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Povoação · report

Past price cycles in Povoação

Asking prices have fallen by 3% or more 4 times since 2017. The deepest began in November 2017.

Deepest fall
−32.1%
Recovery from the low
52 months

Prices in Povoação and Portugal, indexed

Asking prices, both set to 100 in October 2017.

  • Povoação
  • Portugal
  • 100 = October 2017
Show the numbers
PeriodPovoaçãoPortugal
Sep 2026253.4215.6
Aug 2026256.1214.2
Jul 2026262.1214.4
Jun 2026268.1214.5
May 2026274.1213.6
Apr 2026281.8213.6
Mar 2026269.4212.0
Feb 2026263.7209.8
Jan 2026271.6207.9
Dec 2025275.0205.7
Nov 2025268.3204.6
Oct 2025281.2201.9
Sep 2025286.7199.9
Aug 2025272.9199.3
Jul 2025259.0198.5
Jun 2025245.2196.3
May 2025231.3193.1
Apr 2025217.5191.5
Mar 2025203.6189.2
Feb 2025189.8186.7
Jan 2025175.8183.9
Dec 2024174.3181.7
Nov 2024166.0178.9
Oct 2024157.6177.0
Sep 2024149.3176.1
Aug 2024141.0175.4
Jul 2024150.9175.3
Jun 2024143.3173.8
May 2024154.5172.9
Apr 2024149.8170.4
Mar 2024145.0169.1
Feb 2024140.3167.8
Jan 2024135.4166.9
Dec 2023130.8164.8
Nov 2023125.6163.3
Oct 2023120.3160.9
Sep 2023115.0159.7
Aug 2023108.5159.3
Jul 2023106.3159.9
Jun 2023111.5159.7
May 2023116.8158.2
Apr 2023116.9157.6
Mar 2023118.9156.1
Feb 2023124.8155.3
Jan 2023124.8154.3
Dec 2022118.9153.6
Nov 2022113.1153.2
Oct 2022107.3150.9
Sep 2022101.5150.0
Aug 202295.7149.8
Jul 202292.8149.6
Jun 202289.9149.5
May 202286.7149.3
Apr 202283.6148.5
Mar 202280.4148.6
Feb 202277.8147.9
Jan 202281.5147.2
Dec 202181.8147.1
Nov 202184.2146.7
Oct 202186.6145.8
Sep 202191.1144.1
Aug 202195.5143.5
Jul 202194.8143.0
Jun 202189.7141.7
May 202191.2140.8
Apr 202185.0140.1
Mar 202186.5140.0
Feb 202187.8139.5
Jan 202189.7139.9
Dec 202086.4139.0
Nov 202083.2137.9
Oct 202079.9136.1
Sep 202080.4134.6
Aug 202078.3133.9
Jul 202080.2133.1
Jun 202081.2133.7
May 202081.5134.3
Apr 202080.6134.9
Mar 202082.9133.6
Feb 202077.2132.7
Jan 202078.2131.2
Dec 201977.9132.1
Nov 201983.2131.3
Oct 201981.9131.0
Sep 201986.2130.8
Aug 201990.5130.9
Jul 201992.0131.0
Jun 201991.5129.0
May 201989.3126.0
Apr 201987.1123.2
Mar 201986.3121.9
Feb 201981.3120.4
Jan 201979.7119.1
Dec 201881.9118.8
Nov 201882.2117.8
Oct 201881.7116.4
Sep 201879.7113.8
Aug 201877.6111.6
Jul 201875.5111.3
Jun 201870.1108.8
May 201873.9107.8
Apr 201877.7105.5
Mar 201881.6104.5
Feb 201885.4104.0
Jan 201889.3102.4
Dec 201793.2102.7
Nov 2017103.2101.5
Oct 2017100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
November 2017June 2018−32.1%752
February 2023July 2023−14.8%54
May 2024August 2024−8.7%32
September 2025September 2026−11.6%12Not yet

Portugal against the EU since 2015

Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.

  • Portugal
  • EU
  • 2015 = 100
Show the numbers
PeriodPortugalEU
Q2 2026301.4168.6
Q1 2026291.0166.5
Q4 2025280.2164.6
Q3 2025269.4163.5
Q2 2025258.8161.0
Q1 2025247.1158.5
Q4 2024235.7156.2
Q3 2024228.9155.1
Q2 2024220.7152.7
Q1 2024212.5149.8
Q4 2023211.3148.9
Q3 2023208.5149.1
Q2 2023204.7148.2
Q1 2023198.6147.6
Q4 2022195.9148.7
Q3 2022193.8150.9
Q2 2022188.3149.6
Q1 2022182.6146.2
Q4 2021176.0143.2
Q3 2021171.3140.2
Q2 2021166.4136.0
Q1 2021161.7132.1
Q4 2020157.7129.8
Q3 2020153.6128.1
Q2 2020154.3126.3
Q1 2020151.7124.4
Q4 2019146.1122.7
Q3 2019143.7121.5
Q2 2019140.7119.8
Q1 2019137.1117.6
Q4 2018132.3116.8
Q3 2018129.7115.9
Q2 2018128.5114.2
Q1 2018125.6112.3
Q4 2017121.1111.2
Q3 2017119.6110.4
Q2 2017115.5108.8
Q1 2017111.9106.9
Q4 2016109.6106.1
Q3 2016108.3105.4
Q2 2016106.9103.8
Q1 2016103.7102.0
Q4 2015101.8101.1
Q3 2015100.7100.8
Q2 2015100.699.8
Q1 201596.998.3

Bank valuations go back to 2011, so they include the fall after the euro crisis; asking prices start in 2015. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Povoação

Next 12 months

Asking prices have an 80% chance of landing between €1,512/m² and €2,856/m² by September 2027.

Expected, September 2027
€2,184/m²
Chance of a rise
52%

Affordability

At the median sale price, a 90 m² home costs €137,610. With 10% down and a 30-year mortgage, the payment is €522 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
50%

Buy or rent

Figures for Região Autónoma dos Açores: Povoação 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

New homes

38.5% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
6
Per 1,000 residents
1.1

Foreign buyers

Figures for Região Autónoma dos Açores: Povoação 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%

People and new homes

In 2025 the population fell by 5 while 9 homes were finished.

Homes finished, 2025
9
Population change, 2025
−5

Empty homes

12.8% of the 3,575 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.8%
Empty homes
456

Renovation

In 2025, 18% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
18%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €49.9K of housing works here in 2021, and €334K since 2012.

Signed in 2021
€49.9K
Per resident, 2021
€9

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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