São Miguel Island Property Prices, Rents & Rental Yields
Data updated monthly.Last update:September 3, 2026

Portugal
Confidence
Low
São Miguel Island market overview: score, prices and rental yields
Market Score
12Poor
12 / 100
Investability
16Price momentum
14Rental demand
0Sales demand
0Median asking price
€370,000
| 1M | +0.5% |
| 1Y | -2.9% |
| Month | Median asking price |
|---|---|
| October 2025 | €383,500 |
| November 2025 | €377,410 |
| December 2025 | €372,000 |
| January 2026 | €372,000 |
| February 2026 | €370,000 |
| March 2026 | €365,000 |
| April 2026 | €360,000 |
| May 2026 | €355,000 |
| June 2026 | €350,000 |
| July 2026 | €350,000 |
| August 2026 | €368,000 |
| September 2026 | €370,000 |
Median monthly rent
€1,200
| 1M | +14.3% |
| 1Y | +34.1% |
| Month | Median monthly rent |
|---|---|
| October 2025 | €1,050 |
| November 2025 | €950 |
| December 2025 | €880 |
| January 2026 | €950 |
| February 2026 | €960 |
| March 2026 | €1,150 |
| April 2026 | €1,170 |
| May 2026 | €1,180 |
| June 2026 | €1,200 |
| July 2026 | €1,250 |
| August 2026 | €1,050 |
| September 2026 | €1,200 |
Gross Rental Yield
3.9%
| 1M | +2.8% |
| 1Y | +14.7% |
| Month | Gross Rental Yield |
|---|---|
| October 2025 | 3.95% |
| November 2025 | 3.93% |
| December 2025 | 3.41% |
| January 2026 | 3.39% |
| February 2026 | 3.73% |
| March 2026 | 4.21% |
| April 2026 | 4.21% |
| May 2026 | 4.2% |
| June 2026 | 4.2% |
| July 2026 | 4.34% |
| August 2026 | 3.79% |
| September 2026 | 3.9% |
Median price per m²
€3,490
| 1M | -4.2% |
| 1Y | +2.6% |
| Month | Median price per m² |
|---|---|
| October 2025 | €3,420 |
| November 2025 | €2,980 |
| December 2025 | €3,100 |
| January 2026 | €3,180 |
| February 2026 | €3,190 |
| March 2026 | €3,290 |
| April 2026 | €3,300 |
| May 2026 | €3,320 |
| June 2026 | €3,330 |
| July 2026 | €3,330 |
| August 2026 | €3,640 |
| September 2026 | €3,490 |
Market Breakdown
Property listings (951 for sale)
No data available
Top submarket
48
Gross Rental Yield
3.85 %
Median asking price
€378k
Median monthly rent
€1,200
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| 2 bedroom | 4.2% |
Median price per m²
| Category | Median price per m² |
|---|---|
| 2 bedroom | €3,910 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| 2 bedroom | 76 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| 2 bedroom | 18 |
Market Trends
Listings by property size
2 bedroom (100%)
| Category | Listings by property size |
|---|---|
| 2 bedroom (100%) | 94 listings (100%) |
Sales Activity Index
11-38%
| Month | Sales Activity Index |
|---|---|
| October 2025 | 17% |
| November 2025 | 38% |
| December 2025 | 37% |
| January 2026 | 14% |
| February 2026 | 22% |
| March 2026 | 12% |
| April 2026 | 16% |
| May 2026 | 19% |
| June 2026 | 23% |
| July 2026 | 11% |
| August 2026 | 17% |
| September 2026 | 19% |
Rent Activity Index
30-69%
| Month | Rent Activity Index |
|---|---|
| October 2025 | 40% |
| November 2025 | 68% |
| December 2025 | 69% |
| January 2026 | 30% |
| February 2026 | 47% |
| March 2026 | 46% |
| April 2026 | 53% |
| May 2026 | 59% |
| June 2026 | 65% |
| July 2026 | 37% |
| August 2026 | 67% |
| September 2026 | 50% |
Median asking price
| Month | 2 bedroom |
|---|---|
| October 2025 | €379.9k |
| November 2025 | €369.9k |
| December 2025 | €378k |
| January 2026 | €378.8k |
| February 2026 | €372k |
| March 2026 | €370k |
| April 2026 | €367.3k |
| May 2026 | €364.7k |
| June 2026 | €362k |
| July 2026 | €368k |
| August 2026 | €378k |
| September 2026 | €371k |
Median monthly rent
| Month | 2 bedroom |
|---|---|
| October 2025 | €1,100 |
| November 2025 | €1,030 |
| December 2025 | €1,150 |
| January 2026 | €950 |
| February 2026 | €930 |
| March 2026 | €1,380 |
| April 2026 | €1,400 |
| May 2026 | €1,430 |
| June 2026 | €1,450 |
| July 2026 | €1,450 |
| August 2026 | €1,450 |
| September 2026 | €1,300 |
Years to profit (sale to rent ratio)
| Month | 2 bedroom |
|---|---|
| October 2025 | 28.78 |
| November 2025 | 30.08 |
| December 2025 | 27.39 |
| January 2026 | 33.22 |
| February 2026 | 33.51 |
| March 2026 | 22.42 |
| April 2026 | 21.88 |
| May 2026 | 21.34 |
| June 2026 | 20.8 |
| July 2026 | 21.15 |
| August 2026 | 21.72 |
| September 2026 | 23.78 |
Median price per m²
| Month | 2 bedroom |
|---|---|
| October 2025 | €3,520 |
| November 2025 | €3,590 |
| December 2025 | €3,180 |
| January 2026 | €3,410 |
| February 2026 | €3,410 |
| March 2026 | €3,430 |
| April 2026 | €3,570 |
| May 2026 | €3,710 |
| June 2026 | €3,850 |
| July 2026 | €3,640 |
| August 2026 | €4,020 |
| September 2026 | €3,910 |
Investment Insights by Cities
48
Gross Rental Yield
3.85 %
Median asking price
€378k
Median monthly rent
€1,200
10
Gross Rental Yield
4.53 %
Median asking price
€420k
Median monthly rent
€1,300
10
Gross Rental Yield
- %
Median asking price
-
Median monthly rent
-
10
Gross Rental Yield
6.94 %
Median asking price
€330.0k
Median monthly rent
€1,850
10
Gross Rental Yield
5.89 %
Median asking price
€299k
Median monthly rent
€1,250
10
Gross Rental Yield
2.84 %
Median asking price
€295.4k
Median monthly rent
€700
About São Miguel Island
São Miguel Island is the largest in Portugal’s Azores archipelago, located in the central Atlantic. Its volcanic landscape features crater lakes, emerald pastures and a rugged coastline that shaped a long maritime heritage. Settled towns cluster around the coast, reflecting a history of seafaring, trade and farming. The economy centers on tourism, agriculture and services, with growing activity in hospitality, fishing and light manufacturing. The connectivity—air and sea links, ports and regional administration—helps sustain a housing market that appeals to investors and long-term residents. Rental demand is driven by students, professionals, digital nomads and seasonal visitors, while the island’s mix of towns offers options near the coast and in leafy inland areas. A stable resident base, alongside recurring tourism, sustains the demand for a range of housing types.
Name | |||||
|---|---|---|---|---|---|
All | 3.9 % | 155 | 36 | €370,000 | €1,200 |
Studio | -- % | -- | -- | -- | -- |
1 Bedroom | -- % | -- | -- | -- | -- |
2 Bedrooms | 4.2 % | 76 | 18 | €371,000 | €1,300 |
3 Bedrooms | -- % | -- | -- | -- | -- |
4+ Bedrooms | -- % | -- | -- | -- | -- |
Summary and Key Takeaways
With a median rental yield of 3.9% and property prices starting at €371,000, São Miguel Island
may become a good investment option for some investors.
Median property prices in São Miguel Island are €370,000, while the median rent is €1,200. This means that a median property in São Miguel Island will pay for itself in 25.7 years.
Detailed real estate yield breakdown:
A median 2-bedroom apartment: 4.20% yield, sale price €371,000, rent €1,300.
Where exactly to buy the property?
Nearby property markets
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