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Ribeira Grande · report

New homes in Ribeira Grande

11.2% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
80
Per 1,000 residents
2.5

Homes licensed for construction in Ribeira Grande

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

  • Ribeira Grande
  • Ten-year average
Show the numbers
PeriodRibeira Grande
Aug 202680
Jul 202682
Jun 202680
May 202677
Apr 202683
Mar 2026113
Feb 2026124
Jan 2026126
Dec 2025134
Nov 2025132
Oct 2025114
Sep 2025109
Aug 2025110
Jul 2025110
Jun 2025110
May 2025110
Apr 2025107
Mar 202582
Feb 202565
Jan 202560
Dec 202452
Nov 202446
Oct 202453
Sep 202454
Aug 202469
Jul 202479
Jun 202485
May 202485
Apr 202488
Mar 202486
Feb 2024100
Jan 2024101
Dec 202399
Nov 2023105
Oct 2023101
Sep 2023103
Aug 202387
Jul 202379
Jun 202374
May 202373
Apr 202375
Mar 202376
Feb 202368
Jan 202381
Dec 202286
Nov 202288
Oct 202293
Sep 202292
Aug 2022100
Jul 2022102
Jun 202299
May 2022110
Apr 2022116
Mar 2022124
Feb 2022135
Jan 2022122
Dec 2021125
Nov 2021121
Oct 2021113
Jul 2021108
Apr 202191
Jan 202172
Oct 202063
Sep 202060
Aug 202065
Jul 202065
Jun 202059
May 202058
Apr 202058
Mar 202059
Feb 202057
Jan 202050
Dec 201951
Nov 201952
Oct 201958
Sep 201954
Aug 201951
Jul 201952
Jun 201954
May 201955
Apr 201954
Mar 201957
Feb 201957
Jan 201957
Dec 201856
Nov 201853
Oct 201849
Sep 201848
Aug 201843
Jul 201840
Jun 201836
May 201836
Apr 201837
Mar 201834
Feb 201833
Jan 201835
Dec 201732
Nov 201732
Oct 201731
Sep 201729
Aug 201730
Jul 201732
Jun 201730
May 201727
Apr 201729
Mar 201731
Feb 201731
Jan 201729
Dec 201630
Nov 201631
Oct 201631
Sep 201634
Aug 201633
Jul 201632
Jun 201634
May 201634
Apr 201632
Mar 201629
Feb 201627
Jan 201627
Dec 201534
Nov 201535
Oct 201533
Sep 201532
Aug 201533
Jul 201531
Jun 201528
May 201527
Apr 201524
Mar 201525
Feb 201525
Jan 201522
Dec 201416
Nov 201415
Oct 201418
Sep 201415
Aug 201413
Jul 201414
Jun 201415
May 201419
Apr 201422
Mar 201422
Feb 201421
Jan 201422
Dec 201323
Nov 201322
Oct 201320
Sep 201323
Aug 201326
Jul 201327
Jun 201328
May 201324
Apr 201322
Mar 201321
Feb 201322
Jan 201324
Dec 201223
Nov 201222
Oct 201221
Sep 201220
Aug 201221
Jul 201224
Jun 201224
May 201227
Apr 201231
Mar 201232
Feb 201236
Jan 201260
Dec 2011149
Nov 2011160
Oct 2011162
Sep 2011160
Aug 2011155

Homes finished and licensed each year in Ribeira Grande

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
202537134
20244952
20234499
20226486
202155125
20203867
20194151
20182156
20172732
20162230
20152934
20142216
201310023
20127723
2011220149
Homes finished per 1,000 residents, 2025
1.2

Who built the homes finished in Ribeira Grande

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
20258.1%91.9%0.0%0.0%37
202418.4%81.6%0.0%0.0%49
20239.1%90.9%0.0%0.0%44
20221.6%98.4%0.0%0.0%64
20213.6%96.4%0.0%0.0%55
20207.9%92.1%0.0%0.0%38
20194.9%95.1%0.0%0.0%41
20184.8%95.2%0.0%0.0%21
201714.8%85.2%0.0%0.0%27
201618.2%81.8%0.0%0.0%22
201510.3%89.7%0.0%0.0%29
201418.2%77.3%4.5%0.0%22
201384.0%16.0%0.0%0.0%100
201249.4%49.4%0.0%1.3%77
201180.0%20.0%0.0%0.0%220

Homes finished in Ribeira Grande, 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
202516.2%32.4%35.1%16.2%37
202410.2%26.5%40.8%22.4%49
202315.9%9.1%59.1%15.9%44
202215.6%25.0%43.8%15.6%64
202114.5%16.4%45.5%23.6%55
20205.3%18.4%47.4%28.9%38
201912.2%14.6%48.8%24.4%41
201823.8%23.8%42.9%9.5%21
20170.0%22.2%55.6%22.2%27
20160.0%22.7%63.6%13.6%22
201510.3%24.1%48.3%17.2%29
20140.0%22.7%36.4%40.9%22
20131.0%8.0%80.0%11.0%100
20122.6%26.0%50.6%20.8%77
20111.8%30.0%64.5%3.6%220

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 Ribeira Grande

Next 12 months

Asking prices have an 80% chance of landing between €2,169/m² and €2,693/m² by September 2027.

Expected, September 2027
€2,431/m²
Chance of a rise
92%

Affordability

At the bank valuation, a 90 m² home costs €154,530. With 10% down and a 30-year mortgage, the payment is €586 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
25%
Payment, one income
51%

Buy or rent

Owning and renting a 90 m² home cost about the same each month. 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
€512
Owning per month
€529

Asking against valuation

Sellers ask 24.9% more than banks value homes at. A year ago the gap was +14.2%.

Gap today
+24.9%
Change in a year
+10.7 pp

Foreign buyers

Figures for Região Autónoma dos Açores: Ribeira Grande 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%

Past cycles

Asking prices have fallen by 3% or more 2 times since 2016. The deepest began in June 2016.

Deepest fall
−15.0%
Recovery from the low
18 months

People and new homes

In 2025 the population grew by 238 while 37 homes were finished: 6.4 new residents for every new home.

New residents per new home, 2025
6.4
Population change, 2025
+238

Empty homes

12.6% of the 11,741 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
12.6%
Empty homes
1,485

Renovation

In 2025, 36% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
36%
Reconstructions per 100 new buildings
0.0

Public housing works

Public bodies signed €133K of housing works here in 2021, and €1.1M since 2012.

Signed in 2021
€133K
Per resident, 2021
€4

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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