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Região Autónoma dos Açores · report

People and new homes in Região Autónoma dos Açores

In 2025 the population grew by 978 while 446 homes were finished: 2.2 new residents for every new home.

New residents per new home, 2025
2.2
Population change, 2025
+978

Population change and homes finished in Região Autónoma dos Açores

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

Population change

Show the numbers
YearPopulation change
2025978
20241,042
20231,330
2022952
20213,410

Homes finished

Show the numbers
YearHomes finished
2025446
2024515
2023490
2022397
2021468

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2021+3,733−323+3,410468
2022+1,596−644+952397
2023+1,657−327+1,330490
2024+1,625−583+1,042515
2025+1,450−472+978446

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 Região Autónoma dos Açores

Bank valuations have an 80% chance of landing between €1,612/m² and €1,882/m² by September 2027.

Expected, September 2027
€1,747/m²
Chance of a rise
88%

At the bank valuation, a 90 m² home costs €146,160. With 10% down and a 30-year mortgage, the payment is €555 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
22%
Payment, one income
44%

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
€559
Owning per month
€497

27.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
688
Per 1,000 residents
2.8

Over the last 12 months, buyers domiciled abroad paid 15.8% more per m² than buyers living in Portugal.

Abroad against residents
+15.8%

Bank valuations have fallen by 3% or more 6 times since 2011. The deepest began in March 2011.

Deepest fall
−25.4%
Recovery from the low
84 months

In 2025, 28% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
28%
Reconstructions per 100 new buildings
1.0

Public bodies signed €31.8M of housing works here in 2025, and €84.1M since 2012.

Signed in 2025
€31.8M
Per resident, 2025
€130

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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