Fornos de Algodres vs Gouveia: cost of living compared
versus
Yearly saving in Fornos de Algodres
€231/year
For a single person buying a home, Fornos de Algodres works out cheaper. A home in Fornos de Algodres costs €4,560 less.
You will
Household
Transport
60 m²
More adjustments
Fornos de AlgodresGouveia
Estimated home price · 60 m²€30,120Δ €4,560€34,680
On the day you buy
Down payment€3,012€3,468
Transfer tax (IMT)€0€0
Stamp duty · purchase€241€277
Stamp duty · loan€163€187
Total upfront€3,416€3,933
Monthly payment€104€120
Mortgage payments35 years at 3.00% · 90% financed
€1,252€1,441
€189less in Fornos de Algodres
Property tax (IMI)1VPT estimated at 50% of price
€62€62
same in both
Water, sewage and wasteOfficial tariffs · 4 m³/month
€150€210
€60less in Fornos de Algodres
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 municipalityFornos de Algodres keeps the 5%, Gouveia gives back 1%
€0€20
€20less in Gouveia
Total per yearItems with data for both
€2,203€2,434
€231less in Fornos de Algodres
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).
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
11%11%
same in both
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+116%+46%
70 pointsrose more in Fornos de Algodres
Crime rateRecorded crimes per 1 000 residents
26.0/100028.2/1000
2.2/1000better in Fornos de Algodres
Average commuteOne way to work or school
16 min16 min
same in both
Average salary (gross)Average monthly earnings, by place of work
€1,099/month€1,223/month
€124/monthbetter in Gouveia
Median salary (gross)Half of workers earn less than this, by place of work
€966/month€1,052/month
€86/monthbetter in Gouveia
Purchasing power (Portugal = 100)Per-capita index
66.870.3
3.5better in Gouveia
PharmaciesPer 1,000 people
0.50/10000.70/1000
0.20/1000better in Gouveia
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
23.8 km12.5 km
11.3 kmbetter in Gouveia
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
