For a single person buying a home, Calheta works out cheaper. A home in Calheta costs €12,300 less.
You will
Household
Transport
60 m²
More adjustments
CalhetaMachico
Estimated home price · 60 m²€111,900Δ €12,300€124,200
On the day you buy
Down payment€11,190€12,420
Transfer tax (IMT)€0€0
Stamp duty · purchase€895€994
Stamp duty · loan€604€671
Total upfront€12,689€14,084
Monthly payment€388€430
Mortgage payments35 years at 3.00% · 90% financed
€4,651€5,162
€511less in Calheta
Property tax (IMI)1VPT estimated at 50% of price
€168€186
€18less 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%, Machico gives back 1%
€100€20
€80less in Calheta
Total per yearItems with data for both
€5,096€5,706
€610less 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%40%
6%better in Calheta
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+82%+112%
30 pointsrose more in Machico
Crime rateRecorded crimes per 1 000 residents
14.6/100023.3/1000
8.7/1000better in Calheta
Average commuteOne way to work or school
17 min19 min
2 minbetter in Calheta
Average salary (gross)Average monthly earnings, by place of work
€1,383/month€1,342/month
€41/monthbetter in Calheta
Median salary (gross)Half of workers earn less than this, by place of work
€1,156/month€1,082/month
€74/monthbetter in Calheta
Purchasing power (Portugal = 100)Per-capita index
68.482.8
14.4better in Machico
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 km2.5 km
0.7 kmbetter in Machico
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)