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Montemor-o-Novo · report

New homes in Montemor-o-Novo

20.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
21
Per 1,000 residents
1.3

Homes licensed for construction in Montemor-o-Novo

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

  • Montemor-o-Novo
  • Ten-year average
Show the numbers
PeriodMontemor-o-Novo
Aug 202621
Jul 202622
Jun 202625
May 202640
Apr 202640
Mar 202636
Feb 202636
Jan 202638
Dec 202537
Nov 202535
Oct 202537
Sep 202536
Aug 202529
Jul 202531
Jun 202529
May 202512
Apr 202512
Mar 202513
Feb 202514
Jan 202513
Dec 202414
Nov 202413
Oct 202412
Sep 202410
Aug 202413
Jul 202411
Jun 20248
May 20249
Apr 202411
Mar 20248
Feb 202411
Jan 202413
Dec 202317
Nov 202318
Oct 202319
Sep 202319
Aug 202320
Jul 202323
Jun 202324
May 202325
Apr 202325
Mar 202326
Feb 202323
Jan 202325
Dec 202219
Nov 202219
Oct 202221
Sep 202220
Aug 202219
Jul 202217
Jun 202229
May 202228
Apr 202226
Mar 202224
Feb 202225
Jan 202222
Dec 202123
Nov 202124
Oct 202122
Jul 202119
Apr 20218
Jan 20219
Oct 20208
Sep 20207
Aug 20205
Jul 202010
Jun 20208
May 20206
Apr 202012
Mar 202010
Feb 20208
Jan 202011
Dec 20199
Nov 201911
Oct 201910
Sep 20199
Aug 201917
Jul 201917
Jun 201925
May 201925
Apr 201923
Mar 201923
Feb 201924
Jan 201923
Dec 201823
Nov 201821
Oct 201821
Sep 201821
Aug 201813
Jul 201812
Jun 20184
May 20185
Apr 20189
Mar 20189
Feb 201812
Jan 201812
Dec 201712
Nov 201712
Oct 201712
Sep 201712
Aug 201714
Jul 201715
Jun 201714
May 201713
Apr 20179
Mar 20178
Feb 20174
Jan 20176
Dec 20166
Nov 20166
Oct 20166
Sep 20166
Aug 20165
Jul 20164
Jun 20165
May 20164
Apr 20164
Mar 20165
Feb 20163
Jan 20162
Dec 20153
Nov 20151
Oct 20152
Sep 20153
Aug 20150
Jul 20152
Jun 20152
May 20150
Apr 20152
Mar 20151
Feb 20150
Jan 20152
Dec 20141
Nov 20140
Oct 20143
Sep 20142
Aug 20141
Jul 20143
Jun 20142
May 20142
Apr 20142
Mar 20143
Feb 20144
Jan 20146
Dec 20136
Nov 20138
Oct 20137
Sep 20137
Aug 20137
Jul 20137
Jun 20138
May 201310
Apr 201310
Mar 20139
Feb 20138
Jan 20136
Dec 20127
Nov 20128
Oct 201211
Sep 20125
Aug 201214
Jul 201214
Jun 20123
May 201211
Apr 201222
Mar 201213
Feb 201223
Jan 201228
Dec 201117
Nov 201126
Oct 201127
Sep 201122
Aug 201123

Homes finished and licensed each year in Montemor-o-Novo

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
20251037
20242714
20232318
20221519
20212023
2020277
201939
20181423
2017312
201616
201542
201411
2013116
2012107
20111324
Homes finished per 1,000 residents, 2025
0.6

Who built the homes finished in Montemor-o-Novo

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
202520.0%80.0%0.0%0.0%10
202425.9%74.1%0.0%0.0%27
202326.1%73.9%0.0%0.0%23
202240.0%60.0%0.0%0.0%15
202170.0%30.0%0.0%0.0%20
202077.8%22.2%0.0%0.0%27
20190.0%100.0%0.0%0.0%3
201821.4%78.6%0.0%0.0%14
20170.0%100.0%0.0%0.0%3
20160.0%100.0%0.0%0.0%1
201575.0%25.0%0.0%0.0%4
20140.0%100.0%0.0%0.0%1
20130.0%100.0%0.0%0.0%11
20120.0%100.0%0.0%0.0%10
201115.4%84.6%0.0%0.0%13

Homes finished in Montemor-o-Novo, 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
20250.0%20.0%40.0%40.0%10
20243.7%33.3%48.1%14.8%27
20230.0%13.0%65.2%21.7%23
20220.0%20.0%73.3%6.7%15
20210.0%15.0%70.0%15.0%20
202011.1%11.1%22.2%55.6%27
20190.0%0.0%66.7%33.3%3
20180.0%0.0%50.0%50.0%14
20170.0%33.3%66.7%0.0%3
20160.0%0.0%0.0%100.0%1
20150.0%0.0%75.0%25.0%4
20140.0%0.0%100.0%0.0%1
20139.1%27.3%27.3%36.4%11
20120.0%10.0%50.0%40.0%10
20110.0%0.0%53.8%46.2%13

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 Montemor-o-Novo

Asking prices have an 80% chance of landing between €2,130/m² and €2,462/m² by September 2027.

Expected, September 2027
€2,296/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €149,310. With 10% down and a 30-year mortgage, the payment is €567 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
23%
Payment, one income
46%

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
€509
Owning per month
€471

Sellers ask 17.4% more than banks value homes at. A year ago the gap was +26.3%.

Gap today
+17.4%
Change in a year
−9.0 pp

Figures for Alentejo: Montemor-o-Novo has no reliable figures of its own.

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

Abroad against residents
+24.9%

Asking prices have fallen by 3% or more 6 times since 2015. The deepest began in November 2021.

Deepest fall
−43.1%
Recovery from the low
42 months

In 2025 the population grew by 48 while 10 homes were finished: 4.8 new residents for every new home.

New residents per new home, 2025
4.8
Population change, 2025
+48

16.7% of the 10,374 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
16.7%
Empty homes
1,731

In 2025, 26% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
26%
Reconstructions per 100 new buildings
0.0

Public bodies signed €91K of housing works here in 2025, and €1.2M since 2012.

Signed in 2025
€91K
Per resident, 2025
€5

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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