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São Jorge island · report

New homes in São Jorge island

39.3% more 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
2.3

Homes licensed for construction in São Jorge island

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

  • São Jorge island
  • Ten-year average
Show the numbers
PeriodSão Jorge island
Aug 202620
Jul 202619
Jun 202619
May 202618
Apr 202627
Mar 202629
Feb 202626
Jan 202621
Dec 202524
Nov 202525
Oct 202527
Sep 202523
Aug 202528
Jul 202529
Jun 202523
May 202529
Apr 202524
Mar 202515
Feb 202523
Jan 202518
Dec 202410
Nov 202413
Oct 202411
Sep 20248
Aug 202411
Jul 202410
Jun 20248
May 202411
Apr 202412
Mar 20248
Feb 202410
Jan 202412
Dec 202313
Nov 202313
Oct 202312
Sep 202313
Aug 202311
Jul 202313
Jun 202312
May 202312
Apr 202310
Mar 202317
Feb 202316
Jan 202318
Dec 202214
Nov 202216
Oct 202215
Sep 202216
Aug 202217
Jul 202215
Jun 202219
May 202219
Apr 202216
Mar 202221
Feb 202220
Jan 202218
Dec 202121
Nov 202121
Oct 202121
Jul 202118
Apr 202127
Jan 202117
Oct 202015
Sep 202017
Aug 202013
Jul 202019
Jun 202020
May 202014
Apr 20206
Mar 20209
Feb 20205
Jan 20208
Dec 201912
Nov 20194
Oct 201912
Sep 201915
Aug 20198
Jul 20199
Jun 201910
May 20197
Apr 201912
Mar 201914
Feb 20199
Jan 201915
Dec 201814
Nov 201811
Oct 201811
Sep 201810
Aug 201810
Jul 201811
Jun 201811
May 201810
Apr 201810
Mar 20187
Feb 20189
Jan 20186
Dec 20176
Nov 201713
Oct 20179
Sep 20177
Aug 201711
Jul 20179
Jun 20178
May 201712
Apr 20179
Mar 20179
Feb 201710
Jan 201710
Dec 20168
Nov 20164
Oct 201612
Sep 201616
Aug 201614
Jul 201611
Jun 201622
May 201611
Apr 201611
Mar 201622
Feb 201613
Jan 201612
Dec 201524
Nov 201516
Oct 20159
Sep 201513
Aug 20157
Jul 201510
Jun 20157
May 20157
Apr 201510
Mar 20156
Feb 20156
Jan 20158
Dec 20142
Nov 20144
Oct 20148
Sep 20143
Aug 20143
Jul 20149
Jun 20144
May 20147
Apr 20149
Mar 20144
Feb 20146
Jan 201410
Dec 20134
Nov 20138
Oct 201315
Sep 20135
Aug 201311
Jul 201316
Jun 201311
May 201311
Apr 201317
Mar 201314
Feb 201314
Jan 201315
Dec 201216
Nov 201213
Oct 20129
Sep 201216
Aug 201211
Jul 20126
Jun 201210
May 20129
Apr 20128
Mar 20129
Feb 20127
Jan 20128
Dec 201111
Nov 20117
Oct 201113
Sep 201115
Aug 201110

Homes finished and licensed each year in São Jorge island

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
20252324
20241512
20231113
2022816
20211621
2020817
2019118
2018613
2017107
2016910
2015617
2014115
201386
20121215
2011199
Homes finished per 1,000 residents, 2025
2.7

Who built the homes finished in São Jorge island

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
202539.1%60.9%0.0%0.0%23
20240.0%100.0%0.0%0.0%15
20230.0%100.0%0.0%0.0%11
202212.5%87.5%0.0%0.0%8
202125.0%62.5%0.0%12.5%16
20200.0%100.0%0.0%0.0%8
20199.1%81.8%9.1%0.0%11
20180.0%100.0%0.0%0.0%6
20170.0%100.0%0.0%0.0%10
201611.1%88.9%0.0%0.0%9
20150.0%100.0%0.0%0.0%6
20140.0%100.0%0.0%0.0%11
20130.0%100.0%0.0%0.0%8
20120.0%100.0%0.0%0.0%12
20110.0%100.0%0.0%0.0%19

Homes finished in São Jorge island, 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
202547.8%21.7%26.1%4.3%23
20246.7%73.3%13.3%6.7%15
202354.5%36.4%9.1%0.0%11
20220.0%25.0%62.5%12.5%8
20210.0%75.0%25.0%0.0%16
202012.5%25.0%50.0%12.5%8
201927.3%18.2%45.5%9.1%11
201816.7%33.3%33.3%16.7%6
201710.0%20.0%40.0%30.0%10
201622.2%44.4%22.2%11.1%9
20150.0%0.0%83.3%16.7%6
20140.0%45.5%36.4%18.2%11
201325.0%37.5%37.5%0.0%8
20128.3%33.3%50.0%8.3%12
20110.0%36.8%47.4%15.8%19

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 São Jorge island

Next 12 months

Asking prices have an 80% chance of landing between €1,466/m² and €2,058/m² by September 2027.

Expected, September 2027
€1,762/m²
Chance of a rise
88%

Affordability

Figures for Portugal: São Jorge 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%

Buy or rent

Figures for Portugal: São Jorge 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

Foreign buyers

Figures for Portugal: São Jorge 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%

Past cycles

Asking prices have fallen by 3% or more 4 times since 2022. The deepest began in January 2022.

Deepest fall
−23.6%
Recovery from the low
19 months

People and new homes

In 2025 the population grew by 75 while 23 homes were finished: 3.3 new residents for every new home.

New residents per new home, 2025
3.3
Population change, 2025
+75

Empty homes

14.9% of the 5,682 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.9%
Empty homes
845

Renovation

In 2025, 11% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
11%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €94.8K of housing works here in 2015, and €273.6K since 2012.

Signed in 2015
€94.8K
Per resident, 2015
€11

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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