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Lajes do Pico · report

New homes in Lajes do Pico

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

Homes licensed for construction in Lajes do Pico

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

  • Lajes do Pico
  • Ten-year average
Show the numbers
PeriodLajes do Pico
Aug 202617
Jul 202616
Jun 202617
May 202616
Apr 202610
Mar 202611
Feb 202611
Jan 202611
Dec 20259
Nov 20257
Oct 20256
Sep 20258
Aug 20258
Jul 20256
Jun 20258
May 20255
Apr 20254
Mar 20257
Feb 20254
Jan 20252
Dec 20247
Nov 20246
Oct 20245
Sep 20244
Aug 20247
Jul 20249
Jun 20241
May 202411
Apr 20248
Mar 20246
Feb 202416
Jan 202413
Dec 20238
Nov 202317
Oct 202312
Sep 202311
Aug 202313
Jul 202310
Jun 202312
May 202312
Apr 202312
Mar 202311
Feb 20238
Jan 20237
Dec 202211
Nov 20228
Oct 20227
Sep 202211
Aug 20229
Jul 20229
Jun 202213
May 202211
Apr 20229
Mar 202211
Feb 20229
Jan 202210
Dec 20219
Nov 20219
Oct 20219
Jul 20217
Apr 20216
Jan 20217
Oct 20205
Sep 20201
Aug 20203
Jul 20203
Jun 20203
May 20202
Apr 20202
Mar 20204
Feb 20206
Jan 20200
Dec 201911
Nov 201917
Oct 20190
Sep 201918
Aug 201924
Jul 20192
Jun 201916
May 201924
Apr 20193
Mar 201915
Feb 201919
Jan 20195
Dec 201811
Nov 201811
Oct 20189
Sep 20187
Aug 20189
Jul 201810
Jun 20187
May 201812
Apr 201811
Mar 201810
Feb 201814
Jan 20189
Dec 201712
Nov 201715
Oct 201710
Sep 201711
Aug 201710
Jul 20179
Jun 201713
May 20179
Apr 20177
Mar 201713
Feb 201710
Jan 20177
Dec 201613
Nov 201610
Oct 20162
Sep 201615
Aug 201617
Jul 20165
Jun 201618
May 201615
Apr 20167
Mar 201614
Feb 201611
Jan 20167
Dec 201512
Nov 20157
Oct 20157
Sep 20158
Aug 20152
Jul 20152
Jun 20156
May 20152
Apr 20152
Mar 20158
Feb 20152
Jan 20153
Dec 20146
Nov 20142
Oct 20144
Sep 20149
Aug 20140
Jul 20144
Jun 201410
May 20140
Apr 20146
Mar 20148
Feb 20142
Jan 20145
Dec 201310
Nov 20136
Oct 20137
Sep 201311
Aug 20139
Jul 20137
Jun 201313
May 20139
Apr 20138
Mar 201319
Feb 20137
Jan 201314
Dec 201221
Nov 20128
Oct 201215
Sep 201220
Aug 20128
Jul 201216
Jun 201216
May 20128
Apr 201213
Mar 201210
Feb 201211
Jan 20127
Dec 20118
Nov 20118
Oct 20115
Sep 20116
Aug 20116

Homes finished and licensed each year in Lajes do Pico

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
202549
202465
2023612
202219
202149
202055
201998
2018512
2017412
201688
201539
201485
201397
2012814
2011108
Homes finished per 1,000 residents, 2025
0.9

Who built the homes finished in Lajes do Pico

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
20250.0%100.0%0.0%0.0%4
20240.0%100.0%0.0%0.0%6
202333.3%66.7%0.0%0.0%6
20220.0%100.0%0.0%0.0%1
20210.0%100.0%0.0%0.0%4
202020.0%80.0%0.0%0.0%5
201944.4%55.6%0.0%0.0%9
201820.0%80.0%0.0%0.0%5
20170.0%100.0%0.0%0.0%4
201637.5%62.5%0.0%0.0%8
20150.0%100.0%0.0%0.0%3
20140.0%100.0%0.0%0.0%8
20130.0%100.0%0.0%0.0%9
20120.0%100.0%0.0%0.0%8
20110.0%100.0%0.0%0.0%10

Homes finished in Lajes do Pico, 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
20250.0%50.0%50.0%0.0%4
202433.3%16.7%33.3%16.7%6
20230.0%33.3%66.7%0.0%6
2022100.0%0.0%0.0%0.0%1
202125.0%25.0%25.0%25.0%4
20200.0%40.0%60.0%0.0%5
201933.3%66.7%0.0%0.0%9
20180.0%40.0%20.0%40.0%5
201775.0%25.0%0.0%0.0%4
201637.5%12.5%25.0%25.0%8
201533.3%33.3%33.3%0.0%3
201425.0%25.0%25.0%25.0%8
201322.2%44.4%22.2%11.1%9
20120.0%37.5%25.0%37.5%8
20110.0%30.0%30.0%40.0%10

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 Lajes do Pico

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

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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