Economy November 3, 2026

Azores record second-largest regional rise in home asking prices

In the Azores, home asking prices reached €2,141 per square metre in October 2026, with the second-largest annual rise among Portugal's regions.

The median asking price for homes listed for sale in the Azores reached €2,141 per square metre at the end of October 2026, up 13.9% from the same month a year earlier. RTP Açores reports that the figure is a regional record, based on data from property portal idealista.

In the regional comparison published by Notícias ao Minuto, only Alentejo recorded a larger annual increase, at 14.3%. Across Portugal, the median advertised price reached €3,249 per square metre, an increase of 7.5% compared with October 2025.

In Ponta Delgada, on São Miguel island, the index puts the median asking price at €2,672 per square metre, up 11.7% over the year. RTP Açores also identifies Praia da Vitória and Angra do Heroísmo, on Terceira, among the municipalities where the price per square metre rose most.

Among the regions analysed, the Azores figure was below Alentejo's €2,228 per square metre and above the €1,810 recorded in the Centre region. Asking prices increased year on year in every region covered by the idealista figures.

For families looking to buy a home in the Azores, the figures show an increase in advertised asking prices. The index does not, however, represent the final prices paid when sales are completed, and on its own it does not measure housing affordability against household incomes.

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