Faro

Lagoa vs Portimão: cost of living compared

versus

Yearly saving in Portimão

€325/year

For a single person buying a home, Portimão works out cheaper. A home in Portimão costs €6,720 less.

You will

BuyRent

Household

SingleCoupleFamily

Transport

NonePassCar

Home size (m²)

60 m²

More adjustments

Water use (m³/month)DependantsIncome tax paid per year (€)Household gross monthly income (€)Home price (€)Taxable property value, VPT (€)Down payment (%)Term (years)Interest rate (%)I'm 35 or under and it's my first home (IMT Jovem)

LagoaPortimão

Estimated home price · 60 m²€202,260Δ €6,720€195,540

On the day you buy

Down payment€20,226€19,554

Transfer tax (IMT)€3,700€3,286

Stamp duty · purchase€1,618€1,564

Stamp duty · loan€1,092€1,056

Total upfront€26,637€25,460

Monthly payment€701€677

Mortgage payments35 years at 3.00% · 90% financed

€8,407€8,127

€280less in Portimão

Property tax (IMI)¹VPT estimated at 50% of price

€364€362

€2less in Portimão

Water, sewage and wasteOfficial tariffs · 4 m³/month

€189€258

€69less in Lagoa

ElectricityERSE regulated tariff · 1,469 kWh/year

€380€380

same in both

GasLagoa: bottle · Portimão: network

€360€217

€143less in Portimão

Income tax refunded by the municipalityLagoa gives back 3%, Portimão gives back 1.5%

€60€30

€30less in Lagoa

Total per yearItems with data for both

€9,639€9,314

€325less in Portimão

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

63%63%

same in both

House price rise over 5 yearsMedian sale price (€/m²), over 5 years

+79%+92%

13 pointsrose more in Portimão

Crime rateRecorded crimes per 1 000 residents

35.5/100037.4/1000

1.9/1000better in Lagoa

Average commuteOne way to work or school

14 min15 min

1 minbetter in Lagoa

Average salary (gross)Average monthly earnings, by place of work

€1,345/month€1,294/month

€51/monthbetter in Lagoa

Median salary (gross)Half of workers earn less than this, by place of work

€1,120/month€1,075/month

€45/monthbetter in Lagoa

Purchasing power (Portugal = 100)Per-capita index

88.599.9

11.4better in Portimão

PharmaciesPer 1,000 people

0.30/10000.20/1000

0.10/1000better in Lagoa

Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department

6.6 km2.8 km

3.8 kmbetter in Portimão

CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)

80/10050/100

30/100better in Lagoa

Crèche placesTotal crèche places (excluding childminders)

508910

402better in Portimão

Not-for-profit crèchesShare of places in public, IPSS and misericórdia crèches, free under Creche Feliz

100%53%

47%better in Lagoa

Ageing indexOlder people per 100 young (lower = younger)

189152

37better in Portimão

Burnt land over 10 yearsShare of the land that burnt at least once in 10 years

0.2%20%

20%better in Lagoa

Not part of the euro total. Crime: recorded crimes per 1 000 residents (2025). Commute: average one-way trip to work or school (2021).

Lagoa and Portimão in the rankings

See where Lagoa and Portimão rank on each indicator: home prices, salaries, emergency care, crèches…

Choose the indicator →

Better valuePortimão

Lagoa → Portimão →