House prices in Ribeira Grande

Asking prices have an 80% chance of landing between €2,169/m² and €2,693/m² by September 2027.

At the bank valuation, a 90 m² home costs €154,530. With 10% down and a 30-year mortgage, the payment is €586 a month. Banco de Portugal caps it at 50% of a household's net income.

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.

Sellers ask 24.9% more than banks value homes at. A year ago the gap was +14.2%.

11.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Figures for Região Autónoma dos Açores: Ribeira Grande has no reliable figures of its own.

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

Asking prices have fallen by 3% or more 2 times since 2016. The deepest began in June 2016.

In 2025 the population grew by 238 while 37 homes were finished: 6.4 new residents for every new home.

12.6% of the 11,741 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

In 2025, 36% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Public bodies signed €133K of housing works here in 2021, and €1.1M since 2012.