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Odivelas · report

Renovation in Odivelas

In 2025, 1% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
1%
Reconstructions per 100 new buildings
0.6

Buildings finished in Odivelas, 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
2025173001174
2024211203216
2023149001150
2022216001217
2021159110161
2020140001141
2019111010112
20185900059
20174200042
20164200042
20151800018
20147500075
2013273100274
2012354400358
2011271000271

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 Odivelas

Asking prices have an 80% chance of landing between €4,057/m² and €4,379/m² by September 2027.

Expected, September 2027
€4,218/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €299,970. With 10% down and a 30-year mortgage, the payment is €1,138 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
48%
Payment, one income
97%

Owning and renting a 90 m² home cost about the same each month. 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
€1,161
Owning per month
€1,135

Sellers ask 12.2% more than banks value homes at. A year ago the gap was +13.8%.

Gap today
+12.2%
Change in a year
−1.6 pp

46.8% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
189
Per 1,000 residents
1.0

Over the last 12 months, buyers domiciled abroad paid 7.8% more per m² than buyers living in Portugal.

Abroad against residents
+7.8%

Bank valuations have fallen by 3% or more 2 times since 2011. The deepest began in February 2011.

Deepest fall
−18.1%
Recovery from the low
50 months

In 2025 the population fell by 1,824 while 344 homes were finished.

Homes finished, 2025
344
Population change, 2025
−1,824

8.7% of the 71,883 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.7%
Empty homes
6,267

Public bodies signed €14.6M of housing works here in 2025, and €33.1M since 2012.

Signed in 2025
€14.6M
Per resident, 2025
€79

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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