Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 14.97
Mortgage as Percentage of Income: 185.47%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 17.38
Price to Rent Ratio - Outside of Centre: 15.29
Gross Rental Yield (City Centre): 5.75%
Gross Rental Yield (Outside of Centre): 6.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,205.88 R$ 1,500.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,479.41 R$ 950.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,874.89 R$ 2,500.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 2,465.00 R$ 1,700.00-3,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 768.77 R$ 464.51-1,254.18
Price per Square Feet to Buy Apartment Outside of Centre 443.28 R$ 325.16-696.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,178.18 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00 9.00-18.00

These data are based on 150 entries in the past 18 months from 27 different contributors.
Last update: February 2025

Sources and References
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