Municipality · Açores

Lagoa

Lagoa 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 Lagoa?

These are the two municipality-level medians INE publishes for Lagoa: 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 · LagoaSold · INE

€1,761/m²

Lagoa (R.A.A.)

CC BY 4.0
Median bank valuation · LagoaBank valuation · INE

€1,901/m²

Lagoa (R.A.A.)

CC BY 4.0

How Lagoa sold prices have moved

  • Median sold price · Lagoa· Sold
Latest data: 1st Quarter 2026Median sold price · LagoaMedian sold price · Lagoa: latest 1,761 €/m² in 1st Quarter 2026.1,761 €/m² · 1st Quarter 2026

Median sold price · Lagoa: Instituto Nacional de Estatística (INE), Portugal · retrieved 2026-08-12T23:51:31.305187Z · CC BY 4.0

How Lagoa sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Lagoa (€/m²)
2nd Quarter 20231356
3rd Quarter 20231349
4th Quarter 20231379
1st Quarter 20241374
2nd Quarter 20241282
3rd Quarter 20241295
4th Quarter 20241419
1st Quarter 20251601
2nd Quarter 20251651
3rd Quarter 20251748
4th Quarter 20251696
1st Quarter 20261761
Median sold price · LagoaLatest 1st Quarter 2026: 1,761 · Min 825 · Max 1,761 · Range 936 · CAGR +12.9%/yr
Show all 26 rows
How Lagoa sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Lagoa (€/m²)
4th Quarter 2019825
1st Quarter 2020837
2nd Quarter 2020846
3rd Quarter 2020852
4th Quarter 2020851
1st Quarter 2021841
2nd Quarter 2021845
3rd Quarter 2021850
4th Quarter 2021920
1st Quarter 20221015
2nd Quarter 20221090
3rd Quarter 20221214
4th Quarter 20221298
1st Quarter 20231302
2nd Quarter 20231356
3rd Quarter 20231349
4th Quarter 20231379
1st Quarter 20241374
2nd Quarter 20241282
3rd Quarter 20241295
4th Quarter 20241419
1st Quarter 20251601
2nd Quarter 20251651
3rd Quarter 20251748
4th Quarter 20251696
1st Quarter 20261761
Median sold price · LagoaLatest 1st Quarter 2026: 1,761 · Min 825 · Max 1,761 · Range 936 · CAGR +12.9%/yr

Both series are drawn from the public data registry with full provenance. Transacted (sold) figures come from INE’s house-price statistics; the bank-valuation series is INE’s median valuation used by credit institutions. Each carries its own reference period, shown above.

What are the rules and costs in Lagoa?

Prices tell you what it costs to buy in Lagoa; 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 Lagoa, 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 Lagoa 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 Lagoa 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 Lagoa purchase, use the cost calculator linked below.

Common questions about Lagoa

How much does property cost per square metre in Lagoa?
In Lagoa (R.A.A.), the median transacted (sold) price is about €1,761 per square metre (1st Quarter 2026). The median bank valuation — what lenders appraised, a separate measure from the transacted price — is about €1,901 per square metre (June 2026). Source: Instituto Nacional de Estatística (INE), Portugal, CC BY 4.0.

Every figure on this page is drawn from the public data registry with full provenance — official sources, reference periods and licences. We publish a number only when the warehouse can source it.

Buying in Lagoa?

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

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