Portugal · Região Autónoma dos Açores
How much home does a salary buy in Velas?
In Velas, the average net yearly salary buys 18.0 m² of apartment. A 60 m² flat costs 3.3 full years of salary.
Price per m²€750median, n=67, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,1242024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²3.3
m² per year of pay18.0 m²
B Data quality: Official, one limitation
Prices and wages in Velas, 2021–2026
Price and wage are from the same year. Empty cells mean the official figure is not published (yet).
| Year | Price €/m² | Net wage €/month | Years of pay for 60 m² |
|---|---|---|---|
| 2021. | €510 (n=69) | €931 | 2.7 |
| 2022. | €597 (n=52) | €936 | 3.2 |
| 2023. | €683 (n=43) | €1,020 | 3.3 |
| 2024. | €750 (n=67) | €1,124 | 3.3 |
| 2025. | €895 (n=60) | – | – |
| 2026. | €1,219 (n=74) | – | – |