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Póvoa de Varzim · report

New homes in Póvoa de Varzim

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

Homes licensed for construction in Póvoa de Varzim

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

  • Póvoa de Varzim
  • Ten-year average
Show the numbers
PeriodPóvoa de Varzim
Aug 2026230
Jul 2026262
Jun 2026286
May 2026316
Apr 2026303
Mar 2026209
Feb 2026209
Jan 2026246
Dec 2025238
Nov 2025238
Oct 2025245
Sep 2025230
Aug 2025211
Jul 2025183
Jun 2025159
May 2025129
Apr 2025191
Mar 2025189
Feb 2025177
Jan 2025173
Dec 2024182
Nov 2024178
Oct 2024186
Sep 2024231
Aug 2024273
Jul 2024279
Jun 2024273
May 2024277
Apr 2024214
Mar 2024212
Feb 2024215
Jan 2024190
Dec 2023191
Nov 2023189
Oct 2023174
Sep 2023133
Aug 202385
Jul 202377
Jun 202383
May 202383
Apr 202383
Mar 202382
Feb 202393
Jan 202384
Dec 202284
Nov 202293
Oct 2022101
Sep 2022101
Aug 2022105
Jul 2022101
Jun 202297
May 202298
Apr 2022106
Mar 2022109
Feb 2022126
Jan 2022127
Dec 2021127
Nov 2021123
Oct 2021121
Jul 2021183
Apr 2021205
Jan 2021192
Oct 2020186
Sep 2020186
Aug 2020163
Jul 2020129
Jun 2020130
May 202098
Apr 2020108
Mar 2020119
Feb 2020117
Jan 2020105
Dec 2019140
Nov 2019138
Oct 2019148
Sep 2019146
Aug 2019152
Jul 2019158
Jun 2019155
May 2019174
Apr 2019172
Mar 2019165
Feb 2019165
Jan 2019168
Dec 2018155
Nov 2018186
Oct 2018190
Sep 2018187
Aug 2018182
Jul 2018178
Jun 2018177
May 2018157
Apr 2018166
Mar 2018173
Feb 2018173
Jan 2018187
Dec 2017191
Nov 2017159
Oct 2017145
Sep 2017147
Aug 2017139
Jul 2017135
Jun 2017132
May 2017131
Apr 2017115
Mar 2017112
Feb 2017106
Jan 201783
Dec 201650
Nov 201647
Oct 201646
Sep 201646
Aug 201648
Jul 201651
Jun 201663
May 201662
Apr 201666
Mar 201660
Feb 201660
Jan 201661
Dec 201564
Nov 201569
Oct 201577
Sep 201581
Aug 201596
Jul 201596
Jun 201587
May 201586
Apr 201582
Mar 201579
Feb 201582
Jan 201584
Dec 201489
Nov 201488
Oct 201482
Sep 201478
Aug 201458
Jul 201456
Jun 201458
May 201469
Apr 201468
Mar 201475
Feb 201477
Jan 201480
Dec 201377
Nov 201381
Oct 201358
Sep 201387
Aug 2013115
Jul 201385
Jun 2013110
May 2013105
Apr 201389
Mar 2013110
Feb 2013128
Jan 201391
Dec 2012116
Nov 2012113
Oct 2012114
Sep 2012119
Aug 2012111
Jul 2012133
Jun 2012148
May 2012143
Apr 2012135
Mar 2012141
Feb 2012127
Jan 2012134
Dec 2011141
Nov 2011147
Oct 2011142
Sep 2011130
Aug 2011110

Homes finished and licensed each year in Póvoa de Varzim

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
20251238
202443182
202314191
20228184
2021107127
2020168191
2019115140
201889155
201772191
20165750
20154164
20146289
201313170
2012165116
2011290141
Homes finished per 1,000 residents, 2025
0.0

Who built the homes finished in Póvoa de Varzim

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
20250.0%100.0%0.0%0.0%1
20244.7%95.3%0.0%0.0%43
20237.1%92.9%0.0%0.0%14
202253.1%46.9%0.0%0.0%81
202121.5%78.5%0.0%0.0%107
202065.5%34.5%0.0%0.0%168
201912.2%87.8%0.0%0.0%115
201857.3%42.7%0.0%0.0%89
201755.6%44.4%0.0%0.0%72
201631.6%68.4%0.0%0.0%57
20159.8%90.2%0.0%0.0%41
201417.7%82.3%0.0%0.0%62
201338.9%61.1%0.0%0.0%131
201217.6%82.4%0.0%0.0%165
201153.1%46.6%0.3%0.0%290

Homes finished in Póvoa de Varzim, 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
20250.0%0.0%100.0%0.0%1
20249.3%14.0%60.5%16.3%43
202321.4%21.4%35.7%21.4%14
20220.0%24.7%63.0%12.3%81
20213.7%15.0%56.1%25.2%107
20203.0%25.0%56.5%15.5%168
20192.6%25.2%56.5%15.7%115
20185.6%28.1%50.6%15.7%89
20172.8%25.0%58.3%13.9%72
20167.0%14.0%64.9%14.0%57
20157.3%0.0%75.6%17.1%41
20144.8%8.1%61.3%25.8%62
20136.1%26.7%51.1%16.0%131
20125.5%17.0%53.3%24.2%165
20119.7%12.1%65.9%12.4%290

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 Póvoa de Varzim

Next 12 months

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%

Affordability

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%

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
€818
Owning per month
€781

Asking against valuation

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

Foreign buyers

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%

Past cycles

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

People and new homes

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

Empty homes

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

Renovation

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 housing works

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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