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Oeste · report

New homes in Oeste

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

Homes licensed for construction in Oeste

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

  • Oeste
  • Ten-year average
Show the numbers
PeriodOeste
Aug 20262,126
Jul 20262,113
Jun 20262,074
May 20262,088
Apr 20262,101
Mar 20262,014
Feb 20262,047
Jan 20262,154
Dec 20252,087
Nov 20252,039
Oct 20251,980
Sep 20251,971
Aug 20251,903
Jul 20251,893
Jun 20251,869
May 20251,854
Apr 20251,817
Mar 20251,814
Feb 20251,757
Jan 20251,758
Dec 20241,687
Nov 20241,735
Oct 20241,645
Sep 20241,586
Aug 20241,622
Jul 20241,583
Jun 20241,491
May 20241,526
Apr 20241,485
Mar 20241,409
Feb 20241,498
Jan 20241,415
Dec 20231,441
Nov 20231,396
Oct 20231,388
Sep 20231,372
Aug 20231,453
Jul 20231,439
Jun 20231,450
May 20231,430
Apr 20231,427
Mar 20231,518
Feb 20231,528
Jan 20231,528
Dec 20221,589
Nov 20221,643
Oct 20221,628
Sep 20221,601
Aug 20221,541
Jul 20221,545
Jun 20221,521
May 20221,542
Apr 20221,576
Mar 20221,533
Feb 20221,478
Jan 20221,437
Dec 20211,277
Nov 20211,235
Oct 20211,218
Jul 20211,183
Apr 20211,133
Jan 2021961
Oct 2020958
Sep 2020989
Aug 20201,048
Jul 2020999
Jun 20201,024
May 20201,068
Apr 20201,021
Mar 20201,097
Feb 20201,129
Jan 20201,108
Dec 20191,054
Nov 20191,102
Oct 20191,149
Sep 20191,128
Aug 20191,108
Jul 20191,093
Jun 20191,024
May 20191,047
Apr 20191,019
Mar 20191,069
Feb 20191,040
Jan 20191,044
Dec 20181,046
Nov 20181,027
Oct 2018945
Sep 2018921
Aug 2018910
Jul 2018874
Jun 2018883
May 2018815
Apr 2018753
Mar 2018665
Feb 2018647
Jan 2018563
Dec 2017622
Nov 2017597
Oct 2017573
Sep 2017619
Aug 2017596
Jul 2017548
Jun 2017560
May 2017566
Apr 2017531
Mar 2017528
Feb 2017556
Jan 2017551
Dec 2016510
Nov 2016514
Oct 2016473
Sep 2016436
Aug 2016424
Jul 2016407
Jun 2016436
May 2016451
Apr 2016424
Mar 2016424
Feb 2016399
Jan 2016393
Dec 2015386
Nov 2015362
Oct 2015366
Sep 2015381
Aug 2015380
Jul 2015383
Jun 2015356
May 2015331
Apr 2015346
Mar 2015355
Feb 2015365
Jan 2015365
Dec 2014371
Nov 2014374
Oct 2014387
Sep 2014358
Aug 2014358
Jul 2014370
Jun 2014363
May 2014381
Apr 2014367
Mar 2014369
Feb 2014377
Jan 2014366
Dec 2013383
Nov 2013372
Oct 2013376
Sep 2013429
Aug 2013411
Jul 2013445
Jun 2013438
May 2013419
Apr 2013518
Mar 2013516
Feb 2013487
Jan 2013512
Dec 2012516
Nov 2012531
Oct 2012570
Sep 2012554
Aug 2012618
Jul 2012617
Jun 2012612
May 2012664
Apr 2012671
Mar 2012678
Feb 2012772
Jan 2012806
Dec 2011782
Nov 2011810
Oct 2011939
Sep 2011862
Aug 2011778

Homes finished and licensed each year in Oeste

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
20251,2642,087
20241,2811,726
20231,1531,446
20228801,597
20218671,277
2020782998
20194891,054
20185821,042
2017414614
2016425514
2015298384
2014418372
2013608377
2012802520
20111,338790
Homes finished per 1,000 residents, 2025
3.1

Who built the homes finished in Oeste

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
202551.3%48.6%0.1%0.0%1,264
202447.3%52.6%0.0%0.1%1,281
202356.5%43.3%0.3%0.0%1,153
202253.4%46.5%0.1%0.0%880
202157.7%42.2%0.1%0.0%867
202051.4%48.5%0.1%0.0%782
201940.9%58.9%0.2%0.0%489
201851.2%48.8%0.0%0.0%582
201740.1%59.9%0.0%0.0%414
201633.2%66.8%0.0%0.0%425
201528.2%71.1%0.7%0.0%298
201433.0%67.0%0.0%0.0%418
201328.0%71.7%0.3%0.0%608
201226.3%73.4%0.1%0.1%802
201143.9%55.2%0.3%0.6%1,338

Homes finished in Oeste, 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
202510.7%25.3%47.3%16.7%1,264
202411.6%24.9%45.5%18.0%1,281
202312.9%20.4%48.0%18.6%1,153
20226.0%27.2%50.2%16.6%880
20217.5%23.4%52.2%16.8%867
20209.8%21.7%53.3%15.1%782
20199.2%22.9%47.0%20.9%489
20188.8%27.3%51.5%12.4%582
201710.6%23.9%47.8%17.6%414
201614.4%20.9%45.2%19.5%425
20156.0%23.5%49.7%20.8%298
201410.5%30.4%40.4%18.7%418
201314.5%33.9%32.7%18.9%608
20127.2%22.6%43.8%26.4%802
201116.1%22.7%43.9%17.2%1,338

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

Next 12 months

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%

Affordability

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%

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
€726
Owning per month
€673

Foreign buyers

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

Abroad against residents
+23.9%

Past cycles

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

People and new homes

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

Renovation

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 housing works

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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