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Odivelas · report

New homes in Odivelas

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

Homes licensed for construction in Odivelas

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

  • Odivelas
  • Ten-year average
Show the numbers
PeriodOdivelas
Aug 2026189
Jul 2026196
Jun 2026182
May 2026206
Apr 2026218
Mar 2026224
Feb 2026245
Jan 2026230
Dec 2025223
Nov 2025262
Oct 2025286
Sep 2025315
Aug 2025342
Jul 2025343
Jun 2025373
May 2025372
Apr 2025386
Mar 2025388
Feb 2025376
Jan 2025384
Dec 2024391
Nov 2024367
Oct 2024338
Sep 2024334
Aug 2024297
Jul 2024288
Jun 2024274
May 2024275
Apr 2024287
Mar 2024283
Feb 2024280
Jan 2024295
Dec 2023324
Nov 2023304
Oct 2023315
Sep 2023323
Aug 2023351
Jul 2023370
Jun 2023374
May 2023361
Apr 2023363
Mar 2023370
Feb 2023378
Jan 2023357
Dec 2022347
Nov 2022354
Oct 2022357
Sep 2022351
Aug 2022356
Jul 2022339
Jun 2022416
May 2022432
Apr 2022421
Mar 2022425
Feb 2022416
Jan 2022436
Dec 2021442
Nov 2021508
Oct 2021525
Jul 2021515
Apr 2021382
Jan 2021380
Oct 2020299
Sep 2020278
Aug 2020323
Jul 2020355
Jun 2020352
May 2020356
Apr 2020364
Mar 2020379
Feb 2020386
Jan 2020351
Dec 2019365
Nov 2019352
Oct 2019421
Sep 2019436
Aug 2019394
Jul 2019359
Jun 2019419
May 2019468
Apr 2019504
Mar 2019525
Feb 2019561
Jan 2019591
Dec 2018549
Nov 2018543
Oct 2018504
Sep 2018477
Aug 2018496
Jul 2018517
Jun 2018489
May 2018447
Apr 2018473
Mar 2018463
Feb 2018422
Jan 2018382
Dec 2017367
Nov 2017401
Oct 2017399
Sep 2017407
Aug 2017369
Jul 2017352
Jun 2017314
May 2017286
Apr 2017207
Mar 2017186
Feb 2017166
Jan 2017173
Dec 2016169
Nov 2016141
Oct 2016109
Sep 2016103
Aug 2016135
Jul 2016129
Jun 201684
May 2016166
Apr 2016126
Mar 201673
Feb 2016151
Jan 201691
Dec 201573
Nov 2015126
Oct 201579
Sep 201546
Aug 201575
Jul 201528
Jun 201562
May 201546
Apr 201526
Mar 201558
Feb 201541
Jan 201543
Dec 201444
Nov 201441
Oct 201440
Sep 201439
Aug 201437
Jul 201433
Jun 201430
May 201420
Apr 201421
Mar 201416
Feb 201412
Jan 201414
Dec 201326
Nov 201367
Oct 2013135
Sep 2013162
Aug 2013212
Jul 2013250
Jun 2013300
May 2013331
Apr 2013386
Mar 2013436
Feb 2013481
Jan 2013514
Dec 2012581
Nov 2012612
Oct 2012597
Sep 2012603
Aug 2012606
Jul 2012581
Jun 2012603
May 2012594
Apr 2012562
Mar 2012519
Feb 2012491
Jan 2012492
Dec 2011446
Nov 2011522
Oct 2011505
Sep 2011480
Aug 2011419

Homes finished and licensed each year in Odivelas

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
2025344223
2024282391
2023359324
2022466347
2021410442
2020374388
2019341365
2018161549
2017112367
201669169
20154699
201420342
201343623
2012716581
2011560446
Homes finished per 1,000 residents, 2025
1.9

Who built the homes finished in Odivelas

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
202552.6%47.4%0.0%0.0%344
202441.5%58.5%0.0%0.0%282
202359.9%39.8%0.3%0.0%359
202259.0%40.6%0.4%0.0%466
202164.9%32.7%0.0%2.4%410
202069.3%30.2%0.5%0.0%374
201974.2%25.8%0.0%0.0%341
201873.3%26.7%0.0%0.0%161
201770.5%29.5%0.0%0.0%112
201631.9%66.7%1.4%0.0%69
201558.7%41.3%0.0%0.0%46
201444.3%47.3%1.0%7.4%203
201320.2%78.9%0.9%0.0%436
201240.8%57.0%2.2%0.0%716
201144.1%55.7%0.2%0.0%560

Homes finished in Odivelas, 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
20251.5%29.1%39.2%30.2%344
20241.1%17.0%34.4%47.5%282
20236.7%24.8%35.4%33.1%359
20224.5%32.0%33.7%29.8%466
20212.4%23.2%48.3%26.1%410
20201.1%31.6%38.0%29.4%374
20195.3%43.1%37.5%14.1%341
20181.9%37.9%40.4%19.9%161
201715.2%21.4%44.6%18.8%112
20160.0%7.2%47.8%44.9%69
20150.0%54.3%30.4%15.2%46
201413.3%43.8%25.6%17.2%203
20138.0%46.1%33.9%11.9%436
201211.2%35.1%33.9%19.8%716
20113.9%30.4%29.6%36.1%560

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 Odivelas

Next 12 months

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%

Affordability

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%

Buy or rent

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

Asking against valuation

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

Foreign buyers

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

Abroad against residents
+7.8%

Past cycles

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

People and new homes

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

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

Empty homes

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

Renovation

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

Public housing works

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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