Lisbon, July 17, 2026 (Lusa) - The value of homes sold in Portugal in 2025 totalled €41.2 billion, the highest figure in the series that began in 2009 and representing a 21.7% increase compared with 2024, Statistics Portugal (INE) reported on Friday.
Last year, 169,812 residential properties were sold, an increase of 8.6% compared with 2024, representing around 13,500 more units, the INE concluded in its 2025 Construction and Housing Statistics.
According to INE data, 2025 saw growth in the number of building and dwelling licences, transactions, valuations, prices and rents, whilst there was a decrease in the number of completed buildings and an increase in the number of completed flats.
In the year under review, around 146,000 bank valuations were carried out in connection with granting mortgage loans – around 6,000 more than in 2024 – the highest figure since 2009.
According to INE, the increase in bank valuations (4.3%) “fell short of the growth recorded in the number of transactions (8.6%) over the same period”.
In 2025, 26,227 buildings were granted planning permission across the country, an increase of 1.4% (7.8% in 2024), of which 76.1% were new builds (75.0% in 2024), whilst demolition works accounted for 4.9% (5.6% in the previous year).
Within new housing, licensed buildings intended for family housing totalled 16,279, an increase of 3.8%, whilst of the total number of licensed buildings, 62.1% “corresponded to new builds for family housing”.
The INE also estimates that 16,964 buildings were completed, a fall of 3.0% compared with 2024, with new builds accounting for 82.0% of the total. Among the completed buildings, more than three-quarters (78.3%) are intended for family housing.
Despite the decline in the number of buildings completed, the number of flats completed rose by 8.7% compared with 2024, to 30,425.
In new family housing construction, the number of flats totalled 27,301, corresponding to an annual increase of 10.7%.
Last year, 48,844 flats were granted planning permission in Portugal, 14.6% more than in 2024 – the highest figure since 2011 – of which 42,066 were for new family homes.
JO/AYLS // AYLS
Lusa
