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Povoação · report

Renovation in Povoação

In 2025, 18% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
18%
Reconstructions per 100 new buildings
0.0

Buildings finished in Povoação, 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
2025911011
202470007
20231021013
20221030013
20211300013
202070007
20191200012
201850005
201770007
201670007
201561007
2014821011
2013731011
20121800119
20111510016

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 Povoação

Asking prices have an 80% chance of landing between €1,512/m² and €2,856/m² by September 2027.

Expected, September 2027
€2,184/m²
Chance of a rise
52%

At the median sale price, a 90 m² home costs €137,610. With 10% down and a 30-year mortgage, the payment is €522 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
50%

Figures for Região Autónoma dos Açores: Povoação has no reliable figures of its own.

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
€559
Owning per month
€497

38.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
6
Per 1,000 residents
1.1

Figures for Região Autónoma dos Açores: Povoação has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 15.8% more per m² than buyers living in Portugal.

Abroad against residents
+15.8%

Asking prices have fallen by 3% or more 4 times since 2017. The deepest began in November 2017.

Deepest fall
−32.1%
Recovery from the low
52 months

In 2025 the population fell by 5 while 9 homes were finished.

Homes finished, 2025
9
Population change, 2025
−5

12.8% of the 3,575 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.8%
Empty homes
456

Public bodies signed €49.9K of housing works here in 2021, and €334K since 2012.

Signed in 2021
€49.9K
Per resident, 2021
€9

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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