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Municipality · Açores

Ribeira Grande

Ribeira Grande 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 Ribeira Grande?

These are the two municipality-level medians INE publishes for Ribeira Grande: 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 · Ribeira GrandeSold · INE

€1,565/m²

Ribeira Grande

1st Quarter 2026Instituto Nacional de Estatística (INE), Portugal
CC BY 4.0
Median bank valuation · Ribeira GrandeBank valuation · INE

€1,687/m²

Ribeira Grande

August 2026Instituto Nacional de Estatística (INE), Portugal
CC BY 4.0

How Ribeira Grande sold prices have moved

Median sold price · Ribeira Grande, 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 · Ribeira Grande: 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 · Ribeira Grande (last 12 months, €/m²)Sold in last 12 months (dwellings)
Q1 20261,565232
Q4 20251,425269
Q3 2025966419
Q2 2025926433
Q1 2025959444
Q4 2024849420
Q3 20241,138291
Q2 20241,120264
Q1 20241,003260
Q4 20231,000245
Q3 2023963254
Q2 2023973284
Q1 2023984305
Q4 2022985327
Q3 2022985305
Q2 2022923308
Q1 2022845289
Q4 2021810262
Q3 2021768261
Q2 2021757233
Q1 2021752205
Q4 2020763200
Q3 2020719192
Q2 2020719196
Q1 2020693203
Q4 2019673223

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 Ribeira Grande?

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

Common questions about Ribeira Grande

How much does property cost per square metre in Ribeira Grande?
In Ribeira Grande, the median transacted (sold) price is about €1,565 per square metre (1st Quarter 2026). The median bank valuation — what lenders appraised, a separate measure from the transacted price — is about €1,687 per square metre (August 2026). Source: Instituto Nacional de Estatística (INE), Portugal, CC BY 4.0.

Plan your purchase

Go deeper

Recent legal changes

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 Ribeira Grande?

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

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Other municipalities in Açores

Other municipalities in the same district — each carries its own INE-sourced price, tax and safety figures.