Municipality · Faro
Portimão: Cost of living in Portimão
The year's bill · Single person · Buy€9,314€776 a monthSeveral sources: each line’s source in “The year’s costs” ↓
63%of the local median salary
Home price3,259 €/m²
Median salary€1,075/month
The year's bill · Couple · Buy€12,269€1,022 a monthSeveral sources: each line’s source in “The year’s costs” ↓
42%of 2 local median salaries
Home price3,259 €/m²
Median salary€1,075/month
The year's bill · Family with 2 children · Buy€17,482€1,457 a monthSeveral sources: each line’s source in “The year’s costs” ↓
58%of 2 local median salaries
Home price3,259 €/m²
Median salary€1,075/month
The year's bill · Single person · Rent€9,249€771 a monthSeveral sources: each line’s source in “The year’s costs” ↓
65%of the local median salary
Rent11.70 €/m²
Median salary€1,075/month
The year's bill · Couple · Rent€12,182€1,015 a monthSeveral sources: each line’s source in “The year’s costs” ↓
44%of 2 local median salaries
Rent11.70 €/m²
Median salary€1,075/month
The year's bill · Family with 2 children · Rent€17,432€1,453 a monthSeveral sources: each line’s source in “The year’s costs” ↓
60%of 2 local median salaries
Rent11.70 €/m²
Median salary€1,075/month
Home
What it costs to buy or rent, and the yearly property tax.
Median sale price (€/m²)€ per m², last 12 months
3,259 €/m²
House price rise over 5 yearsSale €/m²
+92%from 1,700 to 3,259 €/m²
Median rent (€/m² per month)€ per m² a month, new contracts
11.70 €/m²
Property tax rate (IMI)On the taxable property value
0.37%
IMI FamiliarProperty tax discount on your own home, by dependants
Yes−€30 with 1 dependant, −€70 with 2, −€140 with 3 or more
Bills and taxes
What you pay every year, for the chosen household.
Water, sewage and waste
€258€349€483
Electricity
€380€459€1,188
Gas
€217€217€407
Income tax refunded by the municipalityThe municipality keeps 3.5% and gives back 1.5% of your income tax
€30€75€90
Work and income
What people earn here, and how long it takes to get to work.
Median salary (gross)Half of workers earn less than this, by place of work
€1,075/month
Average salary (gross)Average monthly earnings, by place of work
€1,294/month
Purchasing power (Portugal = 100)Per-capita index
99.9
Health and family
Emergency care, crèches and pharmacies.
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
2.8 kmHospital de Portimão · · 100% of residents within 15 km
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
50 places per 100 children
Crèche placesCreche Feliz: free up to age 3 in public crèches and those with a state agreement; in adhering private ones, only if there is no agreement place near home or work.
910
479 places in public or not-for-profit crèches, 431 in private ones
Safety and population
Recorded crime, the population's age and wildfires.
Crime rateRecorded crimes per 1 000 residents
37.4 per 1,000 people
Ageing indexOlder people per 100 young (lower = younger)
152 older people per 100 young
Burnt land over 10 yearsShare of the land that burnt at least once
20% of the land
The year's costs
Everything in the year's bill, for the three households. The chosen one is highlighted.
| Single personSingle | CoupleCouple | Family with 2 childrenFamily | |
|---|---|---|---|
| Estimated home price | €195,540 | €260,720 | €358,490 |
| Mortgage payments | €8,127 | €10,837 | €14,900 |
| 1 | €362 | €482 | €593 |
| Water, sewage and waste | €258 | €349 | €483 |
| Electricity | €380 | €459 | €1,188 |
| Gas | €217 | €217 | €407 |
| Income tax refunded by the municipality | -€30 | -€75 | -€90 |
| Total per year | €9,314 | €12,269 | €17,482 |
| Housing effort rate2 | 63% | 42% | 58% |
| Monthly payment | €677 | €903 | €1,242 |
| On the day you buy | €25,460 | €37,358 | €55,569 |
| Single personSingle | CoupleCouple | Family with 2 childrenFamily | |
|---|---|---|---|
| Rent | €8,424 | €11,232 | €15,444 |
| Water, sewage and waste | €258 | €349 | €483 |
| Electricity | €380 | €459 | €1,188 |
| Gas | €217 | €217 | €407 |
| Income tax refunded by the municipality | -€30 | -€75 | -€90 |
| Total per year | €9,249 | €12,182 | €17,432 |
| Housing effort rate2 | 65% | 44% | 60% |
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.
2 Effort rate on the local median gross salary (half of workers earn less), × 1 salary for a single person and × 2 for a couple or family.
Fuel: average of 16 stations, DGEG · 26 October 2026
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