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Penalva do Castelo · report

Renovation in Penalva do Castelo

In 2025, 23% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
23%
Reconstructions per 100 new buildings
11.1

Buildings finished in Penalva do Castelo, 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
20252741335
202422501239
20232020527
20221412118
20212230429
20202011426
20192141430
2018720615
20172142229
20161064424
2015852621
20142484642
20132295945
2012301331258
2011261191561

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 Penalva do Castelo

At the median sale price, a 90 m² home costs €39,150. With 10% down and a 30-year mortgage, the payment is €149 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
6%
Payment, one income
13%

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
€374
Owning per month
€137

24.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
13
Per 1,000 residents
1.8

Figures for Viseu Dão Lafões: Penalva do Castelo has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 12.5% less per m² than buyers living in Portugal.

Abroad against residents
−12.5%

In 2025 the population grew by 25 while 21 homes were finished: 1.2 new residents for every new home.

New residents per new home, 2025
1.2
Population change, 2025
+25

17.5% of the 5,649 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.5%
Empty homes
986

Public bodies signed €29.8K of housing works here in 2020, and €100.9K since 2012.

Signed in 2020
€29.8K
Per resident, 2020
€4

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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