Porto Santo · report
Buy or rent in Porto Santo
Owning and renting a 90 m² home cost about the same each month. 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
- €786
- Owning per month
- €761
Try your own numbers
Starting from INE's median sale price of €2,410/m² and median new-lease rent of 8.7 €/m² a month in Porto Santo, and a mortgage rate of 3.0%.
Owning and renting cost about the same each month.
- Rent a month
- €786
- Owning a month, not recovered
- €761
- Interest
- €488
- Running costs
- €181
- Return given up
- €92
- Cash out a month, if buying
- €1,004
Gross rental yield in Porto Santo
A year's rent as a share of the sale price, from INE's medians. Higher means rent is dear compared with buying.
Show the numbers
| Period | Porto Santo |
|---|---|
| Q2 2026 | 4.3% |
| Q4 2023 | 4.1% |
| Q3 2023 | 4.4% |
The comparison counts only the costs of owning you never get back: interest, running costs and what the deposit and purchase costs could earn elsewhere. Loan repayments build equity, so they are left out. So is any rise in the home's value, because nobody knows it in advance.
Other reports for Porto Santo
Asking prices have an 80% chance of landing between €3,578/m² and €4,742/m² by August 2027.
- Expected, August 2027
- €4,160/m²
- Chance of a rise
- 76%
At the median sale price, a 90 m² home costs €216,900. With 10% down and a 30-year mortgage, the payment is €823 a month. Banco de Portugal caps it at 50% of a household's net income.
- Payment, two incomes
- 29%
- Payment, one income
- 58%
223.9% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 61
- Per 1,000 residents
- 8.8
Figures for Região Autónoma da Madeira: Porto Santo 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 5 times since 2016. The deepest began in November 2017.
- Deepest fall
- −17.1%
- Recovery from the low
- 26 months
In 2025 the population grew by 367 while 9 homes were finished: 40.8 new residents for every new home.
- New residents per new home, 2025
- 40.8
- Population change, 2025
- +367
19.1% of the 4,550 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 19.1%
- Empty homes
- 869
In 2025, 0% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.
- Work on existing buildings, 2025
- 0%
- Reconstructions per 100 new buildings
- 0.0
Public bodies signed €16.7K of housing works here in 2023, and €144.5K since 2012.
- Signed in 2023
- €16.7K
- Per resident, 2023
- €3
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