For a single person buying a home, Almodôvar works out cheaper. A home in Almodôvar costs €106,980 less.
You will
Household
Transport
60 m²
More adjustments
AlmodôvarSilves
Estimated home price · 60 m²€64,620Δ €106,980€171,600
On the day you buy
Down payment€6,462€17,160
Transfer tax (IMT)€0€2,089
Stamp duty · purchase€517€1,373
Stamp duty · loan€349€927
Total upfront€7,328€21,548
Monthly payment€224€594
Mortgage payments35 years at 3.00% · 90% financed
€2,686€7,132
€4,446less in Almodôvar
Property tax (IMI)1VPT estimated at 50% of price
€97€257
€160less in Almodôvar
Water, sewage and wasteOfficial tariffs · 4 m³/month
no data for Almodôvar
ElectricityERSE regulated tariff · 1,469 kWh/year
€380€380
same in both
GasNo network: butane bottles
€360€360
same in both
Income tax refunded by the municipalityAlmodôvar gives back 1%
no data for Silves
Total per yearItems with data for both
€3,522€8,129
€4,607less in Almodôvar
1 Property tax estimated using a taxable value (VPT) of 50% of market price. Enter the VPT from your property record for an exact figure.
Average rate on new housing loans: 3.00% (August 2026, Banco de Portugal).
excluded from comparison (missing for the other municipality)
Source: Portal das Finanças, taxas de IMI por município · 2025 · Source: Portal das Finanças, participação dos municípios no IRS · 2026 · Source: INE · 2nd quarter of 2026 · Energy: ERSE, October 2026
Beyond the cost
Mortgage payment ÷ 1 × local median gross salary
21%55%
34%better in Almodôvar
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+124%+87%
37 pointsrose more in Almodôvar
Crime rateRecorded crimes per 1 000 residents
28.9/100036.6/1000
7.7/1000better in Almodôvar
Average commuteOne way to work or school
16 min17 min
1 minbetter in Almodôvar
Average salary (gross)Average monthly earnings, by place of work
€1,227/month€1,270/month
€43/monthbetter in Silves
Median salary (gross)Half of workers earn less than this, by place of work
€1,071/month€1,080/month
€9/monthbetter in Silves
Purchasing power (Portugal = 100)Per-capita index
82.785.1
2.4better in Silves
PharmaciesPer 1,000 people
0.30/10000.20/1000
0.10/1000better in Almodôvar
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
21.5 km11.8 km
9.7 kmbetter in Silves
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
