For a single person buying a home, Porto Moniz works out cheaper. A home in Porto Moniz costs €38,340 less.
You will
Household
Transport
60 m²
More adjustments
MachicoPorto Moniz
Estimated home price · 60 m²€124,200Δ €38,340€85,860
On the day you buy
Down payment€12,420€8,586
Transfer tax (IMT)€0€0
Stamp duty · purchase€994€687
Stamp duty · loan€671€464
Total upfront€14,084€9,737
Monthly payment€430€297
Mortgage payments35 years at 3.00% · 90% financed
€5,162€3,569
€1,593less in Porto Moniz
Property tax (IMI)1VPT estimated at 50% of price
€186€129
€57less 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 municipalityMachico gives back 1%, Porto Moniz gives back the 5%
€20€100
€80less in Porto Moniz
Total per yearItems with data for both
€5,706€3,975
€1,731less 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
40%31%
9%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
23.3/100025.7/1000
2.4/1000better in Machico
Average commuteOne way to work or school
19 min16 min
3 minbetter in Porto Moniz
Average salary (gross)Average monthly earnings, by place of work
€1,342/month€1,057/month
€285/monthbetter in Machico
Median salary (gross)Half of workers earn less than this, by place of work
€1,082/month€967/month
€115/monthbetter in Machico
Purchasing power (Portugal = 100)Per-capita index
82.861.8
21.0better in Machico
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
2.5 km12.5 km
10.0 kmbetter in Machico
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
