Property Prices in Belo Horizonte, Brazil

Index Info
Price to Income Ratio: 13.52
Mortgage as Percentage of Income: 160.62%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 16.37
Price to Rent Ratio - Outside of Centre: 15.48
Gross Rental Yield (City Centre): 6.11%
Gross Rental Yield (Outside of Centre): 6.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,216.94 R$ 1,500.00-3,200.00
Apartment (1 bedroom) Outside of Centre 1,512.50 R$ 1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,838.12 R$ 2,500.00-5,200.00
Apartment (3 bedrooms) Outside of Centre 2,474.71 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) 2,346.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.38 6.90-18.00

These data are based on 140 entries in the past 18 months from 26 different contributors.
Last update: December 2024

Sources and References
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