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Médio Tejo · report

Renovation in Médio Tejo

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
4.5

Buildings finished in Médio Tejo, 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
2025313321914378
20243223196368
202328833237351
202231137175370
2021297401414365
202025336196314
2019269361814337
2018242351411302
201718935227253
2016196351111253
2015207694212330
2014231775311372
20133141275218511
20124402323726735
20115622283117838

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 Médio Tejo

Bank valuations have an 80% chance of landing between €1,797/m² and €1,981/m² by September 2027.

Expected, September 2027
€1,889/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €140,220. With 10% down and a 30-year mortgage, the payment is €532 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
22%
Payment, one income
43%

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
€592
Owning per month
€406

70.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
591
Per 1,000 residents
2.6

Over the last 12 months, buyers domiciled abroad paid 9.9% less per m² than buyers living in Portugal.

Abroad against residents
−9.9%

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

Deepest fall
−23.4%
Recovery from the low
63 months

In 2025 the population grew by 2,116 while 336 homes were finished: 6.3 new residents for every new home.

New residents per new home, 2025
6.3
Population change, 2025
+2,116

Public bodies signed €32.7M of housing works here in 2025, and €66.9M since 2012.

Signed in 2025
€32.7M
Per resident, 2025
€144

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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