Odivelas Real Estate Guide 2026
Overview
Major city in the Lisbon region. Average prices: €4,007/m². 46% below Lisbon prices.
Property Prices
- T0 tier — Average new build: €4,524/m²; Average resale: €3,016/m²
- T1 tier — Average new build: €4,095/m²; Average resale: €2,730/m²
- T2 tier — Average new build: €3,900/m²; Average resale: €2,600/m²
- T3 tier — Average new build: €3,510/m²; Average resale: €2,340/m²
Rental Yields
- T1 tier: 4.5%
- T2 tier: 4.0%
- T3 tier: 3.8%
Market Outlook
Annual price growth: 2.4% · Forecast: neutral · variable
Housing Stock
Area: Lisboa · town · Investment category: budget · 32,000 apartments · 800 new units/year
Odivelas
Character and Identity: A dense suburb with an ancient royal monastery at its center. A blend of history and modern density.
National Role: An important residential suburb for Lisbon, with monastic heritage.
Historical Development: The monastery was established in the 13th century by King Dinis and is the burial site of Portuguese royalty.
Interesting Facts: The white marmalade (Marmelada Branca) from Odivelas was an important trade item in the 17th-18th centuries.