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Angra do Heroísmo · report

Renovation in Angra do Heroísmo

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

Buildings finished in Angra do Heroísmo, by kind of work

Buildings completed each year: new construction, extensions, alterations and reconstructions. INE.

  • Reconstructions
  • Alterations
  • Extensions
  • New construction
Show the numbers
YearNew constructionExtensionsAlterationsReconstructionsTotal
20254400044
20243100031
20233600036
20222800028
20212700027
20202700027
20191900019
20182600026
20173700037
20162910030
20154820050
20143790147
201355266390
20127126610113
2011913166134

INE counts buildings, not homes, and every kind of building, not only housing. A reconstruction rebuilds an existing building; an alteration changes its layout or use.

Other reports for Angra do Heroísmo

Asking prices have an 80% chance of landing between €1,957/m² and €2,330/m² by September 2027.

Expected, September 2027
€2,143/m²
Chance of a rise
98%

At the bank valuation, a 90 m² home costs €130,590. With 10% down and a 30-year mortgage, the payment is €496 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
19%
Payment, one income
38%

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
€536
Owning per month
€431

Sellers ask 27.1% more than banks value homes at. A year ago the gap was +18.6%.

Gap today
+27.1%
Change in a year
+8.5 pp

39.1% fewer 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
0.6

Figures for Região Autónoma dos Açores: Angra do Heroísmo 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.

Abroad against residents
+15.8%

Bank valuations have fallen by 3% or more 11 times since 2016. The deepest began in July 2020.

Deepest fall
−18.5%
Recovery from the low
12 months

In 2025 the population grew by 11 while 41 homes were finished: 0.3 new residents for every new home.

New residents per new home, 2025
0.3
Population change, 2025
+11

11.5% of the 15,575 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.5%
Empty homes
1,798

Public bodies signed €14.2M of housing works here in 2025, and €41.4M since 2012.

Signed in 2025
€14.2M
Per resident, 2025
€408

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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