For a single person buying a home, Paredes works out cheaper. A home in Paredes costs €36,900 less.
You will
Household
Transport
60 m²
More adjustments
ParedesValongo
Estimated home price · 60 m²€102,300Δ €36,900€139,200
On the day you buy
Down payment€10,230€13,920
Transfer tax (IMT)€0€657
Stamp duty · purchase€818€1,114
Stamp duty · loan€552€752
Total upfront€11,601€16,442
Monthly payment€354€482
Mortgage payments35 years at 3.00% · 90% financed
€4,252€5,786
€1,534less in Paredes
Property tax (IMI)1VPT estimated at 50% of price
€153€237
€84less in Paredes
Water, sewage and wasteOfficial tariffs · 4 m³/month
€320€302
€18less in Valongo
ElectricityERSE regulated tariff · 1,469 kWh/year
€380€380
same in both
GasNatural gas, regulated tariff
€213€231
€18less in Paredes
Income tax refunded by the municipalityParedes keeps the 5%, Valongo keeps the 5%
€0€0
same in both
Total per yearItems with data for both
€5,318€6,936
€1,618less in Paredes
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
34%42%
8%better in Paredes
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+98%+96%
2 pointsrose more in Paredes
Crime rateRecorded crimes per 1 000 residents
26.2/100024.2/1000
2.0/1000better in Valongo
Average commuteOne way to work or school
19 min22 min
3 minbetter in Paredes
Average salary (gross)Average monthly earnings, by place of work
€1,243/month€1,388/month
€145/monthbetter in Valongo
Median salary (gross)Half of workers earn less than this, by place of work
€1,041/month€1,150/month
€109/monthbetter in Valongo
Purchasing power (Portugal = 100)Per-capita index
79.992.5
12.6better in Valongo
PharmaciesPer 1,000 people
0.20/10000.20/1000
same in both
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
7.1 km7.8 km
0.7 kmbetter in Paredes
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
