Odivelas Property Prices, Rents & Rental Yields

About Odivelas

Odivelas, in Lisbon district, sits close to the capital while keeping a distinctly local pace. Its apartment market reflects that balance: a suburban setting with practical connectivity, established neighbourhoods and a housing stock that continues to attract steady attention.

August 2026 points to a mixed signal for apartment investors. The average sale price eased to €349,000, down 2.8% month on month and 2.2% year on year, yet pricing per square metre continued to firm, reaching €3,880 after a 1.5% monthly rise and a 10.8% annual increase. That combination suggests that smaller or better-positioned units may be carrying more of the value momentum than the overall ticket price implies.

Rents were unchanged at €1,500 in August 2026, but they remain 7.1% above the same month last year. Against that backdrop, the reported 4.93% yield shows a market where income remains meaningful, though not enough to fully offset the stronger climb in unit-level pricing. For investors, the key tension is clear: sale prices have softened at the headline level, but the underlying cost per square metre has kept rising.