Property Prices in Blumenau - Santa Catarina, Brazil

Index Info
Price to Income Ratio: 12.00
Mortgage as Percentage of Income: 124.01%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 17.91
Price to Rent Ratio - Outside of Centre: 21.39
Gross Rental Yield (City Centre): 5.58%
Gross Rental Yield (Outside of Centre): 4.68%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,583.33 R$ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,158.33 R$ 950.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,700.00 R$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,440.00 R$ 1,700.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 651.90 R$ 469.25-929.02
Price per Square Feet to Buy Apartment Outside of Centre 540.57 R$ 418.06-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,675.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.40 7.00-9.80

These data are based on 45 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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