Angra do Heroísmo Real Estate Guide 2026
Overview
Growing city in Azores with investment potential. Average prices: €2,261/m². 69% below Lisbon prices.
Property Prices
- T0 tier — Average new build: €2,552/m²; Average resale: €1,624/m²
- T1 tier — Average new build: €2,310/m²; Average resale: €1,470/m²
- T2 tier — Average new build: €2,200/m²; Average resale: €1,400/m²
- T3 tier — Average new build: €1,980/m²; Average resale: €1,260/m²
Rental Yields
- T1 tier: 5.0%
- T2 tier: 4.7%
- T3 tier: 4.7%
Market Outlook
Annual price growth: 3.5% · Forecast: positive · up
Housing Stock
Area: Açores · town · Investment category: coastal · 12,000 apartments · 200 new units/year
Angra do Heroísmo
Character and Identity: A UNESCO World Heritage city. An architectural gem on the island of Terceira.
National Role: The historical and religious capital of the islands.
Historical Development: It was a mandatory stop for the empire's ships returning from India and Brazil laden with gold and spices, which made it wealthy and fortified.
Interesting Facts: The unique tradition of 'Tourada à corda'—bull running in the streets with bulls tied to a long rope held by strong men—takes place here hundreds of times a year.