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Torres Vedras · report

People and new homes in Torres Vedras

In 2025 the population grew by 1,026 while 255 homes were finished: 4.0 new residents for every new home.

New residents per new home, 2025
4.0
Population change, 2025
+1,026

Population change and homes finished in Torres Vedras

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
20251,026
20242,271
20233,292
20223,520
20211,242

Homes finished

Show the numbers
YearHomes finished
2025255
2024192
2023181
2022150
2021163

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+1,581−339+1,242163
2022+3,823−303+3,520150
2023+3,539−247+3,292181
2024+2,422−151+2,271192
2025+1,259−233+1,026255

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Torres Vedras

Asking prices have an 80% chance of landing between €2,714/m² and €2,998/m² by September 2027.

Expected, September 2027
€2,856/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €208,620. With 10% down and a 30-year mortgage, the payment is €792 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
33%
Payment, one income
67%

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
€800
Owning per month
€761

Sellers ask 7.2% more than banks value homes at. A year ago the gap was +5.9%.

Gap today
+7.2%
Change in a year
+1.3 pp

113.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
536
Per 1,000 residents
5.6

Over the last 12 months, buyers domiciled abroad paid 16.1% more per m² than buyers living in Portugal.

Abroad against residents
+16.1%

Bank valuations have fallen by 3% or more 5 times since 2011. The deepest began in March 2011.

Deepest fall
−26.9%
Recovery from the low
53 months

10.9% of the 46,324 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
10.9%
Empty homes
5,032

In 2025, 7% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
7%
Reconstructions per 100 new buildings
0.0

Public bodies signed €24.6K of housing works here in 2025, and €2.5M since 2012.

Signed in 2025
€24.6K
Per resident, 2025
€0

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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