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Wrong, you simply can't compare Portuguese to Spanish, because they
are different languages no matter what.
esto means 'this' , e.g. que es esto? - What is this?
esta is more difficult, because it can be from the verb, estar,
which means a changed condition or state as opposed to identity or nature, which is normally expressed by ser. However, it can also be used when the emphasis is on the speaker's perception of things, of their appearance, taste, etc. The examples given below should be contrasted with those to be found in 'Ser'.
Therefore, when you say esta, there are several ways to say it.
1. Esta muy simpatico. ( He is very nice)
2. Donde esta el colegio? ( Where is the school?)
3. Esta cerca de mi casa. ( It is near my house)
As you can see ESTA can be used to describe something and used for a location.
Este is first, third person subjunctive tense. Used for both gender.