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More Dwellings Licensed and Completed Amid a Decline in the Number of BuildingsPhoto by WikiImages on Pexels
Real Estate

More Dwellings Licensed and Completed Amid a Decline in the Number of Buildings

Notícias Portugal12 September 2026 at 10:38

In the second quarter of 2026, Portugal recorded the licensing of 6.2 thousand buildings, representing a year-on-year decrease of 7.1%. This decline was less pronounced than in the first quarter, which had shown a drop of 9.7%. The new construction segment fell by 5.6% and rehabilitation works decreased by 11.9%, both showing improvement compared to previous quarters.

In the same period, 3.9 thousand buildings were completed, with a year-on-year reduction of 4.2%, slightly better than the 6.9% decline from the previous quarter. The data also indicate a drop of 6.0% in licensed buildings and 1.6% in completed buildings when compared to the previous quarter.

Conversely, the family housing sector showed signs of recovery, with dwellings licensed for new construction growing by 10.8%, after a decrease of 2.2% in the first quarter. The number of completed dwellings also increased by 11.6%, reversing the negative trend of the previous quarter.

The data is from the National Statistics Institute and reflects a transitioning landscape in Portugal's construction sector, where, despite general fluctuations, some segments, such as family housing, are showing recovery.

Why this matters

The article is relevant for readers in Portugal because it reflects the current state of the construction sector, directly affecting those who buy, sell, or invest in real estate. Although the total number of licensed and completed buildings continues to fall, the significant growth in family housing suggests a contraction in the new construction market in general, but with dynamism in the residential segment. The INE data allows readers and industry professionals to anticipate trends and adjust strategies.

About this summary

This is our short summary of a report published by Notícias Portugal on 12 September 2026 at 10:38; the full text stays with the publisher. In our feed it sits under Real Estate. We currently carry 1439 items in that section.

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