Imofolio

Portalegre · report

Renovation in Portalegre

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

Buildings finished in Portalegre, 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
202529714050
2024842014
20231432120
20221515021
20211844026
2020863017
20191983131
201820124238
20172291234
201619105034
201520152138
201418173038
201315203139
201229124146
201138132154

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 Portalegre

Asking prices have an 80% chance of landing between €1,201/m² and €1,662/m² by September 2027.

Expected, September 2027
€1,432/m²
Chance of a rise
92%

At the bank valuation, a 90 m² home costs €106,740. With 10% down and a 30-year mortgage, the payment is €405 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
15%
Payment, one income
31%

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
€446
Owning per month
€350

Sellers ask 1.1% less than banks value homes at. A year ago the gap was +2.9%.

Gap today
−1.1%
Change in a year
−4.0 pp

4.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
29
Per 1,000 residents
1.2

Figures for Alto Alentejo: Portalegre has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 24.0% more per m² than buyers living in Portugal.

Abroad against residents
+24.0%

Asking prices have fallen by 3% or more 4 times since 2015. The deepest began in March 2019.

Deepest fall
−32.8%
Recovery from the low
38 months

In 2025 the population fell by 65 while 118 homes were finished.

Homes finished, 2025
118
Population change, 2025
−65

17.4% of the 14,649 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
17.4%
Empty homes
2,552

Public bodies signed €892.1K of housing works here in 2025, and €12.3M since 2012.

Signed in 2025
€892.1K
Per resident, 2025
€37

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.

Made with Imofolio · imofolio.com/en/market/portugal/portalegre/renovation

Selling homes in Portugal? Keep the whole sale in one place.

Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.