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Médio Tejo · report

New homes in Médio Tejo

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

Homes licensed for construction in Médio Tejo

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Médio Tejo
  • Ten-year average
Show the numbers
PeriodMédio Tejo
Aug 2026591
Jul 2026617
Jun 2026601
May 2026589
Apr 2026551
Mar 2026557
Feb 2026546
Jan 2026563
Dec 2025583
Nov 2025577
Oct 2025586
Sep 2025552
Aug 2025582
Jul 2025540
Jun 2025531
May 2025532
Apr 2025487
Mar 2025490
Feb 2025493
Jan 2025493
Dec 2024480
Nov 2024449
Oct 2024442
Sep 2024429
Aug 2024373
Jul 2024422
Jun 2024408
May 2024359
Apr 2024413
Mar 2024378
Feb 2024337
Jan 2024356
Dec 2023333
Nov 2023342
Oct 2023391
Sep 2023403
Aug 2023356
Jul 2023367
Jun 2023370
May 2023345
Apr 2023339
Mar 2023357
Feb 2023327
Jan 2023334
Dec 2022350
Nov 2022318
Oct 2022317
Sep 2022360
Aug 2022342
Jul 2022342
Jun 2022384
May 2022366
Apr 2022360
Mar 2022370
Feb 2022356
Jan 2022368
Dec 2021434
Nov 2021386
Oct 2021381
Jul 2021360
Apr 2021350
Jan 2021338
Oct 2020320
Sep 2020347
Aug 2020340
Jul 2020346
Jun 2020359
May 2020310
Apr 2020305
Mar 2020346
Feb 2020264
Jan 2020302
Dec 2019298
Nov 2019245
Oct 2019257
Sep 2019266
Aug 2019220
Jul 2019210
Jun 2019233
May 2019211
Apr 2019241
Mar 2019230
Feb 2019202
Jan 2019237
Dec 2018239
Nov 2018210
Oct 2018256
Sep 2018227
Aug 2018206
Jul 2018236
Jun 2018209
May 2018186
Apr 2018198
Mar 2018188
Feb 2018193
Jan 2018165
Dec 2017171
Nov 2017233
Oct 2017189
Sep 2017217
Aug 2017247
Jul 2017219
Jun 2017231
May 2017250
Apr 2017243
Mar 2017246
Feb 2017238
Jan 2017239
Dec 2016245
Nov 2016209
Oct 2016217
Sep 2016225
Aug 2016210
Jul 2016209
Jun 2016195
May 2016185
Apr 2016174
Mar 2016188
Feb 2016192
Jan 2016203
Dec 2015178
Nov 2015163
Oct 2015173
Sep 2015139
Aug 2015134
Jul 2015144
Jun 2015136
May 2015137
Apr 2015151
Mar 2015130
Feb 2015130
Jan 2015133
Dec 2014123
Nov 2014118
Oct 2014125
Sep 2014122
Aug 2014118
Jul 2014117
Jun 2014123
May 2014118
Apr 2014115
Mar 2014118
Feb 2014100
Jan 2014105
Dec 2013113
Nov 2013110
Oct 2013112
Sep 2013122
Aug 2013124
Jul 2013131
Jun 2013135
May 2013134
Apr 2013143
Mar 2013155
Feb 2013160
Jan 2013172
Dec 2012186
Nov 2012179
Oct 2012190
Sep 2012221
Aug 2012201
Jul 2012215
Jun 2012236
May 2012230
Apr 2012270
Mar 2012284
Feb 2012248
Jan 2012283
Dec 2011335
Nov 2011324
Oct 2011381
Sep 2011365
Aug 2011317

Homes finished and licensed each year in Médio Tejo

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
2025336583
2024292475
2023223315
2022311337
2021192434
2020240318
2019179284
2018195228
2017179176
2016161250
2015146179
2014155124
2013211108
2012484178
2011567317
Homes finished per 1,000 residents, 2025
1.5

Who built the homes finished in Médio Tejo

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202555.1%44.9%0.0%0.0%336
202429.1%70.9%0.0%0.0%292
202338.1%61.9%0.0%0.0%223
202237.9%62.1%0.0%0.0%311
202131.3%68.8%0.0%0.0%192
202039.6%59.6%0.8%0.0%240
201931.8%67.6%0.6%0.0%179
201832.8%66.7%0.0%0.5%195
201722.9%77.1%0.0%0.0%179
201632.3%67.7%0.0%0.0%161
201524.7%75.3%0.0%0.0%146
201417.4%81.9%0.0%0.6%155
201314.2%85.3%0.0%0.5%211
201238.8%61.0%0.2%0.0%484
201133.3%66.5%0.0%0.2%567

Homes finished in Médio Tejo, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
20259.5%26.2%52.4%11.9%336
20247.5%15.8%58.6%18.2%292
20231.8%11.7%62.8%23.8%223
20225.8%17.0%54.7%22.5%311
202111.5%15.6%55.2%17.7%192
20202.9%25.8%52.1%19.2%240
20195.6%12.8%51.4%30.2%179
20186.2%14.4%60.0%19.5%195
20178.4%17.9%49.2%24.6%179
20164.3%26.7%50.3%18.6%161
20156.8%19.2%50.0%24.0%146
20145.2%20.6%49.0%25.2%155
20134.7%17.1%41.7%36.5%211
201211.8%19.8%43.0%25.4%484
20113.4%15.2%53.1%28.4%567

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Médio Tejo

Next 12 months

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%

Affordability

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%

Buy or rent

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

Foreign buyers

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

Abroad against residents
−9.9%

Past cycles

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

People and new homes

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

Renovation

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

Public housing works

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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