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Azores Portugal Real Estate Report

Azores Portugal

In 2024, the average home price in the region of Azores, Portugal, is $294,000, at a price per square foot of $147. By comparison, the national average cost to buy a house in Portugal is $524,000, or $262 per square foot.

Real estate in Azores is sought-after by foreign and local buyers alike, and prices have changed by 11.3% compared to the previous year. Homes located in the most popular towns in Portugal, frequented by tourists, tend to be more valuable, while living in remote or lesser-known locations is typically more affordable.

Here’s how Azores property prices compare to other regions of Portugal:

Alentejo $312,000
Algarve $664,000
Metropolitan Lisbon $724,000
Center $286,000
North $430,000
Madeira $588,000
Azores $294,000

House prices in the cities and towns of Azores, in US dollars

The most expensive town to buy a house in Azores is Ponta Delgada, where a 2,000 square foot home costs on average $384,000. That’s a price per square foot of $192.

The most affordable place in Azores to buy a house, of the locations analyzed, is Praia da Vitória, where you can purchase a 2,000 square foot home for as little as $226,000, or $113 per square foot, on average.

Real estate prices in Azores’s main cities and towns:

Angra do Heroísmo $230,000
Horta $254,000
Lagoa  $304,000
Ponta Delgada $384,000
Praia da Vitória $226,000
Ribeira Grande $240,000
Vila do Porto $292,000
Vila Franca do Campo $286,000

Azores Portugal

Ready to make Portugal your home? Find out all about how to buy a house in Portugal as a foreigner

Azores Portugal property prices, in Euro

An average 200-square-meter house in Azores sells for around €287,800, or €1,439 per square meter. Property prices in Azores have changed by 11.3% compared to last year.

Of the locations analyzed, the priciest properties in Azores can be found in Ponta Delgada, going for €375,000, on average, or €1,875 per square meter.

On the other hand, the cheapest house prices in Azores are in Praia da Vitória, where an average-sized home goes for €220,600. That is based on an average of €1,103 per square meter.

See how much it costs to buy property in other locations in Azores:

Angra do Heroísmo €224,800
Horta €249,000
Lagoa  €297,200
Ponta Delgada €375,000
Praia da Vitória €220,600
Ribeira Grande €234,000
Vila do Porto €286,400
Vila Franca do Campo €279,800

Home prices vary depending on the condition of the property, the size of the home, and, of course, the location. For example, apartments and homes located in historic town centers tend to be more expensive than in other areas of the town, partly because of their proximity to amenities and partly because of their higher rental value. Moreover, properties in need of extensive renovation are typically priced much lower than those that are in move-in condition.

Methodology:

  • When using or citing this data, please give credit with a link to My Dolce Casa
  • Home price data source: Idealista.pt valid as of the date of this report
  • Original prices published in euros per square meter
  • Euros converted to U.S. dollars at an exchange rate valid as of the date of this report
  • Square meters converted to square feet
  • The average price of a 2,000 square foot home was calculated by multiplying the price per square foot in USD by 2,000
  • The average price of a 200 square meter home was calculated by multiplying the price per square meter in Euro by 200

My Dolce Casa Team

My Dolce Casa is a team of expat writers whose articles and stories reflect their personal experience of moving, living, working, and retiring overseas. Through top-notch research and local expertise, they share the latest trends and insights into the ever-growing lifestyle of living across borders.

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