Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 12.1
Mortgage as Percentage of Income: 147.16%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 14.24
Price to Rent Ratio - Outside of Centre: 14.21
Gross Rental Yield (City Centre): 7.02%
Gross Rental Yield (Outside of Centre): 7.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,978.57 R$ 1,100.0-3,200.0
Apartment (1 bedroom) Outside of Centre 1,389.29 R$ 900.0-2,000.0
Apartment (3 bedrooms) in City Centre 3,500.0 R$ 2,500.0-5,200.0
Apartment (3 bedrooms) Outside of Centre 2,312.5 R$ 1,500.0-3,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 566.7 R$ 325.16-1,226.31
Price per Square Feet to Buy Apartment Outside of Centre 386.47 R$ 315.87-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,119.9 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.72 6.9-18.0

These data are based on 121 entries in the past 18 months from 23 different contributors.
Last update: October 2024

Sources and References
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