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Vila Real · report

Public housing works in Vila Real

Public bodies signed €5.7M of housing works here in 2025, and €27.6M since 2012.

Signed in 2025
€5.7M
Per resident, 2025
€107

Public housing works signed in Vila Real

Contracts to build and renovate housing published on Portal BASE, by the year they were signed, before VAT. Complete years only; the data runs to October 22, 2026.

Show the numbers
YearValue signed
2025€5,676,761
2024€18,516,202
2023€1,421,927
2022€317,969
2021€127,920
2020€588,223
2019€908,431
2018€0
2017€2,400
2016€7,765
2015€0
2014€0
2013€19,523
2012€0

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Contracts are placed in a municipality from the place of work they name; one that names several municipalities is split evenly between them. A district or region adds up its municipalities. The value is the price at signing; later changes to it are not added.

Other reports for Vila Real

Asking prices have an 80% chance of landing between €1,697/m² and €2,192/m² by September 2027.

Expected, September 2027
€1,945/m²
Chance of a rise
98%

At the bank valuation, a 90 m² home costs €143,730. With 10% down and a 30-year mortgage, the payment is €545 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
21%
Payment, one income
42%

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
€566
Owning per month
€556

Sellers ask 3.7% less than banks value homes at. A year ago the gap was −4.9%.

Gap today
−3.7%
Change in a year
+1.2 pp

18.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
112
Per 1,000 residents
2.1

Figures for Douro: Vila Real has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 31.0% less per m² than buyers living in Portugal.

Abroad against residents
−31.0%

Bank valuations have fallen by 3% or more 11 times since 2015. The deepest began in July 2023.

Deepest fall
−13.2%
Recovery from the low
8 months

In 2025 the population grew by 109 while 42 homes were finished: 2.6 new residents for every new home.

New residents per new home, 2025
2.6
Population change, 2025
+109

9.9% of the 30,819 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.9%
Empty homes
3,048

In 2025, 8% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
8%
Reconstructions per 100 new buildings
0.0

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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