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Montijo · report

Renovation in Montijo

In 2025, 4% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
4%
Reconstructions per 100 new buildings
1.1

Buildings finished in Montijo, 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
20258921193
2024102824116
20238530290
20226564378
20216940275
20206111063
20194051046
20182802030
20172320328
20163133037
20152200022
20142120023
20132741032
20123581044
20116362071

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 Montijo

Asking prices have an 80% chance of landing between €3,014/m² and €3,394/m² by September 2027.

Expected, September 2027
€3,204/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €231,840. With 10% down and a 30-year mortgage, the payment is €880 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
37%
Payment, one income
74%

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
€917
Owning per month
€865

Sellers ask 11.8% more than banks value homes at. A year ago the gap was +19.2%.

Gap today
+11.8%
Change in a year
−7.3 pp

23.0% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
289
Per 1,000 residents
4.2

Over the last 12 months, buyers domiciled abroad paid 5.1% more per m² than buyers living in Portugal.

Abroad against residents
+5.1%

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

Deepest fall
−25.5%
Recovery from the low
32 months

In 2025 the population grew by 1,214 while 241 homes were finished: 5.0 new residents for every new home.

New residents per new home, 2025
5.0
Population change, 2025
+1,214

13.1% of the 27,887 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
13.1%
Empty homes
3,648

Public bodies signed €2.2M of housing works here in 2025, and €3.1M since 2012.

Signed in 2025
€2.2M
Per resident, 2025
€33

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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