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Elvas · report

Renovation in Elvas

In 2025, 33% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
33%
Reconstructions per 100 new buildings
0.0

Buildings finished in Elvas, by kind of work

Buildings completed each year: new construction, extensions, alterations and reconstructions. INE.

  • Reconstructions
  • Alterations
  • Extensions
  • New construction
Show the numbers
YearNew constructionExtensionsAlterationsReconstructionsTotal
20252466036
20243044038
20233836047
202236714057
20212968043
20203678051
201925513043
20181641021
20172442030
20161544023
201516105031
20141063019
20132232532
20121849132
20113789256

INE counts buildings, not homes, and every kind of building, not only housing. A reconstruction rebuilds an existing building; an alteration changes its layout or use.

Other reports for Elvas

Bank valuations have an 80% chance of landing between €993/m² and €1,486/m² by September 2027.

Expected, September 2027
€1,239/m²
Chance of a rise
65%

At the bank valuation, a 90 m² home costs €104,670. With 10% down and a 30-year mortgage, the payment is €397 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
17%
Payment, one income
34%

Owning a 90 m² home costs less each month than renting it. 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
€444
Owning per month
€306

43.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
14
Per 1,000 residents
0.6

Figures for Alto Alentejo: Elvas has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 24.0% more per m² than buyers living in Portugal.

Abroad against residents
+24.0%

Bank valuations have fallen by 3% or more 9 times since 2020. The deepest began in December 2023.

Deepest fall
−16.9%
Recovery from the low
5 months

In 2025 the population fell by 58 while 17 homes were finished.

Homes finished, 2025
17
Population change, 2025
−58

20.3% of the 13,411 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
20.3%
Empty homes
2,728

Public bodies signed €4M of housing works here in 2025, and €13.1M since 2012.

Signed in 2025
€4M
Per resident, 2025
€181

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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