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Municipality · data to September 2026

House prices in Lajes do Pico

Homes in Lajes do Pico are advertised at €1,314 per m², up 24.5% on a year ago. That is more than in 30% of Portuguese municipalities. Over the last six months prices moved at +22.1% a year, faster than the +17.8% a year of the past two years.

Asking price per m²
€1,314/m²
Change in a year
+24.5%
+20.2% after inflation
A 90 m² home
€118,260
at today's asking price per m²
Pricier than
30%
of municipalities

Lajes do Pico: +47.0% in 2 years

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

  • Lajes do Pico
  • Pico island
  • Portugal
  • Expected path
  • 80% range
Show the numbers
MonthLajes do PicoPico islandPortugal
Sep 2027 · Expected path€1,580/m² (€1,417/m²–€1,744/m²)€2,032/m²€3,380/m²
Aug 2027 · Expected path€1,558/m² (€1,402/m²–€1,714/m²)€2,009/m²€3,367/m²
Jul 2027 · Expected path€1,536/m² (€1,388/m²–€1,684/m²)€1,986/m²€3,355/m²
Jun 2027 · Expected path€1,514/m² (€1,374/m²–€1,654/m²)€1,963/m²€3,342/m²
May 2027 · Expected path€1,492/m² (€1,360/m²–€1,624/m²)€1,940/m²€3,329/m²
Apr 2027 · Expected path€1,469/m² (€1,346/m²–€1,593/m²)€1,917/m²€3,317/m²
Mar 2027 · Expected path€1,447/m² (€1,334/m²–€1,561/m²)€1,894/m²€3,304/m²
Feb 2027 · Expected path€1,425/m² (€1,322/m²–€1,529/m²)€1,871/m²€3,291/m²
Jan 2027 · Expected path€1,403/m² (€1,311/m²–€1,495/m²)€1,848/m²€3,279/m²
Dec 2026 · Expected path€1,381/m² (€1,301/m²–€1,460/m²)€1,825/m²€3,266/m²
Nov 2026 · Expected path€1,358/m² (€1,293/m²–€1,423/m²)€1,802/m²€3,253/m²
Oct 2026 · Expected path€1,336/m² (€1,290/m²–€1,382/m²)€1,779/m²€3,241/m²
Sep 2026€1,314/m²€1,756/m²€3,228/m²
Aug 2026€1,309/m²€1,778/m²€3,207/m²
Jul 2026€1,250/m²€1,723/m²€3,210/m²
Jun 2026€1,237/m²€1,661/m²€3,211/m²
May 2026€1,230/m²€1,683/m²€3,198/m²
Apr 2026€1,220/m²€1,706/m²€3,198/m²
Mar 2026€1,189/m²€1,635/m²€3,174/m²
Feb 2026€1,205/m²€1,643/m²€3,141/m²
Jan 2026€1,151/m²€1,571/m²€3,112/m²
Dec 2025€1,173/m²€1,611/m²€3,080/m²
Nov 2025€1,122/m²€1,611/m²€3,063/m²
Oct 2025€1,071/m²€1,502/m²€3,023/m²
Sep 2025€1,055/m²€1,485/m²€2,993/m²
Aug 2025€1,001/m²€1,472/m²€2,983/m²
Jul 2025€1,003/m²€1,459/m²€2,972/m²
Jun 2025€992/m²€1,433/m²€2,938/m²
May 2025€1,059/m²€1,422/m²€2,891/m²
Apr 2025€1,035/m²€1,383/m²€2,867/m²
Mar 2025€1,016/m²€1,405/m²€2,832/m²
Feb 2025€1,027/m²€1,452/m²€2,795/m²
Jan 2025€994/m²€1,395/m²€2,753/m²
Dec 2024€975/m²€1,350/m²€2,720/m²
Nov 2024€995/m²€1,329/m²€2,678/m²
Oct 2024€965/m²€1,223/m²€2,650/m²
Sep 2024€947/m²€1,259/m²€2,636/m²
Aug 2024€936/m²€1,292/m²€2,626/m²
Jul 2024€894/m²€1,258/m²€2,624/m²

Reports for Lajes do Pico

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

Asking prices have an 80% chance of landing between €1,417/m² and €1,744/m² by September 2027.

Expected, September 2027
€1,580/m²
Chance of a rise
98%

At the median sale price, a 90 m² home costs €100,170. With 10% down and a 30-year mortgage, the payment is €380 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
16%
Payment, one income
31%

Figures for Região Autónoma dos Açores: Lajes do Pico 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
€559
Owning per month
€497

82.6% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
17
Per 1,000 residents
3.7

Figures for Região Autónoma dos Açores: Lajes do Pico 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%

In 2025 the population grew by 19 while 4 homes were finished: 4.8 new residents for every new home.

New residents per new home, 2025
4.8
Population change, 2025
+19

11.6% of the 3,238 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
11.6%
Empty homes
376

In 2025, 29% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
29%
Reconstructions per 100 new buildings
0.0

Public bodies signed €80K of housing works here in 2022, and €237.4K since 2012.

Signed in 2022
€80K
Per resident, 2022
€18

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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