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Alentejo · report

Renovation in Alentejo

In 2025, 28% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
28%
Reconstructions per 100 new buildings
2.6

Buildings finished in Alentejo, 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
20256211358816860
20246491387816881
2023657136757875
20226531278610876
20216841477914924
20206371258915866
2019599147878841
20185801137111775
20174951675312727
2016551148599767
20155351817324813
20146082349027959
201367826573271,043
201299138690281,495
20111,157483121361,797

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 Alentejo

Bank valuations have an 80% chance of landing between €1,465/m² and €1,681/m² by September 2027.

Expected, September 2027
€1,573/m²
Chance of a rise
96%

At the bank valuation, a 90 m² home costs €127,980. With 10% down and a 30-year mortgage, the payment is €486 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
21%
Payment, one income
41%

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
€540
Owning per month
€346

8.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
779
Per 1,000 residents
1.5

Over the last 12 months, buyers domiciled abroad paid 24.9% more per m² than buyers living in Portugal.

Abroad against residents
+24.9%

Bank valuations have fallen by 3% or more 4 times since 2011. The deepest began in April 2011.

Deepest fall
−23.6%
Recovery from the low
58 months

In 2025 the population fell by 986 while 667 homes were finished.

Homes finished, 2025
667
Population change, 2025
−986

Public bodies signed €16.5M of housing works here in 2025, and €63.3M since 2012.

Signed in 2025
€16.5M
Per resident, 2025
€32

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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