Property Prices in Salvador, Brazil

Index Info
Price to Income Ratio: 11.73
Mortgage as Percentage of Income: 159.62%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 14.86
Price to Rent Ratio - Outside of Centre: 12.34
Gross Rental Yield (City Centre): 6.73%
Gross Rental Yield (Outside of Centre): 8.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,100.00 R$ 1,100.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,250.00 R$ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,275.00 R$ 2,800.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,525.00 R$ 2,200.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 594.57 R$ 445.93-743.22
Price per Square Feet to Buy Apartment Outside of Centre 329.80 R$ 195.09-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,120.67 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.47 9.00-15.00

These data are based on 37 entries in the past 18 months from 9 different contributors.
Last update: June 2024

Sources and References
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