Overview
- COATPO figures show total direction-of-works filings slipped by 1.9% to 468 in Pontevedra and by 6.2% to 454 in Vigo this first half of 2025
- Rehabilitation comprised 71.4% of projects in Pontevedra and 61.6% in Vigo, outpacing new construction for the third consecutive half-year
- Rising material and labor costs drove estimated project budgets to €105 million in Pontevedra (up 31.3%) and to €219 million in Vigo (up 65.4%)
- New-build filings fell by 9.5% in Pontevedra and 5.4% in Vigo, leaving housing pipelines thin despite Vigo’s PXOM approval in May
- Industry leaders urge streamlined land management, faster licensing, vocational training reform and migrant regularization to boost new housing supply