For a single person buying a home, Calheta works out cheaper. A home in Calheta costs €100,380 less.
You will
Household
Transport
60 m²
More adjustments
CalhetaFunchal
Estimated home price · 60 m²€111,900Δ €100,380€212,280
On the day you buy
Down payment€11,190€21,228
Transfer tax (IMT)€0€2,500
Stamp duty · purchase€895€1,698
Stamp duty · loan€604€1,146
Total upfront€12,689€26,573
Monthly payment€388€735
Mortgage payments35 years at 3.00% · 90% financed
€4,651€8,823
€4,172less in Calheta
Property tax (IMI)1VPT estimated at 50% of price
€168€318
€150less in Calheta
Water, sewage and wasteOfficial tariffs · 4 m³/month
no data for Calheta
ElectricityERSE regulated tariff · 1,469 kWh/year
€377€377
same in both
GasNatural gas, regulated tariff
no data
Income tax refunded by the municipalityCalheta gives back the 5%, Funchal gives back the 5%
€100€100
same in both
Total per yearItems with data for both
€5,096€9,419
€4,323less in Calheta
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
34%65%
31%better in Calheta
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+82%+113%
31 pointsrose more in Funchal
Crime rateRecorded crimes per 1 000 residents
14.6/100028.2/1000
13.6/1000better in Calheta
Average commuteOne way to work or school
17 min17 min
same in both
Average salary (gross)Average monthly earnings, by place of work
€1,383/month€1,465/month
€82/monthbetter in Funchal
Median salary (gross)Half of workers earn less than this, by place of work
€1,156/month€1,138/month
€18/monthbetter in Calheta
Purchasing power (Portugal = 100)Per-capita index
68.4109.1
40.7better in Funchal
PharmaciesPer 1,000 people
0.30/10000.20/1000
0.10/1000better in Calheta
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
3.2 km2.2 km
1.0 kmbetter in Funchal
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
