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Oleiros · report

Past price cycles in Oleiros

Asking prices have fallen by 3% or more 2 times since 2023. The deepest began in May 2023.

Deepest fall
−18.2%
Recovery from the low
9 months

Prices in Oleiros and Portugal, indexed

Asking prices, both set to 100 in May 2023.

  • Oleiros
  • Portugal
  • 100 = May 2023
Show the numbers
PeriodOleirosPortugal
Sep 2026115.5136.3
Aug 2026108.9135.4
Jul 2026102.4135.5
Jun 202695.9135.5
May 2026100.4135.0
Apr 202698.5135.0
Mar 202696.5134.0
Feb 2026100.7132.6
Jan 202697.0131.4
Dec 202597.8130.0
Nov 202598.7129.3
Oct 2025104.5127.6
Sep 2025101.9126.3
Aug 202595.5125.9
Jul 202597.6125.5
Jun 202599.4124.0
May 2025101.5122.0
Apr 2025103.4121.0
Mar 2025102.0119.5
Feb 2025105.4118.0
Jan 2025100.4116.2
Dec 2024102.2114.8
Nov 202498.1113.0
Oct 202494.0111.9
Sep 202489.9111.3
Aug 202487.0110.8
Jul 202488.3110.8
Jun 202486.4109.8
May 202484.4109.2
Apr 202482.3107.7
Mar 202481.8106.9
Feb 202483.2106.0
Jan 202484.0105.4
Dec 202384.9104.1
Nov 202384.2103.2
Oct 202388.3101.6
Sep 202390.1100.9
Aug 202392.6100.7
Jul 202395.7101.0
Jun 202398.7100.9
May 2023100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
May 2023March 2024−18.2%109
February 2025August 2025−9.4%612

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Oleiros

Asking prices have an 80% chance of landing between €711/m² and €931/m² by September 2027.

Expected, September 2027
€821/m²
Chance of a rise
99%

At the median sale price, a 90 m² home costs €44,370. With 10% down and a 30-year mortgage, the payment is €168 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
8%
Payment, one income
16%

Figures for Beira Baixa: Oleiros has no reliable figures of its own.

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
€245

40.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
8
Per 1,000 residents
1.8

Figures for Beira Baixa: Oleiros has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 22.9% less per m² than buyers living in Portugal.

Abroad against residents
−22.9%

In 2025 the population grew by 11 while 4 homes were finished: 2.8 new residents for every new home.

New residents per new home, 2025
2.8
Population change, 2025
+11

9.0% of the 5,047 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
9.0%
Empty homes
456

In 2025, 17% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
17%
Reconstructions per 100 new buildings
0.0

Public bodies signed €348.3K of housing works here in 2025, and €1.6M since 2012.

Signed in 2025
€348.3K
Per resident, 2025
€77

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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