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Ovar · report

Renovation in Ovar

In 2025, 2% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
2%
Reconstructions per 100 new buildings
0.0

Buildings finished in Ovar, 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
20256010061
20247410075
20234540049
20224760053
20214450251
20202830031
20193490043
20183540039
20175070057
201649142065
201546122060
201439222063
201370201091
2012852400109
20111173000147

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 Ovar

Asking prices have an 80% chance of landing between €2,359/m² and €2,819/m² by September 2027.

Expected, September 2027
€2,589/m²
Chance of a rise
99%

At the bank valuation, a 90 m² home costs €173,070. With 10% down and a 30-year mortgage, the payment is €657 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
50%

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
€675
Owning per month
€612

Sellers ask 13.7% more than banks value homes at. A year ago the gap was +15.8%.

Gap today
+13.7%
Change in a year
−2.1 pp

108.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
244
Per 1,000 residents
4.2

Figures for Região de Aveiro: Ovar has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 15.3% more per m² than buyers living in Portugal.

Abroad against residents
+15.3%

Bank valuations have fallen by 3% or more 12 times since 2014. The deepest began in August 2018.

Deepest fall
−10.3%
Recovery from the low
7 months

In 2025 the population grew by 332 while 98 homes were finished: 3.4 new residents for every new home.

New residents per new home, 2025
3.4
Population change, 2025
+332

8.0% of the 28,587 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
8.0%
Empty homes
2,293

Public bodies signed €5.9M of housing works here in 2025, and €13.5M since 2012.

Signed in 2025
€5.9M
Per resident, 2025
€102

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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