Municipality · Açores

Lajes do Pico

Lajes do Pico 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 Lajes do Pico?

These are the two municipality-level medians INE publishes for Lajes do Pico: 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 do PicoSold · INE

€1,138/m²

Lajes do Pico

CC BY 4.0
Median bank valuation · Lajes do PicoBank 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 do Pico sold prices have moved

  • Median sold price · Lajes do Pico· Sold
Latest data: 1st Quarter 2026Median sold price · Lajes do PicoMedian sold price · Lajes do Pico: latest 1,138 €/m² in 1st Quarter 2026.1,138 €/m² · 1st Quarter 2026

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

How Lajes do Pico sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Lajes do Pico (€/m²)
2nd Quarter 2023710
3rd Quarter 2023629
4th Quarter 2023646
1st Quarter 2024645
2nd Quarter 2024741
3rd Quarter 2024951
4th Quarter 2024994
1st Quarter 2025997
2nd Quarter 2025987
3rd Quarter 2025970
4th Quarter 20251079
1st Quarter 20261138
Median sold price · Lajes do PicoLatest 1st Quarter 2026: 1,138 · Min 354 · Max 1,138 · Range 784 · CAGR +17.6%/yr
Show all 26 rows
How Lajes do Pico sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Lajes do Pico (€/m²)
4th Quarter 2019414
1st Quarter 2020459
2nd Quarter 2020512
3rd Quarter 2020544
4th Quarter 2020513
1st Quarter 2021474
2nd Quarter 2021354
3rd Quarter 2021369
4th Quarter 2021474
1st Quarter 2022512
2nd Quarter 2022575
3rd Quarter 2022681
4th Quarter 2022802
1st Quarter 2023789
2nd Quarter 2023710
3rd Quarter 2023629
4th Quarter 2023646
1st Quarter 2024645
2nd Quarter 2024741
3rd Quarter 2024951
4th Quarter 2024994
1st Quarter 2025997
2nd Quarter 2025987
3rd Quarter 2025970
4th Quarter 20251079
1st Quarter 20261138
Median sold price · Lajes do PicoLatest 1st Quarter 2026: 1,138 · Min 354 · Max 1,138 · Range 784 · CAGR +17.6%/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 do Pico?

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

Common questions about Lajes do Pico

How much does property cost per square metre in Lajes do Pico?
In Lajes do Pico, the median transacted (sold) price is about €1,138 per square metre (1st Quarter 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 Lajes do Pico?

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

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