Short answer
Yes, there is a general shortage of move-in ready homes, especially in sought-after areas and on smaller islands. New construction is limited by geography, licensing and high costs, so most available properties are older and may need renovation. This tight supply pushes prices up and makes well-maintained homes sell quickly. Check local listings and talk to agents for current availability.
General information, not legal or tax advice. Rules and amounts change: confirm with official sources.
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Thinking of buying or moving to the Azores?
A renovated 5-bedroom house in Ribeira Grande, São Miguel island, minutes from the beach and local life.