Municipality · Açores

Lajes das Flores

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

First published

What does property cost in Lajes das Flores?

These are the two municipality-level medians INE publishes for Lajes das Flores: 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 · Lajes das FloresSold · 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.

Median bank valuation · Lajes das FloresBank 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 Lajes das Flores sold prices have moved

  • Median sold price · Lajes das Flores· Sold
Latest data: 4th Quarter 2023Median sold price · Lajes das FloresMedian sold price · Lajes das Flores: latest 549 €/m² in 4th Quarter 2023.549 €/m² · 4th Quarter 2023

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

How Lajes das Flores sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Lajes das Flores (€/m²)
2nd Quarter 2023590
3rd Quarter 2023668
4th Quarter 2023549
1st Quarter 2024
2nd Quarter 2024
3rd Quarter 2024
4th Quarter 2024
1st Quarter 2025
2nd Quarter 2025
3rd Quarter 2025
4th Quarter 2025
1st Quarter 2026
Median sold price · Lajes das FloresLatest 4th Quarter 2023: 549 · Min 411 · Max 668 · Range 257 · CAGR +8%/yr
Show all 26 rows
How Lajes das Flores sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Lajes das Flores (€/m²)
4th Quarter 2019
1st Quarter 2020411
2nd Quarter 2020
3rd Quarter 2020
4th Quarter 2020
1st Quarter 2021
2nd Quarter 2021
3rd Quarter 2021
4th Quarter 2021
1st Quarter 2022
2nd Quarter 2022
3rd Quarter 2022
4th Quarter 2022597
1st Quarter 2023579
2nd Quarter 2023590
3rd Quarter 2023668
4th Quarter 2023549
1st Quarter 2024
2nd Quarter 2024
3rd Quarter 2024
4th Quarter 2024
1st Quarter 2025
2nd Quarter 2025
3rd Quarter 2025
4th Quarter 2025
1st Quarter 2026
Median sold price · Lajes das FloresLatest 4th Quarter 2023: 549 · Min 411 · Max 668 · Range 257 · CAGR +8%/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 Lajes das Flores?

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

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 Lajes das Flores?

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

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