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Calheta (R.A.M.) · report

Renovation in Calheta (R.A.M.)

In 2025, 9% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
9%
Reconstructions per 100 new buildings
0.0

Buildings finished in Calheta (R.A.M.), 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
20254950054
20244000040
20234000040
20224210043
20213710038
20203220034
20193930042
20182720029
20172220024
20162020022
20151860024
20142110022
20133000030
20124110042
20113660042

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 Calheta (R.A.M.)

Asking prices have an 80% chance of landing between €4,647/m² and €5,422/m² by September 2027.

Expected, September 2027
€5,035/m²
Chance of a rise
98%

At the bank valuation, a 90 m² home costs €219,510. With 10% down and a 30-year mortgage, the payment is €833 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
39%
Payment, one income
78%

Renting a 90 m² home costs less each month than owning 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
€547
Owning per month
€589

Sellers ask 80.6% more than banks value homes at. A year ago the gap was +101.6%.

Gap today
+80.6%
Change in a year
−21.0 pp

8.3% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
49
Per 1,000 residents
4.2

Figures for Região Autónoma da Madeira: Calheta (R.A.M.) 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 once since 2015. That fall began in August 2015.

Deepest fall
−16.3%
Recovery from the low
31 months

In 2025 the population grew by 69 while 49 homes were finished: 1.4 new residents for every new home.

New residents per new home, 2025
1.4
Population change, 2025
+69

18.7% of the 7,630 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
18.7%
Empty homes
1,427

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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