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Odivelas · report

Past price cycles in Odivelas

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

Deepest fall
−18.1%
Recovery from the low
50 months

Prices in Odivelas and Portugal, indexed

Bank valuations, both set to 100 in January 2011.

  • Odivelas
  • Portugal
  • 100 = January 2011
Show the numbers
PeriodOdivelasPortugal
Sep 2026304.1259.7
Aug 2026300.2257.0
Jul 2026292.0255.4
Jun 2026288.1254.0
May 2026282.7251.8
Apr 2026281.8247.9
Mar 2026280.7245.3
Feb 2026277.7242.0
Jan 2026278.8240.0
Dec 2025275.2237.3
Nov 2025275.8234.9
Oct 2025262.0230.9
Sep 2025258.1227.5
Aug 2025256.6224.1
Jul 2025252.6221.8
Jun 2025246.4217.9
May 2025244.6215.1
Apr 2025243.6212.8
Mar 2025239.3210.6
Feb 2025231.3206.4
Jan 2025226.6202.3
Dec 2024224.4199.2
Nov 2024222.4198.4
Oct 2024220.0196.2
Sep 2024219.0193.3
Aug 2024213.3189.7
Jul 2024216.0186.8
Jun 2024215.2184.5
May 2024215.6183.6
Apr 2024210.5182.0
Mar 2024210.2180.2
Feb 2024205.6177.9
Jan 2024203.7176.7
Dec 2023200.6175.1
Nov 2023201.0174.5
Oct 2023204.5175.1
Sep 2023205.8175.7
Aug 2023203.5175.4
Jul 2023203.3173.9
Jun 2023201.5173.1
May 2023197.7172.2
Apr 2023195.3170.0
Mar 2023195.6169.1
Feb 2023199.9168.5
Jan 2023203.6169.3
Dec 2022200.1166.2
Nov 2022198.3165.2
Oct 2022196.1161.9
Sep 2022192.0162.9
Aug 2022191.5161.2
Jul 2022192.4161.6
Jun 2022192.5160.4
May 2022189.3157.4
Apr 2022187.4154.6
Mar 2022184.1151.8
Feb 2022182.5149.8
Jan 2022176.2147.3
Dec 2021171.3146.5
Nov 2021170.3145.0
Oct 2021168.7142.6
Sep 2021166.5140.9
Aug 2021164.4139.2
Jul 2021165.8139.2
Jun 2021165.1138.5
May 2021164.3138.2
Apr 2021163.6136.8
Mar 2021163.2135.3
Feb 2021161.9133.9
Jan 2021161.3133.4
Dec 2020158.4131.8
Nov 2020159.2130.4
Oct 2020159.3129.0
Sep 2020157.8128.6
Aug 2020158.2128.6
Jul 2020156.8128.5
Jun 2020160.3127.6
May 2020157.3127.0
Apr 2020156.8126.7
Mar 2020157.3126.6
Feb 2020156.3126.7
Jan 2020155.8125.8
Dec 2019156.9124.4
Nov 2019154.1122.7
Oct 2019153.9121.9
Sep 2019150.0121.6
Aug 2019150.5120.2
Jul 2019146.9119.0
Jun 2019142.3117.4
May 2019141.3116.6
Apr 2019140.6115.7
Mar 2019142.3114.7
Feb 2019139.1114.0
Jan 2019140.1112.1
Dec 2018135.3111.4
Nov 2018137.2110.4
Oct 2018134.2110.3
Sep 2018134.9109.4
Aug 2018131.4108.4
Jul 2018127.3107.3
Jun 2018124.5106.3
May 2018124.3105.9
Apr 2018124.1105.4
Mar 2018124.5104.9
Feb 2018123.4103.9
Jan 2018122.1102.9
Dec 2017120.0101.6
Nov 2017113.5101.4
Oct 2017112.5101.0
Sep 2017111.4100.5
Aug 2017110.099.0
Jul 2017107.998.2
Jun 2017106.898.1
May 2017105.697.7
Apr 2017103.997.4
Mar 2017100.196.8
Feb 201798.496.6
Jan 201798.695.9
Dec 201699.895.0
Nov 2016100.694.2
Oct 201698.993.5
Sep 201695.693.0
Aug 201694.092.8
Jul 201690.191.9
Jun 201688.091.6
May 201687.091.2
Apr 201686.490.5
Mar 201690.589.9
Feb 201692.189.5
Jan 201692.389.5
Dec 201590.789.9
Nov 201590.789.3
Oct 201591.988.9
Sep 201590.188.6
Aug 201589.288.3
Jul 201588.588.5
Jun 201587.987.7
May 201586.387.6
Apr 201587.086.7
Mar 201587.186.2
Feb 201588.086.2
Jan 201585.186.2
Dec 201486.085.6
Nov 201488.985.6
Oct 201492.486.2
Sep 201491.588.0
Aug 201490.188.4
Jul 201490.187.0
Jun 201488.985.3
May 201490.084.2
Apr 201486.783.9
Mar 201488.284.3
Feb 201488.685.7
Jan 201491.786.7
Dec 201389.187.0
Nov 201389.986.9
Oct 201386.487.2
Sep 201389.387.0
Aug 201386.486.8
Jul 201386.186.5
Jun 201385.687.1
May 201385.686.4
Apr 201385.685.3
Mar 201384.484.6
Feb 201382.885.1
Jan 201388.086.5
Dec 201287.787.8
Nov 201288.488.3
Oct 201287.688.7
Sep 201290.889.4
Aug 201288.789.4
Jul 201289.889.7
Jun 201291.290.2
May 201292.791.2
Apr 201294.692.8
Mar 201292.792.5
Feb 201294.692.4
Jan 201296.292.2
Dec 201198.693.3
Nov 2011100.794.5
Oct 201199.895.0
Sep 201196.696.2
Aug 201194.297.1
Jul 201197.297.9
Jun 201199.799.4
May 2011100.9101.4
Apr 2011100.2102.6
Mar 2011100.7102.4
Feb 2011101.0101.1
Jan 2011100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
February 2011February 2013−18.1%2450
January 2023April 2023−4.1%35

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Odivelas

Asking prices have an 80% chance of landing between €4,057/m² and €4,379/m² by September 2027.

Expected, September 2027
€4,218/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €299,970. With 10% down and a 30-year mortgage, the payment is €1,138 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
48%
Payment, one income
97%

Owning and renting a 90 m² home cost about the same each month. 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
€1,161
Owning per month
€1,135

Sellers ask 12.2% more than banks value homes at. A year ago the gap was +13.8%.

Gap today
+12.2%
Change in a year
−1.6 pp

46.8% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
189
Per 1,000 residents
1.0

Over the last 12 months, buyers domiciled abroad paid 7.8% more per m² than buyers living in Portugal.

Abroad against residents
+7.8%

In 2025 the population fell by 1,824 while 344 homes were finished.

Homes finished, 2025
344
Population change, 2025
−1,824

8.7% of the 71,883 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.7%
Empty homes
6,267

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
0.6

Public bodies signed €14.6M of housing works here in 2025, and €33.1M since 2012.

Signed in 2025
€14.6M
Per resident, 2025
€79

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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