Municipality · data to September 2026
House prices in Calheta (R.A.M.)
Homes in Calheta (R.A.M.) are advertised at €4,405 per m², up 11.9% on a year ago. That is more than in 97% of Portuguese municipalities. Over the last six months prices moved at +12.7% a year, about the same as the +12.2% a year of the past two years.
- Asking price per m²
- €4,405/m²
- Change in a year
- +11.9%
- +8.0% after inflation
- A 90 m² home
- €396,450
- at today's asking price per m²
- Pricier than
- 97%
- of municipalities
Calheta (R.A.M.): +126.1% in 5 years
Asking price, € per m², monthly, with the next 12 months' expected path
- Calheta (R.A.M.)
- Madeira island
- Portugal
- Expected path
- 80% range
Show the numbers
| Month | Calheta (R.A.M.) | Madeira island | Portugal |
|---|---|---|---|
| Sep 2027 · Expected path | €5,035/m² (€4,647/m²–€5,422/m²) | €3,867/m² | €3,380/m² |
| Aug 2027 · Expected path | €4,982/m² (€4,613/m²–€5,351/m²) | €3,858/m² | €3,367/m² |
| Jul 2027 · Expected path | €4,930/m² (€4,579/m²–€5,280/m²) | €3,849/m² | €3,355/m² |
| Jun 2027 · Expected path | €4,877/m² (€4,547/m²–€5,208/m²) | €3,839/m² | €3,342/m² |
| May 2027 · Expected path | €4,825/m² (€4,515/m²–€5,135/m²) | €3,830/m² | €3,329/m² |
| Apr 2027 · Expected path | €4,772/m² (€4,484/m²–€5,061/m²) | €3,820/m² | €3,317/m² |
| Mar 2027 · Expected path | €4,720/m² (€4,454/m²–€4,985/m²) | €3,811/m² | €3,304/m² |
| Feb 2027 · Expected path | €4,667/m² (€4,426/m²–€4,908/m²) | €3,801/m² | €3,291/m² |
| Jan 2027 · Expected path | €4,615/m² (€4,400/m²–€4,829/m²) | €3,792/m² | €3,279/m² |
| Dec 2026 · Expected path | €4,562/m² (€4,378/m²–€4,747/m²) | €3,782/m² | €3,266/m² |
| Nov 2026 · Expected path | €4,510/m² (€4,360/m²–€4,660/m²) | €3,773/m² | €3,253/m² |
| Oct 2026 · Expected path | €4,457/m² (€4,352/m²–€4,563/m²) | €3,763/m² | €3,241/m² |
| Sep 2026 | €4,405/m² | €3,754/m² | €3,228/m² |
| Aug 2026 | €4,495/m² | €3,795/m² | €3,207/m² |
| Jul 2026 | €4,468/m² | €3,787/m² | €3,210/m² |
| Jun 2026 | €4,286/m² | €3,734/m² | €3,211/m² |
| May 2026 | €4,177/m² | €3,689/m² | €3,198/m² |
| Apr 2026 | €4,107/m² | €3,701/m² | €3,198/m² |
| Mar 2026 | €4,149/m² | €3,802/m² | €3,174/m² |
| Feb 2026 | €4,146/m² | €3,766/m² | €3,141/m² |
| Jan 2026 | €4,206/m² | €3,761/m² | €3,112/m² |
| Dec 2025 | €4,106/m² | €3,694/m² | €3,080/m² |
| Nov 2025 | €4,057/m² | €3,645/m² | €3,063/m² |
| Oct 2025 | €3,922/m² | €3,631/m² | €3,023/m² |
| Sep 2025 | €3,937/m² | €3,582/m² | €2,993/m² |
| Aug 2025 | €3,757/m² | €3,489/m² | €2,983/m² |
| Jul 2025 | €3,699/m² | €3,441/m² | €2,972/m² |
| Jun 2025 | €3,677/m² | €3,391/m² | €2,938/m² |
| May 2025 | €3,583/m² | €3,316/m² | €2,891/m² |
| Apr 2025 | €3,654/m² | €3,365/m² | €2,867/m² |
| Mar 2025 | €3,618/m² | €3,310/m² | €2,832/m² |
| Feb 2025 | €3,591/m² | €3,240/m² | €2,795/m² |
| Jan 2025 | €3,561/m² | €3,157/m² | €2,753/m² |
| Dec 2024 | €3,587/m² | €3,124/m² | €2,720/m² |
| Nov 2024 | €3,632/m² | €3,108/m² | €2,678/m² |
| Oct 2024 | €3,567/m² | €3,067/m² | €2,650/m² |
| Sep 2024 | €3,500/m² | €3,043/m² | €2,636/m² |
| Aug 2024 | €3,319/m² | €3,019/m² | €2,626/m² |
| Jul 2024 | €3,304/m² | €2,987/m² | €2,624/m² |
| Jun 2024 | €3,311/m² | €2,998/m² | €2,602/m² |
| May 2024 | €3,253/m² | €2,963/m² | €2,588/m² |
| Apr 2024 | €3,262/m² | €2,910/m² | €2,551/m² |
| Mar 2024 | €3,255/m² | €2,869/m² | €2,532/m² |
| Feb 2024 | €3,256/m² | €2,830/m² | €2,512/m² |
| Jan 2024 | €3,260/m² | €2,836/m² | €2,498/m² |
| Dec 2023 | €3,222/m² | €2,823/m² | €2,467/m² |
| Nov 2023 | €3,153/m² | €2,756/m² | €2,445/m² |
| Oct 2023 | €3,073/m² | €2,704/m² | €2,408/m² |
| Sep 2023 | €2,994/m² | €2,621/m² | €2,390/m² |
| Aug 2023 | €2,832/m² | €2,575/m² | €2,385/m² |
| Jul 2023 | €2,800/m² | €2,538/m² | €2,393/m² |
| Jun 2023 | €2,768/m² | €2,495/m² | €2,391/m² |
| May 2023 | €2,697/m² | €2,465/m² | €2,369/m² |
| Apr 2023 | €2,626/m² | €2,460/m² | €2,359/m² |
| Mar 2023 | €2,505/m² | €2,408/m² | €2,337/m² |
| Feb 2023 | €2,459/m² | €2,374/m² | €2,325/m² |
| Jan 2023 | €2,515/m² | €2,342/m² | €2,310/m² |
| Dec 2022 | €2,512/m² | €2,320/m² | €2,299/m² |
| Nov 2022 | €2,474/m² | €2,275/m² | €2,294/m² |
| Oct 2022 | €2,428/m² | €2,250/m² | €2,259/m² |
| Sep 2022 | €2,345/m² | €2,224/m² | €2,246/m² |
| Aug 2022 | €2,346/m² | €2,199/m² | €2,242/m² |
| Jul 2022 | €2,273/m² | €2,175/m² | €2,239/m² |
| Jun 2022 | €2,200/m² | €2,116/m² | €2,238/m² |
| May 2022 | €2,120/m² | €2,060/m² | €2,235/m² |
| Apr 2022 | €2,144/m² | €2,014/m² | €2,223/m² |
| Mar 2022 | €2,093/m² | €1,957/m² | €2,224/m² |
| Feb 2022 | €2,022/m² | €1,932/m² | €2,214/m² |
| Jan 2022 | €2,033/m² | €1,871/m² | €2,204/m² |
| Dec 2021 | €1,975/m² | €1,836/m² | €2,202/m² |
| Nov 2021 | €1,994/m² | €1,817/m² | €2,196/m² |
| Oct 2021 | €1,948/m² | €1,820/m² | €2,183/m² |
Reports for Calheta (R.A.M.)
Each report opens the full series and the assumptions behind these figures.
Asking prices have an 80% chance of landing between €4,647/m² and €5,422/m² by September 2027.
- Expected, September 2027
- €5,035/m²
- Chance of a rise
- 98%
At the bank valuation, a 90 m² home costs €219,510. With 10% down and a 30-year mortgage, the payment is €833 a month. Banco de Portugal caps it at 50% of a household's net income.
- Payment, two incomes
- 39%
- Payment, one income
- 78%
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
- €547
- Owning per month
- €589
Sellers ask 80.6% more than banks value homes at. A year ago the gap was +101.6%.
- Gap today
- +80.6%
- Change in a year
- −21.0 pp
8.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 49
- Per 1,000 residents
- 4.2
Figures for Região Autónoma da Madeira: Calheta (R.A.M.) has no reliable figures of its own.
Over the last 12 months, buyers domiciled abroad paid 31.6% more per m² than buyers living in Portugal.
- Abroad against residents
- +31.6%
Asking prices have fallen by 3% or more once since 2015. That fall began in August 2015.
- Deepest fall
- −16.3%
- Recovery from the low
- 31 months
In 2025 the population grew by 69 while 49 homes were finished: 1.4 new residents for every new home.
- New residents per new home, 2025
- 1.4
- Population change, 2025
- +69
18.7% of the 7,630 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 18.7%
- Empty homes
- 1,427
In 2025, 9% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.
- Work on existing buildings, 2025
- 9%
- Reconstructions per 100 new buildings
- 0.0
Other municipalities in Madeira island
Price per m²
- €4,000 and over
- €3,000 to €4,000
- €2,000 to €3,000
- €1,500 to €2,000
- €1,000 to €1,500
- Under €1,000
- No asking-price data
| Municipality | € per m² | In a year |
|---|---|---|
| Calheta (R.A.M.) | €4,405 | +11.9% |
| Funchal | €4,066 | +5.3% |
| Ribeira Brava | €3,652 | −9.4% |
| Machico | €3,547 | +24.5% |
| Santa Cruz | €3,064 | +4.4% |
| Câmara de Lobos | €2,502* | +12.9% |
| Santana | €2,170 | +16.2% |
* Bank valuation, where no asking price is published
Selling homes in Portugal? Keep the whole sale in one place.
Imofolio is the CRM for estate agents and agencies: properties, buyers, viewings, proposals and your own website, from the first enquiry to the closing.
