Property Prices in Serra, Brazil

Index Info
Price to Income Ratio: 6.96
Mortgage as Percentage of Income: 99.01%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 18.15
Price to Rent Ratio - Outside of Centre: 18.67
Gross Rental Yield (City Centre): 5.51%
Gross Rental Yield (Outside of Centre): 5.36%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,250.00 R$ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 750.00 R$ 500.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,200.00 R$ 2,200.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,100.00 R$ 700.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 455.22 R$ 353.03-557.41
Price per Square Feet to Buy Apartment Outside of Centre 260.13 R$ 195.09-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,766.67 R$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.20

These data are based on 16 entries in the past 18 months from 3 different contributors.
Last update: November 2024

Sources and References
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