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Peniche · report

Renovation in Peniche

In 2025, 26% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
26%
Reconstructions per 100 new buildings
3.8

Buildings finished in Peniche, 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
202552124270
202446122060
202354146175
202242112055
202133116151
202050163069
201943121056
2018431410067
201740104155
201641203064
201527103343
201428214154
2013432016180
201254270081
201168150083

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 Peniche

Asking prices have an 80% chance of landing between €2,407/m² and €2,877/m² by September 2027.

Expected, September 2027
€2,642/m²
Chance of a rise
74%

At the bank valuation, a 90 m² home costs €187,470. With 10% down and a 30-year mortgage, the payment is €711 a month. Banco de Portugal caps it at 50% of a household's net income.

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

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
€716
Owning per month
€736

Sellers ask 21.2% more than banks value homes at. A year ago the gap was +12.7%.

Gap today
+21.2%
Change in a year
+8.5 pp

1.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
111
Per 1,000 residents
3.7

Over the last 12 months, buyers domiciled abroad paid 12.6% more per m² than buyers living in Portugal.

Abroad against residents
+12.6%

Bank valuations have fallen by 3% or more 13 times since 2016. The deepest began in August 2025.

Deepest fall
−14.4%
Recovery from the low
5 months

In 2025 the population grew by 90 while 101 homes were finished: 0.9 new residents for every new home.

New residents per new home, 2025
0.9
Population change, 2025
+90

9.5% of the 21,524 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.5%
Empty homes
2,047

Public bodies signed €93K of housing works here in 2025, and €1.5M since 2012.

Signed in 2025
€93K
Per resident, 2025
€3

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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