Municipality · Açores

Calheta

Calheta is part of the Azores — a nine-island mid-Atlantic archipelago of volcanic calderas, pasture and basalt-trimmed island towns.

Last updated · First published

What does property cost in Calheta?

These are the two municipality-level medians INE publishes for Calheta: the transacted (sold) price and the median bank valuation, both per square metre. They are measured differently and are labelled separately, so a valuation is never presented as a sold price.

Median sold price · CalhetaSold · INE

€697/m²

Calheta (R.A.A.)

CC BY 4.0
Median bank valuation · CalhetaBank valuation · INE

Not yet published by INE at this granularity — we show a figure only when the warehouse can source it with provenance, never an estimate.

How Calheta sold prices have moved

Median sold price · Calheta, last 12 months (line, left axis) against dwellings sold in the last 12 months (bars, right axis).

Q4 2019 → Q1 2026Latest data: Q1 2026

Median sold price · Calheta: Instituto Nacional de Estatística (INE), Portugal · indicator 0012234 (dim3=H1) · retrieved 2026-08-12 · CC BY 4.0

Sold in last 12 months: Instituto Nacional de Estatística (INE), Portugal · indicator 0014363 · retrieved 2026-10-02 · CC BY 4.0

Show the data as a table (26 quarters)
Every quarter in the chart (Q4 2019 – Q1 2026).
QuarterMedian sold price · Calheta (last 12 months, €/m²)Sold in last 12 months (dwellings)
Q1 202669741
Q4 202568041
Q3 202575540
Q2 202566936
Q1 202570041
Q4 202469144
Q3 202459547
Q2 202459547
Q1 202443041
Q4 202354539
Q3 202360037
Q2 202367434
Q1 202364933
Q4 2022no datano data
Q3 2022no datano data
Q2 202240034
Q1 202250634
Q4 202151233
Q3 2021no datano data
Q2 2021no datano data
Q1 2021no datano data
Q4 2020no datano data
Q3 2020no datano data
Q2 202041737
Q1 202034634
Q4 201931135

Every figure in this section comes from INE and is shown with its own reference period. The sold-price and bank-valuation series are listed in the public data registry with full provenance. The dwellings-sold bars print their source, INE indicator code and licence under the chart. Sold prices and the count of dwellings sold come from INE’s house-price statistics; the bank-valuation figure is INE’s median valuation used by credit institutions.

What are the rules and costs in Calheta?

Prices tell you what it costs to buy in Calheta; the rules and costs below tell you what governs a purchase and what it costs to hold.

Two rules shape most purchases here — whether a property can be let short-term, and what it costs to hold each year — followed by the guides and calculator to model your full purchase.

Can you run a short-term rental here?

Short-term letting (Alojamento Local, AL) is regulated at the municipal level in Calheta, as it is across Portugal: the national Alojamento Local regime (Decreto-Lei 128/2014, as amended) sets registration and operating requirements, while each câmara municipal can designate zonas de contenção that suspend or restrict new AL registrations. Restriction status varies by municipality and by parish, and changes over time.

This is general information, not legal advice — confirm the current status for a specific address with the Calheta câmara municipal before assuming a property can be operated as AL.

What about annual property tax (IMI)?

Municipal Property Tax (IMI) is levied annually by the Calheta council within a band set nationally, so the exact rate depends on the municipality and the property’s taxable value (VPT). We do not print a rate we cannot source: any specific figure we publish is drawn from the official register with its reference year, never estimated here.

To model the full acquisition cost — IMT, stamp duty and the recurring IMI — for a specific Calheta purchase, use the cost calculator linked below.

Common questions about Calheta

How much does property cost per square metre in Calheta?
In Calheta (R.A.A.), the median transacted (sold) price is about €697 per square metre (1st Quarter 2026). Source: Instituto Nacional de Estatística (INE), Portugal, CC BY 4.0.

We publish a number only when the warehouse can source it. Many of the series shown here, including the sold-price and bank-valuation medians, are listed in the public data registry with their official sources, reference periods and licences. The dwellings-sold bars in the price chart print their source, INE indicator code and licence under the chart.

Buying in Calheta?

Map the numbers on this page to your specific purchase. Speak with an advisor about costs, timeline and paperwork.

Book a free consultation