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District · data to September 2026

House prices in Santa Maria island

Homes in Santa Maria island are advertised at €1,606 per m², up 5.9% on a year ago. Over the last six months prices moved at −6.6% a year, slower than the +6.8% a year of the past two years.

Asking price per m²
€1,606/m²
Change in a year
+5.9%
+2.2% after inflation
A 90 m² home
€144,540
at today's asking price per m²

Santa Maria island: +11.8% in 3 years

Asking price, € per m², monthly, with the next 12 months' expected path

  • Santa Maria island
  • Portugal
  • Expected path
  • 80% range
Show the numbers
MonthSanta Maria islandPortugal
Sep 2027 · Expected path€1,569/m² (€1,250/m²–€1,888/m²)€3,380/m²
Aug 2027 · Expected path€1,572/m² (€1,267/m²–€1,877/m²)€3,367/m²
Jul 2027 · Expected path€1,575/m² (€1,285/m²–€1,866/m²)€3,355/m²
Jun 2027 · Expected path€1,578/m² (€1,303/m²–€1,854/m²)€3,342/m²
May 2027 · Expected path€1,581/m² (€1,322/m²–€1,841/m²)€3,329/m²
Apr 2027 · Expected path€1,585/m² (€1,342/m²–€1,827/m²)€3,317/m²
Mar 2027 · Expected path€1,588/m² (€1,363/m²–€1,812/m²)€3,304/m²
Feb 2027 · Expected path€1,591/m² (€1,386/m²–€1,795/m²)€3,291/m²
Jan 2027 · Expected path€1,594/m² (€1,411/m²–€1,776/m²)€3,279/m²
Dec 2026 · Expected path€1,597/m² (€1,439/m²–€1,755/m²)€3,266/m²
Nov 2026 · Expected path€1,600/m² (€1,471/m²–€1,729/m²)€3,253/m²
Oct 2026 · Expected path€1,603/m² (€1,512/m²–€1,694/m²)€3,241/m²
Sep 2026€1,606/m²€3,228/m²
Aug 2026€1,736/m²€3,207/m²
Jul 2026€1,718/m²€3,210/m²
Jun 2026€1,741/m²€3,211/m²
May 2026€1,629/m²€3,198/m²
Apr 2026€1,620/m²€3,198/m²
Mar 2026€1,662/m²€3,174/m²
Feb 2026€1,637/m²€3,141/m²
Jan 2026€1,632/m²€3,112/m²
Dec 2025€1,700/m²€3,080/m²
Nov 2025€1,717/m²€3,063/m²
Oct 2025€1,523/m²€3,023/m²
Sep 2025€1,517/m²€2,993/m²
Aug 2025€1,512/m²€2,983/m²
Jul 2025€1,514/m²€2,972/m²
Jun 2025€1,501/m²€2,938/m²
May 2025€1,572/m²€2,891/m²
Apr 2025€1,542/m²€2,867/m²
Mar 2025€1,445/m²€2,832/m²
Feb 2025€1,410/m²€2,795/m²
Jan 2025€1,393/m²€2,753/m²
Dec 2024€1,387/m²€2,720/m²
Nov 2024€1,405/m²€2,678/m²
Oct 2024€1,501/m²€2,650/m²
Sep 2024€1,408/m²€2,636/m²
Aug 2024€1,415/m²€2,626/m²
Jul 2024€1,290/m²€2,624/m²
Jun 2024€1,311/m²€2,602/m²
May 2024€1,394/m²€2,588/m²
Apr 2024€1,389/m²€2,551/m²
Mar 2024€1,407/m²€2,532/m²
Feb 2024€1,482/m²€2,512/m²
Jan 2024€1,434/m²€2,498/m²
Dec 2023€1,427/m²€2,467/m²
Nov 2023€1,425/m²€2,445/m²
Oct 2023€1,437/m²€2,408/m²

Reports for Santa Maria island

Each report opens the full series and the assumptions behind these figures.

Asking prices have an 80% chance of landing between €1,250/m² and €1,888/m² by September 2027.

Expected, September 2027
€1,569/m²
Chance of a rise
44%

Figures for Portugal: Santa Maria island has no reliable figures of its own.

At the bank valuation, a 90 m² home costs €205,020. With 10% down and a 30-year mortgage, the payment is €778 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
31%
Payment, one income
63%

Figures for Portugal: Santa Maria island has no reliable figures of its own.

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
€878
Owning per month
€715

0.4% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
13
Per 1,000 residents
2.3

Figures for Portugal: Santa Maria island has no reliable figures of its own.

Over the last 12 months, buyers domiciled abroad paid 33.5% more per m² than buyers living in Portugal.

Abroad against residents
+33.5%

Asking prices have fallen by 3% or more 5 times since 2023. The deepest began in February 2024.

Deepest fall
−13.0%
Recovery from the low
3 months

In 2025 the population fell by 24 while 9 homes were finished.

Homes finished, 2025
9
Population change, 2025
−24

14.7% of the 3,646 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.7%
Empty homes
535

In 2025, 52% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
52%
Reconstructions per 100 new buildings
20.0

Public bodies signed €8.7K of housing works here in 2021, and €373K since 2012.

Signed in 2021
€8.7K
Per resident, 2021
€2

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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