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Óbidos · report

Renovation in Óbidos

In 2025, 4% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
4%
Reconstructions per 100 new buildings
0.0

Buildings finished in Óbidos, 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
20254520047
20243411036
20237300073
20222720029
20213600036
20202646137
20192774038
20182427033
20173225140
20162596040
20152584037
20142416031
20133224038
20124210144
20113900140

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 Óbidos

Asking prices have an 80% chance of landing between €2,745/m² and €3,647/m² by September 2027.

Expected, September 2027
€3,196/m²
Chance of a rise
73%

At the bank valuation, a 90 m² home costs €163,350. With 10% down and a 30-year mortgage, the payment is €620 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
52%

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
€780
Owning per month
€710

Sellers ask 64.3% more than banks value homes at. A year ago the gap was +59.9%.

Gap today
+64.3%
Change in a year
+4.4 pp

48.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
86
Per 1,000 residents
6.2

Over the last 12 months, buyers domiciled abroad paid 25.7% more per m² than buyers living in Portugal.

Abroad against residents
+25.7%

Asking prices have fallen by 3% or more 5 times since 2015. The deepest began in August 2019.

Deepest fall
−40.1%
Recovery from the low
50 months

In 2025 the population grew by 179 while 45 homes were finished: 4.0 new residents for every new home.

New residents per new home, 2025
4.0
Population change, 2025
+179

11.3% of the 9,224 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.3%
Empty homes
1,040

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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