For a single person buying a home, Porto Moniz works out cheaper. A home in Porto Moniz costs €126,420 less.
You will
Household
Transport
60 m²
More adjustments
FunchalPorto Moniz
Estimated home price · 60 m²€212,280Δ €126,420€85,860
On the day you buy
Down payment€21,228€8,586
Transfer tax (IMT)€2,500€0
Stamp duty · purchase€1,698€687
Stamp duty · loan€1,146€464
Total upfront€26,573€9,737
Monthly payment€735€297
Mortgage payments35 years at 3.00% · 90% financed
€8,823€3,569
€5,254less in Porto Moniz
Property tax (IMI)1VPT estimated at 50% of price
€318€129
€189less in Porto Moniz
Water, sewage and wasteOfficial tariffs · 4 m³/month
no data for Porto Moniz
ElectricityERSE regulated tariff · 1,469 kWh/year
€377€377
same in both
GasNatural gas, regulated tariff
no data
Income tax refunded by the municipalityFunchal gives back the 5%, Porto Moniz gives back the 5%
€100€100
same in both
Total per yearItems with data for both
€9,419€3,975
€5,444less in Porto Moniz
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
65%31%
34%better in Porto Moniz
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
no data for Porto Moniz
Crime rateRecorded crimes per 1 000 residents
28.2/100025.7/1000
2.5/1000better in Porto Moniz
Average commuteOne way to work or school
17 min16 min
1 minbetter in Porto Moniz
Average salary (gross)Average monthly earnings, by place of work
€1,465/month€1,057/month
€408/monthbetter in Funchal
Median salary (gross)Half of workers earn less than this, by place of work
€1,138/month€967/month
€171/monthbetter in Funchal
Purchasing power (Portugal = 100)Per-capita index
109.161.8
47.3better in Funchal
PharmaciesPer 1,000 people
0.20/10000.40/1000
0.20/1000better in Porto Moniz
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
2.2 km12.5 km
10.3 kmbetter in Funchal
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
