Lugo province · report
People and new homes in Lugo province
In 2024 the population grew by 1,085 while 197 homes were finished: 5.5 new residents for every new home.
- New residents per new home, 2024
- 5.5
- Population change, 2024
- +1,085
Population change and homes finished in Lugo province
The population's yearly change, net migration plus births minus deaths, against homes certified complete. INE and MIVAU.
Population change
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| Year | Population change |
|---|---|
| 2024 | 1,085 |
| 2023 | 766 |
| 2022 | -30 |
| 2021 | -1,821 |
Homes finished
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| Year | Homes finished |
|---|---|
| 2024 | 197 |
| 2023 | 170 |
| 2022 | 413 |
| 2021 | 595 |
Year by year
| Year | Net migration | Births minus deaths | Population change | Homes finished |
|---|---|---|---|---|
| 2021 | +1,576 | −3,397 | −1,821 | 595 |
| 2022 | +3,642 | −3,672 | −30 | 413 |
| 2023 | +4,143 | −3,377 | +766 | 170 |
| 2024 | +4,388 | −3,303 | +1,085 | 197 |
Births and deaths are INE's, by place of residence; net migration counts moves to and from abroad and the rest of Spain, and INE publishes it from 2021. Homes finished are completion certificates. 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 Lugo province
At the average appraised value, a 90 m² home costs €105,606. With 10% down and a 30-year mortgage, the payment is €403 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 13%
- Payment, one income
- 25%
73.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 707
- Per 1,000 residents
- 2.2
Buyers living abroad bought 1.1% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 1.1%
Appraised values have fallen by 3% or more 5 times since 1995. The deepest began in Q1 2008.
- Deepest fall
- −29.5%
- Recovery from the low
- 138 months
37.3% of the 269,067 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 37.3%
- Empty homes
- 100,487
Public bodies signed €24.8M of housing works here in 2025, and €24.8M since 2017.
- Signed in 2025
- €24.8M
- Per resident, 2025
- €76