Property Prices in Salvador, Brazil

Index Info
Price to Income Ratio: 10.42
Mortgage as Percentage of Income: 123.60%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 16.15
Price to Rent Ratio - Outside of Centre: 13.53
Gross Rental Yield (City Centre): 6.19%
Gross Rental Yield (Outside of Centre): 7.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,883.33 R$ 1,100.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,220.00 R$ 800.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,120.00 R$ 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,125.00 R$ 1,400.00-3,000.00
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) 2,387.33 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.35 5.00-15.00

These data are based on 43 entries in the past 18 months from 9 different contributors.
Last update: October 2024

Sources and References
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