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Montemor-o-Velho · report

New homes in Montemor-o-Velho

35.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
36
Per 1,000 residents
1.4

Homes licensed for construction in Montemor-o-Velho

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Montemor-o-Velho
  • Ten-year average
Show the numbers
PeriodMontemor-o-Velho
Aug 202636
Jul 202636
Jun 202641
May 202643
Apr 202644
Mar 202641
Feb 202640
Jan 202640
Dec 202540
Nov 202535
Oct 202535
Sep 202536
Aug 202536
Jul 202536
Jun 202531
May 202527
Apr 202525
Mar 202526
Feb 202526
Jan 202520
Dec 202426
Nov 202426
Oct 202418
Sep 202423
Aug 202425
Jul 202419
Jun 202427
May 202429
Apr 202421
Mar 202425
Feb 202429
Jan 202426
Dec 202324
Nov 202325
Oct 202324
Sep 202325
Aug 202324
Jul 202324
Jun 202314
May 202324
Apr 202317
Mar 202324
Feb 202330
Jan 202324
Dec 202225
Nov 202235
Oct 202226
Sep 202224
Aug 202230
Jul 202223
Jun 202230
May 202228
Apr 202229
Mar 202222
Feb 202222
Jan 202223
Dec 202120
Nov 202120
Oct 202121
Jul 202131
Apr 202133
Jan 202132
Oct 202032
Sep 202030
Aug 202021
Jul 202022
Jun 202021
May 202020
Apr 202022
Mar 202022
Feb 202023
Jan 202022
Dec 201922
Nov 201925
Oct 201926
Sep 201926
Aug 201931
Jul 201930
Jun 201931
May 201932
Apr 201930
Mar 201933
Feb 201925
Jan 201936
Dec 201837
Nov 201817
Oct 201835
Sep 201834
Aug 201813
Jul 201833
Jun 201829
May 201813
Apr 201833
Mar 201828
Feb 201819
Jan 201826
Dec 201721
Nov 201722
Oct 201721
Sep 201722
Aug 201722
Jul 201723
Jun 201723
May 201715
Apr 201721
Mar 201721
Feb 201716
Jan 201723
Dec 201622
Nov 201616
Oct 201627
Sep 201622
Aug 201616
Jul 201620
Jun 201617
May 201617
Apr 201617
Mar 201614
Feb 201615
Jan 201616
Dec 201516
Nov 201515
Oct 201513
Sep 201513
Aug 201515
Jul 201517
Jun 201518
May 201517
Apr 201516
Mar 201516
Feb 201514
Jan 201513
Dec 201414
Nov 201414
Oct 201411
Sep 201412
Aug 201412
Jul 201410
Jun 201412
May 201414
Apr 201413
Mar 201416
Feb 201416
Jan 201416
Dec 201320
Nov 201320
Oct 201320
Sep 201324
Aug 201325
Jul 201326
Jun 201325
May 201323
Apr 201324
Mar 201323
Feb 201324
Jan 201323
Dec 201218
Nov 201219
Oct 201224
Sep 201226
Aug 201224
Jul 201232
Jun 201231
May 201234
Apr 201236
Mar 201239
Feb 201244
Jan 201250
Dec 201154
Nov 201156
Oct 201155
Sep 201147
Aug 201146

Homes finished and licensed each year in Montemor-o-Velho

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
20251440
20241625
20233124
20222428
20211820
20201833
20193422
20182232
20174521
20161521
20151516
20142014
20133320
20124118
20118054
Homes finished per 1,000 residents, 2025
0.6

Who built the homes finished in Montemor-o-Velho

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202521.4%78.6%0.0%0.0%14
202425.0%75.0%0.0%0.0%16
202329.0%71.0%0.0%0.0%31
20228.3%91.7%0.0%0.0%24
20210.0%100.0%0.0%0.0%18
20200.0%100.0%0.0%0.0%18
201941.2%58.8%0.0%0.0%34
201827.3%72.7%0.0%0.0%22
201777.8%22.2%0.0%0.0%45
20160.0%100.0%0.0%0.0%15
20150.0%100.0%0.0%0.0%15
20140.0%100.0%0.0%0.0%20
20133.0%97.0%0.0%0.0%33
201229.3%70.7%0.0%0.0%41
201147.5%52.5%0.0%0.0%80

Homes finished in Montemor-o-Velho, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
20250.0%7.1%57.1%35.7%14
20240.0%12.5%81.3%6.3%16
202319.4%3.2%74.2%3.2%31
20220.0%4.2%70.8%25.0%24
20215.6%11.1%77.8%5.6%18
20205.6%16.7%61.1%16.7%18
20192.9%14.7%55.9%26.5%34
20180.0%18.2%68.2%13.6%22
20172.2%26.7%48.9%22.2%45
201613.3%13.3%53.3%20.0%15
20150.0%26.7%53.3%20.0%15
201410.0%25.0%45.0%20.0%20
20130.0%15.2%60.6%24.2%33
20120.0%29.3%46.3%24.4%41
20111.3%16.3%65.0%17.5%80

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Montemor-o-Velho

Next 12 months

Asking prices have an 80% chance of landing between €1,445/m² and €1,799/m² by September 2027.

Expected, September 2027
€1,622/m²
Chance of a rise
99%

Affordability

At the bank valuation, a 90 m² home costs €129,600. With 10% down and a 30-year mortgage, the payment is €492 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
18%
Payment, one income
36%

Buy or rent

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
€581
Owning per month
€405

Asking against valuation

Sellers ask 8.8% less than banks value homes at. A year ago the gap was −15.7%.

Gap today
−8.8%
Change in a year
+6.9 pp

Foreign buyers

Figures for Região de Coimbra: Montemor-o-Velho has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 10.7% less per m² than buyers living in Portugal.

Abroad against residents
−10.7%

Past cycles

Bank valuations have fallen by 3% or more 7 times since 2020. The deepest began in February 2023.

Deepest fall
−12.2%
Recovery from the low
7 months

People and new homes

In 2025 the population grew by 130 while 14 homes were finished: 9.3 new residents for every new home.

New residents per new home, 2025
9.3
Population change, 2025
+130

Empty homes

16.4% of the 13,295 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.4%
Empty homes
2,184

Renovation

In 2025, 20% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
20%
Reconstructions per 100 new buildings
20.0

Public housing works

Public bodies signed €2.4M of housing works here in 2025, and €2.8M since 2012.

Signed in 2025
€2.4M
Per resident, 2025
€93

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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