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Póvoa de Varzim · report

People and new homes in Póvoa de Varzim

In 2025 the population grew by 783 while 1 homes were finished: 783.0 new residents for every new home.

New residents per new home, 2025
783.0
Population change, 2025
+783

Population change and homes finished in Póvoa de Varzim

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
2025783
20241,432
20232,046
20222,229
20211,352

Homes finished

Show the numbers
YearHomes finished
20251
202443
202314
202281
2021107

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+1,476−124+1,352107
2022+2,368−139+2,22981
2023+2,219−173+2,04614
2024+1,527−95+1,43243
2025+823−40+7831

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Póvoa de Varzim

Asking prices have an 80% chance of landing between €2,729/m² and €3,085/m² by September 2027.

Expected, September 2027
€2,907/m²
Chance of a rise
93%

At the bank valuation, a 90 m² home costs €207,990. With 10% down and a 30-year mortgage, the payment is €789 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
33%
Payment, one income
66%

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
€818
Owning per month
€781

Sellers ask 16.8% more than banks value homes at. A year ago the gap was +18.6%.

Gap today
+16.8%
Change in a year
−1.8 pp

44.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
230
Per 1,000 residents
3.2

Figures for Área Metropolitana do Porto: Póvoa de Varzim has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.

Abroad against residents
+31.6%

Bank valuations have fallen by 3% or more 11 times since 2011. The deepest began in July 2012.

Deepest fall
−28.0%
Recovery from the low
50 months

7.3% of the 36,143 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
7.3%
Empty homes
2,635

In 2025, 50% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
50%
Reconstructions per 100 new buildings
0.0

Public bodies signed €12.4M of housing works here in 2025, and €29.7M since 2012.

Signed in 2025
€12.4M
Per resident, 2025
€172

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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