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São Jorge island · report

People and new homes in São Jorge island

In 2025 the population grew by 75 while 23 homes were finished: 3.3 new residents for every new home.

New residents per new home, 2025
3.3
Population change, 2025
+75

Population change and homes finished in São Jorge island

The population's yearly change, net migration plus births minus deaths, against homes finished. INE.

Population change

Show the numbers
YearPopulation change
202575
202412
202322
2022-36
202142

Homes finished

Show the numbers
YearHomes finished
202523
202415
202311
20228
202116

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+93−51+4216
2022+32−68−368
2023+81−59+2211
2024+83−71+1215
2025+137−62+7523

Population change is INE's net migration plus births minus deaths, by municipality since 2021. Homes finished are dwellings completed in new buildings. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for São Jorge island

Asking prices have an 80% chance of landing between €1,466/m² and €2,058/m² by September 2027.

Expected, September 2027
€1,762/m²
Chance of a rise
88%

Figures for Portugal: São Jorge island has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Figures for Portugal: São Jorge island has no reliable figures of its own.

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
€878
Owning per month
€715

39.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
20
Per 1,000 residents
2.3

Figures for Portugal: São Jorge island has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

Asking prices have fallen by 3% or more 4 times since 2022. The deepest began in January 2022.

Deepest fall
−23.6%
Recovery from the low
19 months

14.9% of the 5,682 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.9%
Empty homes
845

In 2025, 11% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
11%
Reconstructions per 100 new buildings
0.0

Public bodies signed €94.8K of housing works here in 2015, and €273.6K since 2012.

Signed in 2015
€94.8K
Per resident, 2015
€11

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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