São Jorge island · report
Empty homes in São Jorge island
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
Against the wider area
Share of homes standing empty in the 2021 census.
| Area | Empty |
|---|---|
| São Jorge island | 14.9% |
| Portugal | 12.1% |
Where homes stand empty in São Jorge island
Share of homes standing empty at the 2021 census, emptiest first.
| Area | Empty |
|---|---|
| Velas | 17.8% |
| Calheta (R.A.A.) | 10.9% |
The census counts a home as empty when nobody lives in it usually or seasonally: for sale, to let, awaiting demolition or repair, or for other reasons. Second homes are counted apart and are not included. The next census is in 2031.
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
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
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
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