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Oeste e Vale do Tejo · report

New homes in Oeste e Vale do Tejo

65.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,343
Per 1,000 residents
3.7

Homes licensed for construction in Oeste e Vale do Tejo

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

  • Oeste e Vale do Tejo
  • Ten-year average
Show the numbers
PeriodOeste e Vale do Tejo
Aug 20263,343
Jul 20263,361
Jun 20263,290
May 20263,308
Apr 20263,293
Mar 20263,253
Feb 20263,251
Jan 20263,330
Dec 20253,298
Nov 20253,274
Oct 20253,202
Sep 20253,176
Aug 20253,093
Jul 20253,047
Jun 20253,021
May 20252,983
Apr 20252,897
Mar 20252,824
Feb 20252,724
Jan 20252,739
Dec 20242,624
Nov 20242,623
Oct 20242,528
Sep 20242,452
Aug 20242,473
Jul 20242,474
Jun 20242,330
May 20242,387
Apr 20242,364
Mar 20242,227
Feb 20242,345
Jan 20242,259
Dec 20232,237
Nov 20232,229
Oct 20232,260
Sep 20232,244
Aug 20232,275
Jul 20232,264
Jun 20232,298
May 20232,237
Apr 20232,255
Mar 20232,351
Feb 20232,320
Jan 20232,329
Dec 20222,396
Nov 20222,416
Oct 20222,391
Sep 20222,391
Aug 20222,315
Jul 20222,338
Jun 20222,336
May 20222,304
Apr 20222,333
Mar 20222,308
Feb 20222,234
Jan 20222,215
Dec 20212,101
Nov 20211,993
Oct 20211,977
Jul 20211,885
Apr 20211,813
Jan 20211,604
Oct 20201,626
Sep 20201,664
Aug 20201,700
Jul 20201,655
Jun 20201,712
May 20201,686
Apr 20201,651
Mar 20201,757
Feb 20201,710
Jan 20201,721
Dec 20191,649
Nov 20191,670
Oct 20191,694
Sep 20191,676
Aug 20191,637
Jul 20191,604
Jun 20191,521
May 20191,574
Apr 20191,558
Mar 20191,573
Feb 20191,526
Jan 20191,568
Dec 20181,534
Nov 20181,484
Oct 20181,458
Sep 20181,387
Aug 20181,359
Jul 20181,351
Jun 20181,332
May 20181,208
Apr 20181,157
Mar 20181,068
Feb 20181,039
Jan 2018918
Dec 2017999
Nov 20171,024
Oct 2017956
Sep 20171,038
Aug 20171,032
Jul 2017961
Jun 2017985
May 20171,015
Apr 2017962
Mar 20171,012
Feb 20171,032
Jan 20171,022
Dec 20161,001
Nov 2016971
Oct 2016912
Sep 2016891
Aug 2016873
Jul 2016836
Jun 2016869
May 2016893
Apr 2016843
Mar 2016821
Feb 2016811
Jan 2016803
Dec 2015759
Nov 2015722
Oct 2015728
Sep 2015702
Aug 2015690
Jul 2015702
Jun 2015639
May 2015593
Apr 2015623
Mar 2015601
Feb 2015604
Jan 2015612
Dec 2014605
Nov 2014608
Oct 2014634
Sep 2014591
Aug 2014592
Jul 2014613
Jun 2014603
May 2014635
Apr 2014636
Mar 2014616
Feb 2014624
Jan 2014620
Dec 2013626
Nov 2013619
Oct 2013648
Sep 2013701
Aug 2013708
Jul 2013753
Jun 2013753
May 2013745
Apr 2013852
Mar 2013869
Feb 2013852
Jan 2013906
Dec 2012929
Nov 2012953
Oct 20121,000
Sep 20121,027
Aug 20121,082
Jul 20121,100
Jun 20121,139
May 20121,197
Apr 20121,263
Mar 20121,287
Feb 20121,374
Jan 20121,449
Dec 20111,499
Nov 20111,557
Oct 20111,730
Sep 20111,607
Aug 20111,468

Homes finished and licensed each year in Oeste e Vale do 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
20252,0053,298
20241,9852,650
20231,7512,254
20221,5092,384
20211,3122,101
20201,3831,643
20199051,637
20189861,534
2017793988
20167211,005
2015554765
2014731609
20131,042625
20121,661926
20112,4661,500
Homes finished per 1,000 residents, 2025
2.2

Who built the homes finished in Oeste e Vale do 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
202553.0%46.9%0.0%0.0%2,005
202444.0%55.9%0.0%0.1%1,985
202350.5%49.3%0.2%0.0%1,751
202247.6%52.2%0.1%0.0%1,509
202149.6%50.3%0.1%0.0%1,312
202047.4%52.2%0.3%0.1%1,383
201938.0%61.5%0.4%0.0%905
201842.6%57.2%0.1%0.1%986
201738.3%61.3%0.3%0.1%793
201633.4%66.3%0.1%0.1%721
201525.3%74.2%0.5%0.0%554
201427.2%72.6%0.0%0.1%731
201322.5%77.2%0.2%0.2%1,042
201229.2%70.5%0.2%0.1%1,661
201137.1%62.4%0.2%0.4%2,466

Homes finished in Oeste e Vale do 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
20259.3%25.6%49.7%15.4%2,005
202410.5%21.8%49.3%18.4%1,985
202310.1%18.0%52.7%19.2%1,751
20225.9%22.8%53.4%17.9%1,509
20218.2%21.0%54.1%16.6%1,312
20207.8%21.2%55.5%15.5%1,383
20198.0%21.0%49.4%21.7%905
20186.6%23.8%55.3%14.3%986
20179.7%21.8%51.5%17.0%793
20169.6%21.2%50.8%18.4%721
20155.8%22.6%50.2%21.5%554
20148.1%26.4%44.6%20.9%731
201311.3%27.1%38.2%23.4%1,042
20128.9%21.5%44.3%25.4%1,661
201110.9%19.5%48.4%21.2%2,466

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 Oeste e Vale do Tejo

Next 12 months

Bank valuations have an 80% chance of landing between €2,055/m² and €2,222/m² by September 2027.

Expected, September 2027
€2,138/m²
Chance of a rise
100%

Affordability

At the bank valuation, a 90 m² home costs €164,520. With 10% down and a 30-year mortgage, the payment is €624 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
51%

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
€662
Owning per month
€544

Foreign buyers

Over the last 12 months, buyers domiciled abroad paid 32.7% more per m² than buyers living in Portugal.

Abroad against residents
+32.7%

Past cycles

Bank valuations have fallen by 3% or more once since 2011. That fall began in March 2011.

Deepest fall
−22.1%
Recovery from the low
58 months

People and new homes

In 2025 the population grew by 7,851 while 2,005 homes were finished: 3.9 new residents for every new home.

New residents per new home, 2025
3.9
Population change, 2025
+7,851

Renovation

In 2025, 13% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
13%
Reconstructions per 100 new buildings
1.6

Public housing works

Public bodies signed €46.5M of housing works here in 2025, and €96.9M since 2012.

Signed in 2025
€46.5M
Per resident, 2025
€51

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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