Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 14.53
Mortgage as Percentage of Income: 172.72%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 17.02
Price to Rent Ratio - Outside of Centre: 15.88
Gross Rental Yield (City Centre): 5.88%
Gross Rental Yield (Outside of Centre): 6.30%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,100.00 R$ 1,500.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,450.00 R$ 950.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,763.78 R$ 2,500.00-5,200.00
Apartment (3 bedrooms) Outside of Centre 2,466.84 R$ 1,800.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 723.09 R$ 464.51-1,226.31
Price per Square Feet to Buy Apartment Outside of Centre 455.22 R$ 325.16-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,181.67 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.38 6.90-18.00

These data are based on 150 entries in the past 18 months from 28 different contributors.
Last update: November 2024

Sources and References
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