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

CC BY 4.0
Median bank valuation · Ribeira GrandeBank valuation · INE

€1,712/m²

Ribeira Grande

CC BY 4.0

How Ribeira Grande sold prices have moved

  • Median sold price · Ribeira Grande· Sold
Latest data: 1st Quarter 2026Median sold price · Ribeira GrandeMedian sold price · Ribeira Grande: latest 1,565 €/m² in 1st Quarter 2026.1,565 €/m² · 1st Quarter 2026

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

How Ribeira Grande sold prices have moved — data table — most recent 12 periods
PeriodMedian sold price · Ribeira Grande (€/m²)
2nd Quarter 2023973
3rd Quarter 2023963
4th Quarter 20231000
1st Quarter 20241003
2nd Quarter 20241120
3rd Quarter 20241138
4th Quarter 2024849
1st Quarter 2025959
2nd Quarter 2025926
3rd Quarter 2025966
4th Quarter 20251425
1st Quarter 20261565
Median sold price · Ribeira GrandeLatest 1st Quarter 2026: 1,565 · Min 673 · Max 1,565 · Range 892 · CAGR +14.5%/yr
Show all 26 rows
How Ribeira Grande sold prices have moved — data table — full series (26 periods)
PeriodMedian sold price · Ribeira Grande (€/m²)
4th Quarter 2019673
1st Quarter 2020693
2nd Quarter 2020719
3rd Quarter 2020719
4th Quarter 2020763
1st Quarter 2021752
2nd Quarter 2021757
3rd Quarter 2021768
4th Quarter 2021810
1st Quarter 2022845
2nd Quarter 2022923
3rd Quarter 2022985
4th Quarter 2022985
1st Quarter 2023984
2nd Quarter 2023973
3rd Quarter 2023963
4th Quarter 20231000
1st Quarter 20241003
2nd Quarter 20241120
3rd Quarter 20241138
4th Quarter 2024849
1st Quarter 2025959
2nd Quarter 2025926
3rd Quarter 2025966
4th Quarter 20251425
1st Quarter 20261565
Median sold price · Ribeira GrandeLatest 1st Quarter 2026: 1,565 · Min 673 · Max 1,565 · Range 892 · CAGR +14.5%/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 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 €1,712 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 Ribeira Grande?

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

Book a free consultation