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Almada · report

Public housing works in Almada

Public bodies signed €24.7M of housing works here in 2025, and €55.9M since 2012.

Signed in 2025
€24.7M
Per resident, 2025
€122

Public housing works signed in Almada

Contracts to build and renovate housing published on Portal BASE, by the year they were signed, before VAT. Complete years only; the data runs to October 22, 2026.

Show the numbers
YearValue signed
2025€24,686,129
2024€26,803,727
2023€18,098
2022€708,205
2021€1,013,375
2020€379,740
2019€260,215
2018€363,583
2017€369,979
2016€66,170
2015€116,741
2014€211,226
2013€0
2012€890,609

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Contracts are placed in a municipality from the place of work they name; one that names several municipalities is split evenly between them. A district or region adds up its municipalities. The value is the price at signing; later changes to it are not added.

Other reports for Almada

Asking prices have an 80% chance of landing between €3,519/m² and €4,418/m² by September 2027.

Expected, September 2027
€3,969/m²
Chance of a rise
55%

At the bank valuation, a 90 m² home costs €292,860. With 10% down and a 30-year mortgage, the payment is €1,111 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
43%
Payment, one income
86%

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
€1,234
Owning per month
€1,069

Sellers ask 20.5% more than banks value homes at. A year ago the gap was +35.0%.

Gap today
+20.5%
Change in a year
−14.5 pp

37.9% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
171
Per 1,000 residents
0.8

Over the last 12 months, buyers domiciled abroad paid 9.3% more per m² than buyers living in Portugal.

Abroad against residents
+9.3%

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

Deepest fall
−25.5%
Recovery from the low
44 months

In 2025 the population grew by 963 while 206 homes were finished: 4.7 new residents for every new home.

New residents per new home, 2025
4.7
Population change, 2025
+963

8.6% of the 101,521 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.6%
Empty homes
8,779

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
0.0

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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