313
Aug 20137
Jul 201323
Jun 201317
May 201312
Apr 201332
Mar 201325
Feb 201320
Jan 201327
Dec 201223
Nov 201219
Oct 201224
Sep 201216
Aug 201241
Jul 201234
Jun 201231
May 201267
Apr 201258
Mar 201270
Feb 2012105
Jan 2012110
Dec 2011104
Nov 2011108
Oct 2011129
Sep 2011128
Aug 2011109

Homes finished and licensed each year in Nazaré

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
2025117112
202469153
202312376
2022123183
202189110
202010780
20191739
201899194
201728104
20162557
20151626
2014718
2013446
20126823
2011132107
Homes finished per 1,000 residents, 2025
6.9

Who built the homes finished in Nazaré

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
202560.7%39.3%0.0%0.0%117
202487.0%13.0%0.0%0.0%69
202382.1%17.9%0.0%0.0%123
202281.3%18.7%0.0%0.0%123
202185.4%14.6%0.0%0.0%89
202061.7%38.3%0.0%0.0%107
201941.2%58.8%0.0%0.0%17
201889.9%10.1%0.0%0.0%99
201760.7%39.3%0.0%0.0%28
201616.0%84.0%0.0%0.0%25
20150.0%100.0%0.0%0.0%16
201414.3%85.7%0.0%0.0%7
201363.6%36.4%0.0%0.0%44
201225.0%75.0%0.0%0.0%68
201175.8%24.2%0.0%0.0%132

Homes finished in Nazaré, 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
202524.8%38.5%35.9%0.9%117
202426.1%29.0%44.9%0.0%69
202365.0%12.2%22.0%0.8%123
202219.5%55.3%23.6%1.6%123
202128.1%49.4%20.2%2.2%89
202016.8%40.2%39.3%3.7%107
201929.4%29.4%17.6%23.5%17
201828.3%43.4%24.2%4.0%99
201739.3%25.0%28.6%7.1%28
201628.0%24.0%36.0%12.0%25
201550.0%6.3%25.0%18.8%16
20140.0%0.0%28.6%71.4%7
201311.4%54.5%27.3%6.8%44
20128.8%33.8%41.2%16.2%68
201126.5%26.5%42.4%4.5%132

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 Nazaré

Next 12 months

Asking prices have an 80% chance of landing between €2,917/m² and €3,590/m² by September 2027.

Expected, September 2027
€3,254/m²
Chance of a rise
61%

Affordability

At the bank valuation, a 90 m² home costs €185,850. With 10% down and a 30-year mortgage, the payment is €705 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
61%

Buy or rent

Owning and renting a 90 m² home cost about the same each month. 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
€815
Owning per month
€839

Asking against valuation

Sellers ask 54.1% more than banks value homes at. A year ago the gap was +42.3%.

Gap today
+54.1%
Change in a year
+11.8 pp

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 20.7% more per m² than buyers living in Portugal.

Abroad against residents
+20.7%

Past cycles

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

Deepest fall
−14.8%
Recovery from the low
21 months

People and new homes

In 2025 the population fell by 26 while 117 homes were finished.

Homes finished, 2025
117
Population change, 2025
−26

Empty homes

10.4% of the 13,726 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.4%
Empty homes
1,430

Renovation

In 2025, 42% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
42%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €99K of housing works here in 2023, and €844.8K since 2012.

Signed in 2023
€99K
Per resident, 2023
€6

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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