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Oeste · report

People and new homes in Oeste

In 2025 the population grew by 3,531 while 1,264 homes were finished: 2.8 new residents for every new home.

New residents per new home, 2025
2.8
Population change, 2025
+3,531

Population change and homes finished in Oeste

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
20253,531
20248,827
202312,800
202215,196
20217,181

Homes finished

Show the numbers
YearHomes finished
20251,264
20241,281
20231,153
2022880
2021867

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+9,401−2,220+7,181867
2022+16,935−1,739+15,196880
2023+14,198−1,398+12,8001,153
2024+10,118−1,291+8,8271,281
2025+5,078−1,547+3,5311,264

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Oeste

Bank valuations have an 80% chance of landing between €2,219/m² and €2,533/m² by September 2027.

Expected, September 2027
€2,376/m²
Chance of a rise
100%

At the bank valuation, a 90 m² home costs €185,040. With 10% down and a 30-year mortgage, the payment is €702 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
29%
Payment, one income
58%

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
€726
Owning per month
€673

66.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
2,126
Per 1,000 residents
5.1

Over the last 12 months, buyers domiciled abroad paid 23.9% more per m² than buyers living in Portugal.

Abroad against residents
+23.9%

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

Deepest fall
−25.3%
Recovery from the low
59 months

In 2025, 10% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
10%
Reconstructions per 100 new buildings
0.7

Public bodies signed €544K of housing works here in 2025, and €10.2M since 2012.

Signed in 2025
€544K
Per resident, 2025
€1

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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