Imofolio
Sign inGet started for free

Região Autónoma dos Açores · report

New homes in Região Autónoma dos Açores

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

Homes licensed for construction in Região Autónoma dos Açores

Dwellings in new buildings licensed over the previous 12 months, at each month.

  • Região Autónoma dos Açores
  • Ten-year average
Show the numbers
PeriodRegião Autónoma dos Açores
Aug 2026688
Jul 2026702
Jun 2026727
May 2026656
Apr 2026680
Mar 2026712
Feb 2026733
Jan 2026748
Dec 2025751
Nov 2025754
Oct 2025820
Sep 2025757
Aug 2025790
Jul 2025792
Jun 2025760
May 2025801
Apr 2025803
Mar 2025743
Feb 2025700
Jan 2025707
Dec 2024657
Nov 2024658
Oct 2024596
Sep 2024566
Aug 2024556
Jul 2024567
Jun 2024539
May 2024527
Apr 2024537
Mar 2024502
Feb 2024530
Jan 2024532
Dec 2023513
Nov 2023532
Oct 2023559
Sep 2023571
Aug 2023579
Jul 2023569
Jun 2023574
May 2023556
Apr 2023532
Mar 2023537
Feb 2023568
Jan 2023591
Dec 2022628
Nov 2022631
Oct 2022620
Sep 2022591
Aug 2022607
Jul 2022608
Jun 2022618
May 2022651
Apr 2022651
Mar 2022678
Feb 2022669
Jan 2022635
Dec 2021624
Nov 2021626
Oct 2021588
Jul 2021620
Apr 2021600
Jan 2021527
Oct 2020520
Sep 2020533
Aug 2020507
Jul 2020485
Jun 2020519
May 2020488
Apr 2020521
Mar 2020551
Feb 2020539
Jan 2020519
Dec 2019578
Nov 2019561
Oct 2019532
Sep 2019562
Aug 2019544
Jul 2019508
Jun 2019552
May 2019554
Apr 2019458
Mar 2019481
Feb 2019469
Jan 2019445
Dec 2018420
Nov 2018425
Oct 2018422
Sep 2018418
Aug 2018436
Jul 2018406
Jun 2018393
May 2018406
Apr 2018388
Mar 2018386
Feb 2018408
Jan 2018386
Dec 2017387
Nov 2017362
Oct 2017329
Sep 2017336
Aug 2017279
Jul 2017306
Jun 2017272
May 2017249
Apr 2017264
Mar 2017263
Feb 2017235
Jan 2017252
Dec 2016234
Nov 2016235
Oct 2016260
Sep 2016257
Aug 2016278
Jul 2016244
Jun 2016288
May 2016282
Apr 2016246
Mar 2016267
Feb 2016247
Jan 2016253
Dec 2015275
Nov 2015254
Oct 2015238
Sep 2015235
Aug 2015212
Jul 2015221
Jun 2015209
May 2015177
Apr 2015202
Mar 2015197
Feb 2015168
Jan 2015173
Dec 2014167
Nov 2014160
Oct 2014202
Sep 2014184
Aug 2014182
Jul 2014212
Jun 2014192
May 2014196
Apr 2014220
Mar 2014195
Feb 2014211
Jan 2014238
Dec 2013216
Nov 2013221
Oct 2013231
Sep 2013207
Aug 2013220
Jul 2013245
Jun 2013227
May 2013237
Apr 2013258
Mar 2013249
Feb 2013254
Jan 2013279
Dec 2012266
Nov 2012271
Oct 2012302
Sep 2012407
Aug 2012468
Jul 2012528
Jun 2012521
May 2012533
Apr 2012572
Mar 2012566
Feb 2012582
Jan 2012622
Dec 2011724
Nov 2011753
Oct 2011791
Sep 2011670
Aug 2011555

Homes finished and licensed each year in Região Autónoma dos Açores

Homes completed in new buildings (columns) against homes licensed for construction (line), each year since 2011. INE.

  • Homes finished
  • Homes licensed
Show the numbers
YearHomes finishedHomes licensed
2025446751
2024515662
2023490516
2022397635
2021468624
2020344543
2019347558
2018285427
2017210375
2016221239
2015236262
2014185173
2013487225
2012538264
2011700724
Homes finished per 1,000 residents, 2025
1.8

Who built the homes finished in Região Autónoma dos Açores

Who built the homes completed each year, as a share of that year. INE, since 2011.

  • Cooperatives and others
  • Public bodies
  • Private individuals
  • Companies
Show the numbers
YearCompaniesPrivate individualsPublic bodiesCooperatives and othersTotal
202514.3%85.0%0.7%0.0%446
202422.9%76.9%0.2%0.0%515
202326.1%73.7%0.0%0.2%490
202219.4%80.6%0.0%0.0%397
202127.8%71.6%0.2%0.4%468
202022.7%77.3%0.0%0.0%344
201917.9%81.3%0.9%0.0%347
201823.9%75.4%0.7%0.0%285
201714.8%84.8%0.5%0.0%210
201619.0%80.5%0.5%0.0%221
201530.5%69.1%0.4%0.0%236
201412.4%85.9%1.6%0.0%185
201355.6%43.5%0.4%0.4%487
201244.2%54.8%0.7%0.2%538
201139.1%60.9%0.0%0.0%700

Homes finished in Região Autónoma dos Açores, by number of bedrooms

Homes completed in new buildings by number of bedrooms, as a share of each year. INE.

  • Four or more
  • Three bedrooms
  • Two bedrooms
  • Studio or one bedroom
Show the numbers
YearStudio or one bedroomTwo bedroomsThree bedroomsFour or moreTotal
202515.7%31.8%37.2%15.2%446
202416.5%33.8%35.5%14.2%515
202316.1%29.0%39.4%15.5%490
202211.3%31.5%42.3%14.9%397
20216.0%37.2%38.7%18.2%468
202015.4%26.2%41.3%17.2%344
20199.5%32.6%40.1%17.9%347
201812.3%30.9%42.5%14.4%285
201710.5%28.6%38.6%22.4%210
201618.1%24.0%42.1%15.8%221
20159.3%27.1%44.1%19.5%236
201410.8%23.2%44.3%21.6%185
20138.2%26.3%52.0%13.6%487
20129.3%32.2%41.4%17.1%538
20116.6%25.3%53.7%14.4%700

A licence is permission to build, not a finished home: most are completed one to three years later, and some never are. INE publishes licensing three months at a time, so four windows make a year.

Other reports for Região Autónoma dos Açores

Next 12 months

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%

Affordability

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%

Buy or rent

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

Foreign buyers

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

Abroad against residents
+15.8%

Past cycles

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

People and new homes

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

Renovation

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 housing works

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.

Made with Imofolio · imofolio.com/en/market/portugal/regiao-autonoma-dos-acores/supply

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.

Try free for 3 daysTalk to the team