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Vila da Praia da Vitória · report

New homes in Vila da Praia da Vitória

55.8% more homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
51
Per 1,000 residents
2.6

Homes licensed for construction in Vila da Praia da Vitória

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

  • Vila da Praia da Vitória
  • Ten-year average
Show the numbers
PeriodVila da Praia da Vitória
Aug 202651
Jul 202651
Jun 202666
May 202658
Apr 202650
Mar 202651
Feb 202649
Jan 202650
Dec 202551
Nov 202550
Oct 202549
Sep 202547
Aug 202547
Jul 202549
Jun 202535
May 202537
Apr 202536
Mar 202539
Feb 202535
Jan 202536
Dec 202433
Nov 202432
Oct 202428
Sep 202428
Aug 202427
Jul 202426
Jun 202422
May 202423
Apr 202424
Mar 202424
Feb 202426
Jan 202429
Dec 202331
Nov 202333
Oct 202334
Sep 202347
Aug 202346
Jul 202346
Jun 202346
May 202343
Apr 202344
Mar 202340
Feb 202341
Jan 202338
Dec 202235
Nov 202236
Oct 202235
Sep 202222
Aug 202227
Jul 202228
Jun 202227
May 202229
Apr 202227
Mar 202231
Feb 202230
Jan 202229
Dec 202133
Nov 202136
Oct 202136
Jul 202141
Apr 202144
Jan 202136
Oct 202042
Sep 202040
Aug 202042
Jul 202032
Jun 202039
May 202042
Apr 202033
Mar 202042
Feb 202043
Jan 202040
Dec 201938
Nov 201929
Oct 201927
Sep 201927
Aug 201925
Jul 201928
Jun 201927
May 201926
Apr 201925
Mar 201922
Feb 201923
Jan 201924
Dec 201829
Nov 201826
Oct 201829
Sep 201832
Aug 201833
Jul 201829
Jun 201829
May 201831
Apr 201828
Mar 201828
Feb 201829
Jan 201828
Dec 201723
Nov 201720
Oct 201723
Sep 201719
Aug 201715
Jul 201720
Jun 201719
May 201711
Apr 201717
Mar 201720
Feb 201711
Jan 201715
Dec 201615
Nov 201613
Oct 201614
Sep 201615
Aug 201610
Jul 201612
Jun 201613
May 201613
Apr 201612
Mar 201611
Feb 201611
Jan 201614
Dec 201515
Nov 201514
Oct 201513
Sep 201512
Aug 201513
Jul 201512
Jun 201511
May 201511
Apr 201510
Mar 20159
Feb 20159
Jan 20158
Dec 20148
Nov 201412
Oct 201413
Sep 20148
Aug 201418
Jul 201415
Jun 201410
May 201418
Apr 201417
Mar 201412
Feb 201420
Jan 201417
Dec 201311
Nov 201317
Oct 201314
Sep 201315
Aug 201318
Jul 201320
Jun 201319
May 201321
Apr 201319
Mar 201318
Feb 201319
Jan 201321
Dec 201224
Nov 201223
Oct 201223
Sep 201223
Aug 201222
Jul 201223
Jun 201223
May 201223
Apr 201226
Mar 201228
Feb 201236
Jan 201235
Dec 201136
Nov 201142
Oct 201145
Sep 201143
Aug 201139

Homes finished and licensed each year in Vila da Praia da Vitória

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
20251251
20243633
20233631
20222735
20212733
20202040
20191938
20181429
2017722
20161314
20151415
2014128
20135116
20123524
20117436
Homes finished per 1,000 residents, 2025
0.6

Who built the homes finished in Vila da Praia da Vitória

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
202516.7%83.3%0.0%0.0%12
202425.0%75.0%0.0%0.0%36
202333.3%66.7%0.0%0.0%36
202218.5%81.5%0.0%0.0%27
20213.7%96.3%0.0%0.0%27
202015.0%85.0%0.0%0.0%20
201910.5%89.5%0.0%0.0%19
20180.0%100.0%0.0%0.0%14
20170.0%100.0%0.0%0.0%7
20160.0%100.0%0.0%0.0%13
20157.1%92.9%0.0%0.0%14
20148.3%91.7%0.0%0.0%12
201360.8%37.3%0.0%2.0%51
201214.3%85.7%0.0%0.0%35
201123.0%77.0%0.0%0.0%74

Homes finished in Vila da Praia da Vitória, 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%16.7%75.0%8.3%12
202419.4%41.7%33.3%5.6%36
202325.0%30.6%41.7%2.8%36
202211.1%29.6%55.6%3.7%27
202111.1%14.8%51.9%22.2%27
202015.0%35.0%40.0%10.0%20
20190.0%0.0%94.7%5.3%19
20180.0%14.3%71.4%14.3%14
20170.0%14.3%85.7%0.0%7
20160.0%15.4%84.6%0.0%13
201521.4%35.7%42.9%0.0%14
20140.0%25.0%66.7%8.3%12
20132.0%47.1%43.1%7.8%51
20120.0%11.4%71.4%17.1%35
20114.1%33.8%54.1%8.1%74

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 Vila da Praia da Vitória

Next 12 months

Asking prices have an 80% chance of landing between €2,027/m² and €2,480/m² by September 2027.

Expected, September 2027
€2,254/m²
Chance of a rise
98%

Affordability

At the bank valuation, a 90 m² home costs €124,110. With 10% down and a 30-year mortgage, the payment is €471 a month. Banco de Portugal caps it at 50% of a household's net income.

Payment, two incomes
18%
Payment, one income
36%

Buy or rent

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
€587
Owning per month
€433

Asking against valuation

Sellers ask 36.5% more than banks value homes at. A year ago the gap was +3.1%.

Gap today
+36.5%
Change in a year
+33.3 pp

Foreign buyers

Figures for Região Autónoma dos Açores: Vila da Praia da Vitória 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 3 times since 2015. The deepest began in December 2016.

Deepest fall
−26.1%
Recovery from the low
46 months

People and new homes

In 2025 the population grew by 67 while 12 homes were finished: 5.6 new residents for every new home.

New residents per new home, 2025
5.6
Population change, 2025
+67

Empty homes

14.6% of the 9,751 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.

Empty, 2021 census
14.6%
Empty homes
1,422

Renovation

In 2025, 44% of the buildings finished were work on existing buildings: extensions, alterations and reconstructions.

Work on existing buildings, 2025
44%
Reconstructions per 100 new buildings
0.0

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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