Property Prices in Recife, Brazil

Index Info
Price to Income Ratio: 11.95
Mortgage as Percentage of Income: 178.33%
Loan Affordability Index: 0.56
Price to Rent Ratio - City Centre: 18.75
Price to Rent Ratio - Outside of Centre: 16.06
Gross Rental Yield (City Centre): 5.33%
Gross Rental Yield (Outside of Centre): 6.23%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,719.23 R$ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,018.75 R$ 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,309.09 R$ 3,000.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,575.00 R$ 1,400.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 673.78 R$ 454.11-929.02
Price per Square Feet to Buy Apartment Outside of Centre 392.05 R$ 315.87-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,400.00 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.00 13.00-15.00

These data are based on 85 entries in the past 18 months from 18 different contributors.
Last update: February 2025

Sources and References
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