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Oeste · report

Renovation in Oeste

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

Buildings finished in Oeste, 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
2025918712961,024
202490965177998
202388060279976
202272264252813
202165460213738
202058574172678
201951681155617
201846882293582
201740581163505
2016428108300566
201540297306535
2014481136322651
2013598123292752
2012865162221,031
20111,070154451,233

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 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 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

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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