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Salvaterra de Magos · report

New homes in Salvaterra de Magos

22.7% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
89
Per 1,000 residents
3.7

Homes licensed for construction in Salvaterra de Magos

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

  • Salvaterra de Magos
  • Ten-year average
Show the numbers
PeriodSalvaterra de Magos
Aug 202689
Jul 202686
Jun 202689
May 202689
Apr 202699
Mar 202680
Feb 202671
Jan 202673
Dec 202571
Nov 202570
Oct 202578
Sep 202578
Aug 202570
Jul 202571
Jun 202570
May 202573
Apr 202569
Mar 202568
Feb 202559
Jan 202562
Dec 202465
Nov 202474
Oct 202470
Sep 202441
Aug 202469
Jul 202473
Jun 202445
May 202475
Apr 202473
Mar 202451
Feb 202485
Jan 202486
Dec 202369
Nov 202392
Oct 202392
Sep 202394
Aug 202398
Jul 202396
Jun 2023111
May 2023115
Apr 2023119
Mar 2023118
Feb 2023123
Jan 2023120
Dec 2022107
Nov 2022107
Oct 2022100
Sep 202297
Aug 202298
Jul 2022102
Jun 202291
May 202291
Apr 202290
Mar 202298
Feb 202298
Jan 2022100
Dec 202197
Nov 202197
Oct 2021103
Jul 202197
Apr 202190
Jan 202180
Oct 2020106
Sep 2020105
Aug 2020101
Jul 2020103
Jun 2020101
May 2020102
Apr 2020100
Mar 202092
Feb 202093
Jan 202089
Dec 201970
Nov 201968
Oct 201961
Sep 201955
Aug 201954
Jul 201953
Jun 201946
May 201933
Apr 201946
Mar 201944
Feb 201933
Jan 201940
Dec 201837
Nov 201833
Oct 201845
Sep 201843
Aug 201843
Jul 201851
Jun 201850
May 201851
Apr 201849
Mar 201848
Feb 201845
Jan 201845
Dec 201743
Nov 201749
Oct 201749
Sep 201749
Aug 201744
Jul 201745
Jun 201744
May 201745
Apr 201746
Mar 201747
Feb 201746
Jan 201744
Dec 201641
Nov 201630
Oct 201630
Sep 201628
Aug 201624
Jul 201622
Jun 201622
May 201620
Apr 201621
Mar 201622
Feb 201623
Jan 201625
Dec 201525
Nov 201527
Oct 201525
Sep 201525
Aug 201525
Jul 201526
Jun 201526
May 201527
Apr 201524
Mar 201523
Feb 201522
Jan 201521
Dec 201424
Nov 201421
Oct 201422
Sep 201418
Aug 201422
Jul 201425
Jun 201420
May 201421
Apr 201421
Mar 201414
Feb 201420
Jan 201420
Dec 201314
Nov 201317
Oct 201320
Sep 201321
Aug 201326
Jul 201324
Jun 201325
May 201328
Apr 201330
Mar 201335
Feb 201339
Jan 201340
Dec 201238
Nov 201241
Oct 201243
Sep 201241
Aug 201241
Jul 201243
Jun 201242
May 201244
Apr 201248
Mar 201247
Feb 201244
Jan 201253
Dec 201165
Nov 201166
Oct 201167
Sep 201166
Aug 201161

Homes finished and licensed each year in Salvaterra de Magos

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
20258071
20247865
20238689
2022110107
20216797
202053105
20194970
20184335
20173243
20162541
20152125
20142024
20132817
20124838
20119865
Homes finished per 1,000 residents, 2025
3.3

Who built the homes finished in Salvaterra de Magos

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
202560.0%40.0%0.0%0.0%80
202447.4%52.6%0.0%0.0%78
202359.3%40.7%0.0%0.0%86
202257.3%41.8%0.9%0.0%110
202156.7%43.3%0.0%0.0%67
202064.2%35.8%0.0%0.0%53
201946.9%53.1%0.0%0.0%49
201846.5%53.5%0.0%0.0%43
201734.4%65.6%0.0%0.0%32
201624.0%76.0%0.0%0.0%25
201519.0%81.0%0.0%0.0%21
201425.0%75.0%0.0%0.0%20
201321.4%78.6%0.0%0.0%28
201222.9%75.0%2.1%0.0%48
201118.4%80.6%1.0%0.0%98

Homes finished in Salvaterra de Magos, 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
20250.0%28.7%65.0%6.3%80
20241.3%14.1%69.2%15.4%78
20230.0%11.6%77.9%10.5%86
20225.5%19.1%67.3%8.2%110
20210.0%19.4%76.1%4.5%67
20200.0%5.7%88.7%5.7%53
20194.1%42.9%51.0%2.0%49
20180.0%23.3%72.1%4.7%43
20179.4%21.9%65.6%3.1%32
20160.0%24.0%64.0%12.0%25
20150.0%28.6%57.1%14.3%21
20140.0%20.0%65.0%15.0%20
20130.0%14.3%67.9%17.9%28
20126.3%27.1%52.1%14.6%48
20113.1%17.3%67.3%12.2%98

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 Salvaterra de Magos

Next 12 months

Asking prices have an 80% chance of landing between €2,099/m² and €2,582/m² by September 2027.

Expected, September 2027
€2,340/m²
Chance of a rise
90%

Affordability

At the bank valuation, a 90 m² home costs €171,090. With 10% down and a 30-year mortgage, the payment is €649 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
26%
Payment, one income
52%

Buy or rent

Renting a 90 m² home costs less each month than owning 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
€538
Owning per month
€585

Asking against valuation

Sellers ask 10.2% more than banks value homes at. A year ago the gap was +26.8%.

Gap today
+10.2%
Change in a year
−16.6 pp

Foreign buyers

Figures for Lezíria do Tejo: Salvaterra de Magos has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 7.0% more per m² than buyers living in Portugal.

Abroad against residents
+7.0%

Past cycles

Bank valuations have fallen by 3% or more 12 times since 2019. The deepest began in May 2023.

Deepest fall
−11.9%
Recovery from the low
9 months

People and new homes

In 2025 the population grew by 443 while 80 homes were finished: 5.5 new residents for every new home.

New residents per new home, 2025
5.5
Population change, 2025
+443

Empty homes

15.0% of the 11,863 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
15.0%
Empty homes
1,783

Renovation

In 2025, 6% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
6%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €1.8M of housing works here in 2024, and €3.6M since 2012.

Signed in 2024
€1.8M
Per resident, 2024
€77

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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