For a single person buying a home, Odemira works out cheaper. A home in Odemira costs €63,600 less.
You will
Household
Transport
60 m²
More adjustments
OdemiraSilves
Estimated home price · 60 m²€108,000Δ €63,600€171,600
On the day you buy
Down payment€10,800€17,160
Transfer tax (IMT)€33€2,089
Stamp duty · purchase€864€1,373
Stamp duty · loan€583€927
Total upfront€12,280€21,548
Monthly payment€374€594
Mortgage payments35 years at 3.00% · 90% financed
€4,489€7,132
€2,643less in Odemira
Property tax (IMI)1VPT estimated at 50% of price
€162€257
€95less in Odemira
Water, sewage and wasteOfficial tariffs · 4 m³/month
€172€191
€19less in Odemira
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 municipalityOdemira gives back 1.5%
no data for Silves
Total per yearItems with data for both
€5,563€8,320
€2,757less in Odemira
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
38%55%
17%better in Odemira
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+64%+87%
23 pointsrose more in Silves
Crime rateRecorded crimes per 1 000 residents
20.8/100036.6/1000
15.8/1000better in Odemira
Average commuteOne way to work or school
17 min17 min
same in both
Average salary (gross)Average monthly earnings, by place of work
€1,145/month€1,270/month
€125/monthbetter in Silves
Median salary (gross)Half of workers earn less than this, by place of work
€983/month€1,080/month
€97/monthbetter in Silves
Purchasing power (Portugal = 100)Per-capita index
77.385.1
7.8better in Silves
PharmaciesPer 1,000 people
0.30/10000.20/1000
0.10/1000better in Odemira
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
13.7 km11.8 km
1.9 kmbetter in Silves
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
